1213 - 505 RICHMOND STREET W, Toronto (Waterfront Communities)

$999,000

For sale: Apartment

Apartment at 1213 - 505 RICHMOND STREET W, Toronto (Waterfront Communities)
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
899 sqft
MLS®
MLS® C14092612
Neighbourhood
Waterfront Communities C1

An exceptional opportunity at Waterworks, one of King West's most architecturally distinctive addresses. This beautifully appointed two-bedroom, two-bathroom suite offers an expansive, thoughtfully designed layout and a rare 200 sq. ft. northwest-facing terrace with unobstructed city views, a BBQ gas line, and no neighbouring unit directly above. The result is an uncommon sense of openness, privacy, and natural light, both indoors and out.The generous open-concept living and dining areas flow seamlessly onto the terrace, creating an ideal setting for everyday living and entertaining. A sophisticated kitchen with premium European appliances and a large centre island anchors the space. The primary bedroom features double closets and a beautifully appointed ensuite, while the second bedroom is conveniently positioned adjacent to the second full bathroom, offering flexibility for guests, family, or a home office.Complete with parking featuring EV wiring and a separate locker, this suite delivers both style and practicality. Residents enjoy direct access to the Waterworks Food Hall and YMCA, with St. Andrew's Playground Park, some of Toronto's best restaurants, independent boutiques, and the energy of King West just steps away. A unique offering that combines contemporary design, exceptional outdoor space, and the convenience of downtown living.

Sold data

Apartment homes in Toronto (Waterfront Communities) — recent sold market

Apartment homes in Toronto (Waterfront Communities) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 2,790 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.

The median sale price was $562,495.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$562,495
Sale-to-list ratio
96.6%
Sold above asking
13%

Based on 2,790 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Waterfront Communities)

Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Waterfront Communities)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1213 - 505 RICHMOND STREET W