25 - 505 Richmond Street W, Toronto, ON M5V 0P4
Waterfront Communities, Toronto · Near Richmond St W / Maud St · View map
About this home
A true two-bedroom at Waterworks - and a layout worth seeing. This thoughtfully designed split-bedroom suite offers two separate bedrooms, each with a south-facing window and its own full-size door, creating excellent privacy and separation.The bright, open living space enjoys an unobstructed south-facing view, bringing natural light and an exceptional sense of openness into the suite. The contemporary kitchen features integrated appliances, a generous island and ample workspace, flowing naturally into the living and dining area. Step outside to the 163 SF private terrace, a substantial extension of the living space with a gas hookup - perfect for outdoor dining, entertaining or simply enjoying the view. Set within the iconic Waterworks Residences, residents enjoy an exceptional downtown lifestyle with the renowned Waterworks Food Hall, YMCA, landscaped surroundings and a vibrant mix of restaurants, cafés, shopping, entertainment and culture just outside the door. Located in the heart of King West, with Queen West, the Financial District, transit and Toronto's downtown core all within easy reach.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 700-799 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Basement
- None
- Faces
- South
- Level
- 11
- Balcony
- Terrace
- Laundry
- In-Suite Laundry
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $672.65/mo
- Fee includes
- Common Elements, Building Insurance, CAC
- Complex
- TSCP 2874
- Property management
- ICC Property Management Ltd. 416-366-7125
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Exterior
- Brick, Concrete
Heating & cooling
- Heating type
- Fan Coil
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Total parking
- None
Taxes & other
- Property taxes
- $4,389/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- 30-60 days
- Cross street
- Richmond St W / Maud St
- Neighbourhood
- Waterfront Communities
More
- Price per sq ft
- ~$1,300 (at 750 sq ft)
- Listed
- Oct 13, 2026 · today
- MLS® number
- C13986698
No matching details. Ask Will instead
The home and its surroundings
- Built-In Oven
- Carpet Free
Included in the maintenance fee
- Common Elements
- Building Insurance
- CAC
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
505 Richmond Street, Toronto, ON M5V 0P4
Waterfront Communities, Toronto · Near Richmond St W / Maud St
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 505 Richmond Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 25 - 505 Richmond Street W
Answers come straight from this home’s MLS® listing.
How much is 25 - 505 Richmond Street W listed for, and what would it cost each month?
25 - 505 Richmond Street W is listed for $975,000. With 20% down ($195,000), the mortgage payment would be roughly $3,933 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $4,971 a month, all in. That figure is an illustration, not a quote.
Is 25 - 505 Richmond Street W freehold or a condo, and is there a monthly fee?
25 - 505 Richmond Street W is a condo apartment in Waterfront Communities, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $672.65 a month. The listing says it covers common elements, building insurance, cac. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 25 - 505 Richmond Street W have?
25 - 505 Richmond Street W has 2 bedrooms and 2 bathrooms.
Does 25 - 505 Richmond Street W have a garage and parking?
Yes. The listing shows the garage as underground. The listing does not include a parking space.
Does 25 - 505 Richmond Street W have a finished basement?
No. The listing shows no basement for this home.
What style of home is 25 - 505 Richmond Street W?
25 - 505 Richmond Street W is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 25 - 505 Richmond Street W?
The listing puts the home between 700 and 799 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 25 - 505 Richmond Street W heated and cooled?
Heating is fan coil. Cooling is central air.
What are the property taxes for 25 - 505 Richmond Street W?
Property taxes are $4,389 a year (2026), or about $366 a month.
Are pets allowed at 25 - 505 Richmond Street W?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 25 - 505 Richmond Street W?
25 - 505 Richmond Street W is in the Waterfront Communities community of Toronto. The nearest main intersection is Richmond St W / Maud St. The postal code is M5V 0P4.
How long has 25 - 505 Richmond Street W been on the market?
25 - 505 Richmond Street W was listed on October 13, 2026. It came on the market today. It is an active listing (MLS® C13986698). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 25 - 505 Richmond Street W asking?
Similar condos for sale nearby right now include 424 - 505 Richmond Street W at $880,000 (2 bed), 714 - 505 Richmond Street W at $839,900 (2 bed) and 708 - 505 Richmond Street W at $635,000 (1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 505 Richmond Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 25 - 505 Richmond Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar condos nearby
More condos for sale near Waterfront Communities, picked by style, size and price.
Condo apartment$880,000424 - 505 Richmond Street W, Toronto2 bed · 2 bath · Waterfront CommunitiesCourtesy of: CHESTNUT PARK REAL ESTATE LIMITEDView home →
Condo apartment$839,900714 - 505 Richmond Street W, Toronto2 bed · 2 bath · Waterfront CommunitiesCourtesy of: UNION CAPITAL REALTYView home →
Condo apartment$635,000708 - 505 Richmond Street W, Toronto1 bed · 1 bath · Waterfront CommunitiesCourtesy of: BOSLEY REAL ESTATE LTD.View home →Courtesy of: ZOLO REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.