505 Richmond Street W, Unit 631 — photo 1

For sale

This one's priced above recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Toronto · Toronto Region · Waterfront Communities C1

505 Richmond Street W, Unit 631

Condo Apartment

MLS® #C14084244

Listed for$630,0003 days on market

1 bed 1 bath 0 parking 0-499 sq ft~$2,525/sq ft

New this week
13 schools within 1 km
Streetcar ~100 m

Free · about 10 seconds

Is $630,000 a fair price?

Our read: it’s priced above recent comparable sales — based on 6 sales nearby. Sign in free to see exactly how far above it is, plus the full range comparable homes sold in.

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Measured against 6 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$3,627/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

13 schools within ~1 km · nearest streetcar ~0.1 km

Property information

What condo buyers ask first

Maintenance fee: $483 / month
Square footage: 0-499 sq ft
Parking: 0 spaces · Underground
Locker: Owned
Exposure: South
Balcony: Juliette
Property tax: $2,541 / yr
Building: 6-storey building · Ensuite laundry

Property summary

Property type: Condo Apartment
Style: Apartment
Approx. age: 0-5 years
Parking: 0 spaces · Underground
Heating: Forced Air
Air conditioning: Central Air
Basement: None
Kitchens: 1
Exterior: Brick
Property tax: $2,541 / yr
MLS®: C14084244

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$449,900

Below recent sales

140 Bathurst Street, Unit #505

1+1 bed · 1 bath·600-699 sq ft·1 parking·$764/mo fee

Toronto

Listed 2 days ago · RE/MAX Urban Toronto Team Realty Inc.

Semi-Detached

$1,299,000

Below recent sales

146 Wolseley Street

4+2 bed · 2 bath·1500-2000 sq ft·1 parking

Toronto

Listed 2 days ago · Homelife New World Realty Inc.

Condo Apartment

$488,000

Below recent sales

25 Telegram Mews, Unit 611

1+1 bed · 1 bath·600-699 sq ft·$387/mo fee

Toronto

Listed 1 day ago · RE/MAX Realtron Realty Inc.

Condo Apartment

$659,000

Above recent sales

36 Charlotte Street, Unit 702

1 bed · 1 bath·700-799 sq ft·1 parking·$927/mo fee

Toronto

Listed 2 days ago · Harvey Kalles Real Estate Ltd.

Condo Apartment

$499,999

Above recent sales

101 Peter Street, Unit 2910

1 bed · 1 bath·0-499 sq ft·$418/mo fee

Toronto

Listed 1 day ago · Homelife Landmark Realty Inc.

Listing states: renovated

Condo Apartment

$1,199,900

Above recent sales

470 Front Street W, Unit 1706

2 bed · 2 bath·900-999 sq ft·1 parking·$1,040/mo fee

Toronto

Listed 1 day ago · RE/MAX Realty Specialists Inc.

The numbers that matter

Maintenance fee: $483/mo
Property tax: $2,541/yr
Est. all-in: ~$3,627/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

ALPHA Alternative Junior SchoolPublic · Elementary · Toronto DSB0.2 km
Oasis Alternative Secondary SchoolPublic · Secondary · Toronto DSB0.2 km
Ogden Junior Public SchoolPublic · Elementary · Toronto DSB0.4 km
St Mary Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.5 km
Downtown Vocal Music Academy of TorontoPublic · Elementary & Secondary · Toronto DSB0.5 km
Ryerson Community School Junior SeniorPublic · Elementary & Secondary · Toronto DSB0.5 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Augusta AvenueNearest transit · Streetcar~100 m
University / Queen, Southwest EntranceNearest subway · Subway~1.1 km
Toronto Union StationNearest GO / rail · GO / regional rail~1.6 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto

$850KMedian sold

32Median days on market

98.6%Sale-to-list

Median sold price · Toronto1-yr 0% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Toronto

2,794,356Population (2021)

39.6Median age

$84,000Median household income

51.9%Home owners

48.1%Renters

2.4Avg household size

Source: Statistics Canada, 2021 Census

Description & details

Experience sophisticated downtown living at the iconic Waterworks Residences! Located in the heart of Toronto's vibrant Fashion District, this stylish suite combines contemporary urban living with the charm of a beautifully restored heritage building. Enjoy an unbeatable location steps from St. Andrew's Playground, Waterworks Food Hall, Queen West, King West, The Well, trendy restaurants, cafés, shopping, and public transit. Exceptional building amenities include a concierge, fitness centre, party room, visitor parking, and bicycle storage. Includes a separate owned storage locker. An excellent opportunity for investors, first-time buyers, or anyone seeking a convenient downtown lifestyle in one of Toronto's most desirable neighbourhoods. Don't miss this opportunity!

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by HOMELIFE LANDMARK REALTY INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.