For Sale

505 Richmond Street Unit# 612, Toronto C01, Ontario M5V 0P4

$1,295,000

505 Richmond Street Unit# 612, Toronto C01, Ontario M5V 0P4 is For Sale and has a listing price of 1,295,000. The property is located in the Toronto C01 . It's been on the website for 12 Days.

  • 2
    Bedrooms
  • 2
    Bathrooms
  • Underground
    Parking
  • MLS ID: C12377272
  • Office Name ROYAL LEPAGE YOUR COMMUNITY REALTY
Property Description

The Waterworks building, by now, hardly needs any introduction… impeccably built, award-winning, well run and vibrant. This particular suite began as a two-bedroom layout and has been thoughtfully converted into a one-bedroom, resulting in an extraordinary sense of space and flow. The simple edit elevates the home into something unique: a residence with sweeping skyline and charming city views, paired with a generous corner balcony that extends the living outdoors. With meticulously upgraded lighting, kitchen cabinetry and custom wardrobes, double layered window treatments all allow to personalize the level of lighting and privacy to one’s mood. The Signature 1.5 bathroom is smartly laid out to provide privacy when entertaining or when there is more than one occupant in the household. The option to convert back to a two bedroom is available and can be easily done. Tasteful and beautiful local custom wood furniture combined with pieces from Danish design houses such as &Tradition and Audo (formerly Menu) can be all available for purchase. Vibrant Food Hall and patios, event spaces, flower shop, Susur Lee’s restaurant, and now open YMCA with a pool, are right at the door. Surrounded by the Health and Wellness corridor and Ace hotel and many many more amenities, dining, shopping, and cultural experiences just beyond. Situated in one of downtown Toronto’s most walkable neighbourhoods, this home offers an unmatched balance of privacy, community and connection to the city’s best.The building, alone, has its own well equipped private gym, a stylish lounge/party room for private events, fantastic management and lively social events for residents. Also a spectacular rooftop with barbecues that hosts a summer cinema series.

Property Details
  • Property Type: Condo
  • Listing Type: For Sale
  • Listing ID: C12377272
  • Price: $1,295,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Ref ID: C12377272
  • Approx Sqft: 800-899
  • Dir / Cross St: Richmond St and Spadina Ave
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 0-5
  • Property Sub Category: Condo
Price History
List Date MLS ID List Price Status End Date Closed Price
09/03/2025 C12377272 $1,295,000 For Sale - -
07/05/2025 C12265697 $4,750 Cancelled 07/16/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C01
  • $951,998 Average List Price
    based on 1 year
  • 579 New Listings
    based on 30 days
  • 33 Median Days on Market
    based on 1 year
  • List vs. Selling Price 238.27 % Up
  • Sold (12mo) 750
  • Rented (12mo) 1,682

  • 1 Month Change +318.5%
  • 3 Month Change +114.2%
  • 6 Month Change -34.7%
Walkscore
Property Type Distribution
  • All Houses
    3.59%
  • Commercial
    3.91%
  • Condo
    92.5%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Apartment
  • Washroom Type1: 1
  • BuildingAmenities Exercise room, Concierge, Gym, Rooftop deck/garden, Bike storage
  • Garage Type Underground
  • Parking Spaces: N/A
  • Exterior Brick, Other
  • Kitchen Y
  • Parking Underground
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 2
  • Washrooms Type 2: 1
  • Taxes: $5,193
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 03/09/2025 15:09:36
  • Laundry Access: Ensuite
  • Condo Registry Office: TSCC
  • Locker: Owned
  • Locker #: 134
  • Locker Level: D (P4)
  • Locker Unit: 134
  • Property Mgmt Co: ICC
  • Condo Corp#: 2874
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