505 Richmond Street, Toronto C01, ON

$2,249,000
MLS#:C12795142
2 beds
3 baths
1600-1799 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Loft"] 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 $2,249,000 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 3 Bathrooms
  • Generous living space spanning 1600-1799 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: Bar Fridge, Built-In Oven, Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

The welcoming Waterworks Residences artfully integrates authentic character with modern loft design. This iconic building provides the community with its own Food Hall, Y.M.C.A. and a pet friendly St Andrews Playground Park just steps away. Floor to Ceiling Windows illuminate this vibrant northeast corner penthouse. The impact is immediate! Sweeping 270 degree daytime views give way to glittering night scapes. The easy flow from the kitchen to the dining and living rooms add to the relaxed vibe. Host a balcony BBQ while watching summer sunsets. Lounge about in the expansive bedroom suite. Meticulously designed Custom Closet Built-Ins throughout offer exceptional storage while keeping the space organized and liveable. Another added bonus is the desirable split bedroom floor plan combined with the privacy of no buildings peering in. Unobstructed views for miles! The 2nd bedroom; ensuite and walk-in closet are ideal for an office, den, guest or kid's suite. An exceptional suite where light, space and calm come together.

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Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 4, 2026
Sold price information is available to members only
Listed Date2/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyToronto
Annual Tax$12,253.91

Parking & Garage

Parking Spaces1.0
Garage Spaces1
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

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Waterfront Communities C1, Toronto C01.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$628,847

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
Niagara Street
PublicNiagara Street, Toronto, Ontario, M5V 2P7
8.1

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 505 Richmond Street W 1309, Toronto C01, ON M5V 3N4

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,799,200
Monthly Mortgage$10,454
Property Tax (Est.)$1,021
Utilities & Maint.$350
Total Monthly Cost$11,825

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.