505 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete and metal/steel siding construction, this residence presents an exceptional opportunity offered at $1,449,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- Features a other, 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, Carpet Free, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Live in Urban Luxury at Waterworks Condos Where Historic Charm Meets Contemporary Modern Design. Welcome To a Rare West-Facing, Split Floor Plan 2 Bedroom Plus Den, 2 Bathroom Suite Spanning Over 1000 SqFt, This Unit Offers Both Space And Sophistication In The Heart of King West. Step Into a Chef's Kitchen Featuring An Extra Large Island, Sleek Cabinetry, Integrated Appliances, Including a Wine Fridge, and Extra Pantry Storage. The Open-Concept Living and Dining Area is Flooded With Natural Light Through Expansive Floor To Ceiling Windows And 9-10' Ceilings. The Living Room Leads To a 151 Sq Ft Terrace Complete W A Water Source And Natural Gas Hook-Up, One Of The Few Units To Allow for Your Own Private BBQ. Spacious Primary Suite W Separate Den, His/Her Closets And Spa Like Ensuite Bath W Separate Shower & Bath. The Airy Second Bedroom Has Full Size Closet and Ample Windows. Loads of Storage in Both The Large Ensuite Laundry Room and Extremely Rare Locker Room (Not Cage) Approx 78 Sq Ft. Upgraded EV Parking Spot Included, Another Rare Find In Waterworks. Many Other Upgrades Including Window Coverings W Remote Controls, Custom Cabinetry In Closets, Upgraded Lighting, And Much More. Waterworks Offers Top-Tier Amenities Including: Rooftop Terrace With Lounge and BBQs, Fully Equipped Fitness Centre, Event and Co-working Spaces, Pet Friendly Spaces and Pet Spa, Concierge, Direct Access to a European-Style Food Hall and The Upcoming New YMCA. The Location Can't Be Beat: Steps from Queen West Shops, The Best of King Street Restaurants, Trinity Bellwoods Park, and The Financial District, This is Urban Living Redefined.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Clear View, Electric Car Charger, Park, Public Transit, Rec./Commun.Centre
Interior Features
Bar Fridge, Carpet Free, Storage, Storage Area Lockers
Security Features
Concierge/Security
Community Features
Location
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 1007, Toronto C01, ON M5V 0P4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,449,000 in Toronto, the legal minimum down payment is $289,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $25,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $25,455 also applies, bringing the total estimated land transfer taxes to $50,910.
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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.
