505 Richmond Street, Toronto C01, ON

$1,425,000
MLS#:C12964678
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $1,425,000 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 2 Bathrooms
  • Generous living space spanning 1000-1199 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: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via electric

Some addresses just feel different and this one delivers. Perched on the corner of one of downtown Toronto's most celebrated boutique buildings, this rare 1,000+ sq ft suite redefines what urban living can look and feel like. Two bedrooms, two bathrooms, parking, and a locker - the fundamentals are all here. But it's the details that make it extraordinary. The kitchen is a statement. Fully appointed with premium Miele appliances and designed with the entertainer in mind, it's the kind of space that makes hosting feel effortless and evenings feel indulgent. Floor-to-ceiling windows wrap the entire suite, flooding every room with natural light and framing unobstructed south views including a front-row seat to the CN Tower. Step onto the upgraded balcony and you'll understand why this one is different. Custom turf underfoot, peaceful sightlines over St. Andrew's Park, and the quiet luxury of knowing you don't have to compromise. Downstairs, the Waterworks Food Hall awaits - one of the city's most acclaimed culinary destinations, right at your front door. Add top-tier building amenities, a layout that actually works, and a location that puts the best of Toronto within walking distance, and the picture becomes clear. This isn't just a condo. It's a standard of living.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 21, 2026
Sold price information is available to members only
Listed Date4/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionMetal/Steel Siding
BasementNone
CountyToronto
Annual Tax$6,628.42

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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505 Richmond Street, Toronto C01, ON
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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 505, Toronto C01, ON M5V 0P4

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$1,140,000
Monthly Mortgage$6,624
Property Tax (Est.)$552
Utilities & Maint.$350
Total Monthly Cost$7,526

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.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto C01.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$794,565

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

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-Occupied48%
Rented52%

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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.