Unknown for 505 Richmond St #1025, Toronto Ontario M5V 1Y3
11 days on Market

505 Richmond St #1025, Toronto, Ontario M5V 1Y3

Condo
1
1
~700-799 sqft
$730,000
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Condo
1
1
~700-799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$978/sqft

Est. Mortgage$3,135/mo

Maintenance fees$588/mo

Tax Amount (2024)$3,375/yr

Days On Market11 days


Description

Unit 1025 at Waterworks isnt just a condo - its your new way of life. Close to 700 sq ft of smart design, stylish finishes, and 9-ft ceilings that make everything feel bigger, brighter, and better. Oh, and did we mention low maintenance fees? This buildings got all the good stuff: a gym that actually makes you want to work out, rooftop BBQs for summer hangs, a party room, meeting spaces, and visitor parking for your fan club. Living here means youre in the middle of King West. where city energy meets everyday ease. Your dog will be living their best life with the park just steps away. Too tired to cook? Just head downstairs to Waterworks Food Hall and choose from a lineup of crave-worthy eats. WFH life dragging? Grab your laptop and hit a local café or pop into the buildings meeting room or rooftop terrace for a vibe check. This place? Its not just a home - its the whole package.


Property Details

StyleApartment
ViewDowntown, Garden
Age of property0-5
SqFt~700-799 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12095361
Community NameEntertainment District
Data SourceTRREB
Listing byPSR

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

5.21 x 2.77

O/Looks Living

Living

5.21 x 3.07

Open Concept

Primary

3.38 x 2.68

O/Looks Living / B/I Closet / Window Flr to Ceil

Bathroom

0.0 x 0.0

5 Pc Bath


Features

Patio: Open
Balcony: Open

10Story
Elevator
Amenities

Bike Storage, Bus Ctr (Wifi Bldg), Community BBQ, Concierge, Elevator, Exercise Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 22, 2025
ListedActive
$730,000
11 days on market
history photo preview31
Listing by trreb®
Property listed by PSR, 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