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Condo Apartment for sale at 505 Richmond Street W, Toronto C01 - 2 bedroom, 2 bathroom - Photo 1 of 38
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Sold

$849,000

Unit 424 - 505 Richmond St W

Toronto C01, ON M5V 0P4

Unit 424 - 505 Richmond St W, Toronto C01 — Sold for $849,000. 2 bedroom, 2 bathroom Apartment Condo. MLS® C13834028.

2Beds
2Baths
700-799sqft
Condo
Apartment
1Parking
$4,220.21Taxes/yr · 2025
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Description

Exceptional Loft Living at The Waterworks! This uber-cool suite is at one of King West's most coveted addresses. Suite 424 offers a rare combination of architectural character, sophisticated design, and an enviable downtown lifestyle. This bright two-bedroom, two full-bathroom suite comes with parking and a locker. One of only two floors in the building, with soaring 10-foot ceilings, creating an impressive sense of volume and natural light. The highly efficient layout maximizes every square foot, with a seamless flow ideal for both everyday living and entertaining. The sophisticated kitchen features premium European appliances and a generous centre island. The primary suite offers two closets, including a walk-in, and a luxurious five-piece spa-inspired ensuite with signature Waterworks fixtures, a deep soaker tub, and a separate walk-in shower with a rain showerhead. Custom blackout blinds and sleek display shelving add comfort and style. A large south-facing balcony overlooks the landscaped courtyard and cityscape, while the newly redesigned St. Andrew's Playground Park enhances the setting. Residents enjoy a brand-new YMCA within the building and the vibrant Waterworks Food Hall, offering an exciting selection of cuisines made with fresh, local ingredients. World-class shopping, dining, entertainment, and transit are all at your doorstep. Recognized with the 2025 Toronto Urban Design Award in conjunction with St. Andrew's Playground Park, Waterworks is a landmark address celebrated for its architecture and community impact. This meticulously maintained, move-in-ready suite offers elevated loft living in the heart of King West. Sophisticated, stylish, and exceptionally located-an extraordinary opportunity at The Waterworks.

Property Details

Property TypeCondo Apartment
StyleApartment
CommunityWaterfront Communities C1
Rooms5
Kitchens1
Washrooms2
Square Feet700-799 sqft
Dir/Cross StPortland St & Richmond St W
ViewCity, Downtown, Park/Greenbelt, Trees/Woods
ExposureWest
Garage TypeUnderground
Garage Parking Spaces1
Total Parking Spaces1
ExteriorBrick
BasementNone
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
Taxes (2025)$4,220.21
Maintenance Fee$759.43/Monthly
HSTIncluded In
LockerOwned
SecurityCarbon Monoxide Detectors, Concierge/Security, Heat Detector, Smoke Detector
Listed Date9/28/2026
Days on Market45 days
PossessionTBA

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Listing Courtesy of: CHESTNUT PARK REAL ESTATE LIMITED

MLS® #C13834028

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: Unit 424 - 505 Richmond Street W

This condo apartment (Apartment) is located in the Waterfront Communities C1 neighbourhood of Toronto.

The home offers 2 bedrooms, 2 bathrooms.

Features include 1 parking space including a 1-car garage.

This property has been sold. Annual property taxes were $4,220.21 (2025). Sign in to view the sold price.

About Toronto Real Estate

This Condo Apartment in the Waterfront Communities C1 community in Toronto has been sold. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Condos in Toronto are popular with young professionals and downsizers seeking low-maintenance urban living with amenities. Reviewing sold prices in the area helps buyers and sellers understand current market values.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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