505 Richmond Street W, Unit 714 — photo 1For 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 714

Condo Apartment

MLS® #C14120760

Listed for$839,9001 day on market
2 bed 2 bath 0 parking 800-899 sq ft~$989/sq ft
  • New this week
  • 13 schools within 1 km
  • Streetcar ~100 m
Free · about 10 seconds

Is $839,900 a fair price?

Our read: it’s priced above recent comparable sales — based on 75 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 75 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~$5,007/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
$733 / month
Fee includes
Heat
Square footage
800-899 sq ft
Parking
0 spaces · Underground
Locker
Owned
Exposure
North
Balcony
Open
Property tax
$4,389 / yr
Building
7-storey building · Ensuite laundry

Property summary

Property type
Condo Apartment
Style
Apartment
Parking
0 spaces · Underground
Heating
Forced Air
Air conditioning
Central Air
Basement
None
Kitchens
1
Exterior
Brick, Concrete Poured
Property tax
$4,389 / yr
MLS®
C14120760

As stated by the MLS®, nothing inferred.

Nearby homes for sale

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

631 Richmond Street WSemi-Detached

$499,000

Below recent sales

631 Richmond Street W

3 bed · 1 bath·1100-1500 sq ft·1 parking

Toronto

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

20 Blue Jays Way, Unit 309Condo Apartment

$549,900

Below recent sales

20 Blue Jays Way, Unit 309

1+1 bed · 1 bath·700-799 sq ft·$602/mo fee

Toronto

Listed 2 days ago · RE/MAX Hallmark Bibby Group Realty

361 Front Street W, Unit 1501Condo Apartment

$479,500

Below recent sales

361 Front Street W, Unit 1501

1+1 bed · 1 bath·600-699 sq ft·$687/mo fee

Toronto

Listed 1 day ago · Keller Williams Referred Urban Realty

801 King Street, Unit 608Condo Apartment

$515,000

In line with recent sales

801 King Street, Unit 608

1+1 bed · 1 bath·600-699 sq ft·1 parking·$805/mo fee

Toronto

Listed 1 day ago · Homelife Frontier Realty Inc.

  • Listing states: renovated
123 Portland Street, Unit 409Condo Apartment

$599,000

Above recent sales

123 Portland Street, Unit 409

1+1 bed · 1 bath·600-699 sq ft·$754/mo fee

Toronto

Listed 1 day ago · Sutton Group-Admiral Realty Inc.

543 Richmond Street W, Unit 814Condo Apartment

$588,000

Above recent sales

543 Richmond Street W, Unit 814

1+1 bed · 1 bath·500-599 sq ft·$410/mo fee

Toronto

Listed 1 day ago · Homelife Landmark Realty Inc.

The numbers that matter
The numbers that matter
Maintenance fee
$733/mo
Property tax
$4,389/yr
Est. all-in
~$5,007/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
$845KMedian sold
32Median days on market
98.6%Sale-to-list
Median sold price · Toronto1-yr -1% · 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

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

Listed by UNION CAPITAL REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.