46 days on Market

505 Richmond St #424, Toronto, Ontario M5V 1Y3

In the same building:
-
Condo
2
2
~700-799 sqft
$•••,•••
$990,000
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Condo
2
2
~700-799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,327/sqft

Est. Mortgage$4,252/mo

Maintenance fees$759/mo

Tax Amount (2024)$3,935/yr

Days On Market46 days


Description

This lovely condo building in the historic fashion district offers 2 bedroom, 2 full bathroom, split plan suite. Offers one parking spot in a 13-store ldg designed by Diamond & Schmitt w/ jaw dropping lobby & amenities by Cecconi Simone. Building Integrates State of the Art 56K sqft YMCA. Original 1932 Great Hall which will be Toronto's first European food hall w/ direct access to park. 9' Ceilings, large balcony, upgraded cabinetry, European Appliances. 5 min walk to Financial District and Billy Bishop Airport. Surrounded by the best of Toronto's art, culture, nightlife, and restaurants.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12026700
Community NameEntertainment District
Data SourceTRREB
Listing bySPECTRUM REALTY SERVICES INC.

Features

Heating: Forced Air
Cooling: Central Air

Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


4Story
Amenities

Concierge, Exercise Room, Gym, Party/Meeting Room, Recreation Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 18, 2025
ListedActive
$990,000
46 days on market
history photo preview46
Listing by trreb®
Property listed by SPECTRUM REALTY SERVICES INC., Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

31 days

2023

22 days

2022

14 days

New Listings

Past 30 days

282 listings

Compared to

2024

326 listings

2023

181 listings

2022

235 listings

Units sold

Past 30 days

53 units

Compared to

2024

75 units

2023

95 units

2022

95 units

Median Sold Price

Past 30 days

$700,000

Compared to

2024

$727,000

2023

$707,000

2022

$770,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Schools and amenities

Estimated Budget