832 - 505 Richmond St W
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$795/mth
Taxes:
$4,306 (2025)
Cost Per Sqft:
$1,452 - $1,657/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South
Possession Date:
Flexible
Amenities
About this Listing
Bright South-Facing Urban Oasis at Waterworks! Discover luxury living in this stunning 2- bedroom, 2-bath suite at the award-winning Waterworks - where heritage architecture meets contemporary design in the heart of vibrant King and Queen West. This sun-drenched unit features soaring 9-foot ceilings, expansive south-facing windows, wide-plank wood flooring, abundant storage, and a spacious balcony- perfect for entertaining. Enjoy a sleek, modern layout and the convenience of being steps from Toronto's best restaurants, nightlife, and entertainment. With unbeatable access to transit, including the upcoming Ontario Lines Queen/Spadina station just a 5-minute walk away, the city is at your doorstep. Residents benefit from premium amenities including a 24-hour concierge, state-of-the-art gym with garden terrace, pet spa, rooftop lounge, and an integrated Food Hall. Adjacent to St. Andrew Park and Dog Run, and steps to the soon-to-open YMCA with indoor pool and basketball court, this location truly has it all - comfort, community, and convenience.
ExtrasB/I Fridge, Stove top, B/I Oven, B/I dishwasher, Washer, Dryer, all window blinds, all light fixtures, Wood floors throughout, Parking & Locker.
royal lepage terrequity portfolio realtyMLS® #C12086460
Fees & Utilities
Maintenance Fees
Utility Type
Air Conditioning
Heat Source
Heating
Room Dimensions
Living
hardwood floor, Walkout To Balcony, South View
Dining
hardwood floor, Combined with Kitchen
Kitchen
Modern Kitchen, Centre Island, Built-in Appliances
Primary
hardwood floor, 4 Piece Ensuite, Double Closet
2nd Bedroom
hardwood floor, Large Window, Double Closet
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Building Trends At WaterWorks Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Market Insights
Transaction Insights at WaterWorks Condos
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | $650,000 - $895,000 | $740,000 | $845,000 - $1,750,000 | No Data |
Avg. Cost Per Sqft | $1,173 | $1,116 | $1,395 | No Data |
Price Range | $2,300 - $3,417 | $2,900 - $3,500 | $2,995 - $5,850 | $14,000 |
Avg. Wait for Unit Availability | 108 Days | 329 Days | 73 Days | 408 Days |
Avg. Wait for Unit Availability | 20 Days | 71 Days | 19 Days | 240 Days |
Ratio of Units in Building | 39% | 9% | 50% | 4% |
Market Inventory
Total number of units listed and sold in Queen West