Skip to content
647-619-2256 info@condoconnect.com
Condos for sale across Toronto, the GTA & Ontario
SwipeGet listings Swipe
For saleListed Jul 27MLS® C13609720

714 - 505 Richmond Street W, Toronto, ON M5V 0P4

Waterfront Communities, Toronto · Near Richmond St W / Brant St · View map

$839,900
2Beds
2Baths
800–899Sq ft
Condo ApartmentType
$733/moMaint. fee
NoneParking
OwnedLocker
$4,389/yrTaxes
Call / Text Will
$839,900
Locker includedExtra storage, owned
Open balconyYour own outdoor space
Heat includedCovered by the maintenance fee
Ensuite laundryWasher and dryer in the unit
Pets allowedWith building restrictions
Central airCool all summer

About this home

Rare opportunity to own an exceptional residence in the iconic Waterworks Residences, where timeless heritage architecture meets sophisticated modern luxury. This beautifully appointed two-bedroom suite showcases elegant finishes, soaring 9-foot ceilings, and an abundance of natural light streaming through an impressive wall of floor-to-ceiling windows, creating a bright and inviting atmosphere throughout.Designed with both style and functionality in mind, the thoughtfully crafted open-concept layout flows effortlessly from room to room, maximizing both comfort and everyday living. The contemporary kitchen is a chef's dream, featuring integrated appliances, a generous centre island with ample workspace, and abundant counter space for cooking, entertaining, and gathering with family and friends. Step outside to your spacious private balcony-an ideal extension of your living space and the perfect setting to relax, unwind, or entertain while enjoying the vibrant downtown surroundings. Residents of Waterworks enjoy an unparalleled lifestyle with access to premium amenities, including a state-of-the-art YMCA fitness facility, spectacular rooftop amenities, and the renowned Waterworks Food Hall. Perfectly positioned in the heart of downtown Toronto, you're just steps from the boutiques, acclaimed restaurants, cafés, and nightlife of Queen West and King West, with the Financial District, transit, and countless urban conveniences only moments away. *Some Photos Have Been Virtually Staged*

The home

Type
Condo Apartment
Square footage
800-899 sq ft
Bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
5
Floor
7th
Exposure
North
Balcony
Open
Laundry
Ensuite

Building & fees

Maintenance fee
$733.21/mo
Fee includes
Heat
Condo corporation
TSCP 2874
Property management
ICC Property Management 416-366-7125
Pets
Allowed, with restrictions
Locker
Owned
Exterior
Brick, Concrete Poured

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Parking

Parking spaces
None
Garage
Underground

Taxes & other

Property taxes
$4,389/yr
Tax year
2025
Occupancy
Vacant
Possession
1-29 days
Cross street
Richmond St W / Brant St
Neighbourhood
Waterfront Communities

More

Price per sq ft
~$988 (at 850 sq ft)
Listed
Jul 27, 2026 · 75 days ago
MLS® number
C13609720

Included in the maintenance fee

  • Heat

The unit and its surroundings

  • Carpet Free
Want to know something that isn’t listed?
Estimated monthly cost$4,487per month, all in
  • 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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    505 Richmond Street, Toronto, ON M5V 0P4

    Waterfront Communities, Toronto · Near Richmond St W / Brant St

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 505 Richmond Street

    See what this unit and others in the building 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 condo.

    Questions & answers

    Frequently asked questions about 714 - 505 Richmond Street W

    Answers come straight from this condo’s MLS® listing.

    How much is 714 - 505 Richmond Street W listed for?

    714 - 505 Richmond Street W is listed for $839,900. With 20% down ($167,980), the mortgage payment would be roughly $3,388 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.

    How many bedrooms and bathrooms does 714 - 505 Richmond Street W have?

    714 - 505 Richmond Street W has 2 bedrooms and 2 bathrooms.

    How big is 714 - 505 Richmond Street W?

    The listing puts the unit between 800 and 899 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.

    What type of home is 714 - 505 Richmond Street W?

    714 - 505 Richmond Street W is a condo apartment in Waterfront Communities, Toronto. The unit is on the 7th floor, facing north.

    What are the maintenance fees at 714 - 505 Richmond Street W, and what do they cover?

    The maintenance fee is $733.21 a month. The listing says it covers heat. Fees can change, so confirm the current amount in the status certificate.

    Does 714 - 505 Richmond Street W come with parking and a locker?

    The listing does not include a parking space. The locker is listed as owned.

    Are pets allowed at 714 - 505 Richmond Street W?

    Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.

    How is 714 - 505 Richmond Street W heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 714 - 505 Richmond Street W?

    Property taxes are $4,389 a year (2025), or about $366 a month.

    What neighbourhood is 714 - 505 Richmond Street W in?

    714 - 505 Richmond Street W is in the Waterfront Communities community of Toronto. The nearest main intersection is Richmond St W / Brant St. The postal code is M5V 0P4.

    Is 714 - 505 Richmond Street W still for sale?

    Yes. 714 - 505 Richmond Street W is an active listing (MLS® C13609720), on the market since July 27, 2026. Listings here update from the board through the day and come down once a condo sells.

    What have condos at 505 Richmond Street sold for?

    Recent sales, leases and expired listings for this unit and the rest of the building 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 714 - 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 condo and get an answer, usually within the hour.

    *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.

    Call
    © Condo Connect · Will Balo, Sales Representative · RE/MAX Experts
    Privacy Policy Terms of Use Sitemap Photo Credits
    Call Get listings