505 Richmond Street, Toronto C01, ON

$1,399,000
MLS#:C12770516
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Built-In Oven
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Award-winning Waterworks, a premier and highly sought-after condominium in the heart of Queen & Spadina, offers an exceptional combination of style, location, and lifestyle. Suite 527 is a bright two-bedroom corner suite featuring a highly efficient layout with no wasted space, ideal for both everyday living and entertaining. Southwest-facing windows provide natural light and frame stunning city views, creating a warm and inviting atmosphere throughout.The original owner invested approximately $50,000 in high-end upgrades, ensuring premium finishes and meticulous attention to detail. The spacious, well-appointed kitchen includes a pantry and large storage cabinet, perfect for organization. Additional storage is abundant, with a walk-in hall closet, while the private balcony overlooks the stunning, newly redesigned St. Andrews Playground Park. Waterworks offers an unbeatable lifestyle. Residents enjoy the convenience of a brand-new YMCA in the building, plus access to the vibrant Waterworks Food Hall, featuring fresh, local ingredients and a variety of cuisines just steps from your door. With world-class shopping, dining, and entertainment nearby, plus excellent transit connections, this location brings downtown Toronto to your doorstep. Meticulously maintained and move-in ready, this suite is part of a landmark building recognized with the 2025 Toronto Urban Design Award in conjunction with St. Andrews Playground Park, reflecting both outstanding architecture and a commitment to community.This suite presents a rare opportunity to live in a bright, fully upgraded, and elegant home in one of Toronto's most coveted buildings. Move in and enjoy the ultimate combination of comfort, convenience, and urban sophistication.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 26, 2026
Sold price information is available to members only
Listed Date2/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyToronto
Annual Tax$6,145.81

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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505 Richmond Street, Toronto C01, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 505 Richmond Street W 527, Toronto C01, ON M5V 0P4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$1,119,200
Monthly Mortgage$6,503
Property Tax (Est.)$512
Utilities & Maint.$350
Total Monthly Cost$7,365

Strategic Fiscal Clarity

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No current listings found in Toronto C01.