708 - 505 Richmond Street W, Toronto, ON M5V 0P4
Waterfront Communities, Toronto · Near Richmond & Brant · View map
About this home
Welcome To Waterworks! Built On Top Of A 1930S Heritage Utility Building This Modern Boutique Building Combines Old Charm And Modern Design. This Stunning One Bedroom Suite Features West Facing Views, A 72 Sq/ft Balcony Off The Living Area, And A Locker, Sits Conveniently Btwn King And Queen West & Is Steps To Downtowns Finest Dining & Shopping. This Unit Boasts High, Smooth Ceilings, Pot Lights Throughout, Stainless Steel Appl. And Kitchen Island. Building Offers Amazing Facilities. First-Class Concierge, Gym, Large Party Room And One-Of-A-Kind Rooftop Garden, With 360 Downtown And CN Tower View, Food Hall Is Absolutely A Bonus To Have Downstairs With High-End Restaurants And Bars. Designed By Award Winning Cecconi Simone With The Finest Hardware And Finishes. Your Dream Location In Downtown Toronto!
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 500-599 sq ft
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Basement
- None
- Faces
- West
- Level
- 7
- Balcony
- Open
- View
- City, Clear
- Laundry
- Ensuite
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $505.74/mo
- Fee includes
- Common Elements, Building Insurance, Water
- Complex
- Waterworks
- Property management
- ICC Property Management Ltd
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Security
- Concierge/Security
- Exterior
- Brick Front, Metal/Steel Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Total parking
- None
- Parking features
- Mutual
Taxes & other
- Property taxes
- $2,707/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Richmond & Brant
- Neighbourhood
- Waterfront Communities
More
- Price per sq ft
- ~$1,155 (at 550 sq ft)
- MLS® number
- C13818048
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The home and its surroundings
- Arts Centre
- Library
- Park
- Place Of Worship
- Public Transit
- School
Included in the maintenance fee
- Common Elements
- Building Insurance
- Water
Shared in the complex
- Bike Storage
- Gym
- Party Room/Meeting Room
- Recreation Room
- Rooftop Deck/Garden
- Visitor Parking
- 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 & Brant
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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.
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Answers come straight from this home’s MLS® listing.
How much is 708 - 505 Richmond Street W listed for, and what would it cost each month?
708 - 505 Richmond Street W is listed for $635,000. With 20% down ($127,000), the mortgage payment would be roughly $2,561 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,293 a month, all in. That figure is an illustration, not a quote.
Is 708 - 505 Richmond Street W freehold or a condo, and is there a monthly fee?
708 - 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 $505.74 a month. The listing says it covers common elements, building insurance, water. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 708 - 505 Richmond Street W have?
708 - 505 Richmond Street W has 1 bedroom and 1 bathroom.
Does 708 - 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 708 - 505 Richmond Street W have a finished basement?
No. The listing shows no basement for this home.
What style of home is 708 - 505 Richmond Street W?
708 - 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 708 - 505 Richmond Street W?
The listing puts the home between 500 and 599 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 708 - 505 Richmond Street W heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 708 - 505 Richmond Street W?
Property taxes are $2,707 a year (2026), or about $226 a month.
Are pets allowed at 708 - 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 708 - 505 Richmond Street W?
708 - 505 Richmond Street W is in the Waterfront Communities community of Toronto. The nearest main intersection is Richmond & Brant. The postal code is M5V 0P4.
Is 708 - 505 Richmond Street W still for sale?
Yes. It is an active listing (MLS® C13818048). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 708 - 505 Richmond Street W asking?
Similar condos for sale nearby right now include 631 - 505 Richmond Street W at $599,000 (1 bed), 423 - 505 Richmond Street W at $539,000 (1 bed) and 714 - 505 Richmond Street W at $839,900 (2 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 708 - 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 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: BOSLEY REAL ESTATE LTD.
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.