1311 - 505 RICHMOND STREET W, Toronto (Waterfront Communities)

$16,500/mo

For rent: Apartment

Apartment at 1311 - 505 RICHMOND STREET W, Toronto (Waterfront Communities)
Property type
Co-op Apartment
Bedrooms / bathrooms
3 bedrooms, 3 bathrooms
Living area
2,749 sqft
MLS®
MLS® C13588462
Neighbourhood
Waterfront Communities C1

An extraordinary opportunity to lease one of Waterworks' most coveted residences, this fully furnished, custom-designed penthouse offers an exceptional combination of scale, sophistication, and panoramic city views.Spanning approximately 2,600 sq ft of impeccably designed interior living space, complemented by more than 700 sq ft of private terraces, this remarkable home showcases bespoke finishes and premium upgrades throughout. Floor-to-ceiling windows frame breathtaking views of Toronto's skyline from sunrise to sunset, capturing eastern, southern, and western exposures while flooding the residence with natural light. Designed for both elegant entertaining and comfortable daily living, the expansive open-concept living, dining, and kitchen areas flow seamlessly to three private terraces, including a rare outdoor lounge with a gas BBQ. The chef-inspired kitchen features integrated Miele appliances, custom cabinetry, an oversized island, and refined designer finishes. Privately positioned in its own wing, the primary suite offers a custom dressing room, spa-inspired ensuite, and direct terrace access. A generous second bedroom with a walk-in closet and ensuite bath, along with a separate den ideal for a home office, library, or media room, provides exceptional flexibility. Premium features include engineered hardwood flooring, custom millwork and built-ins, Lutron automated blinds, designer lighting, smart-home integration, Nest climate controls, and extensive bespoke enhancements. Residents enjoy access to Waterworks' exceptional amenities, including concierge service, fitness facilities, rooftop terrace, co-working spaces, the acclaimed Waterworks Food Hall, and a 65,000 sq ft YMCA. Ideally located in one of Toronto's most vibrant neighbourhoods, steps from acclaimed restaurants, cafes, parks, shopping, and cultural destinations, this is a rare opportunity to experience luxury rental living at its finest.

Sold data

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

Apartment homes in Toronto (Waterfront Communities) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 49, across 3,126 recorded sales.

The median sale price was $578,000.

Homes sold for about 3.2% 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
27
Median sale price
$578,000
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 3,126 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)

  • Cottinghamelementary, TorontoFraser rating 10.0/10
  • High Park Alternativeelementary, TorontoFraser rating 10.0/10
  • Northmountelementary, TorontoFraser rating 10.0/10
  • Sathya Saielementary, TorontoFraser rating 10.0/10
  • St Michael's Choirsecondary, TorontoFraser rating 10.0/10
  • St Sebastianelementary, TorontoFraser rating 10.0/10

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

Currently for sale

Homes for sale near 1311 - 505 RICHMOND STREET W