Condo for sale at 1007-505 Richmond Street, Toronto, Waterfront Communities C1, M5V 0P4 - MLS: C12098431

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1007-505 Richmond Street

Toronto, Ontario, M5V 0P4

$1,449,000

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Neighbourhood

Waterfront Communities C1
Major Intersection

Richmond St W/Brant St

Listed Since: 15 day(s)
Last update: 6 day(s) ago

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Overview

Property Type

Comm Element Condo, Apartment
Bedrooms

2 + 1
Bathrooms

2
Square Feet

1000-1199
Exposure

West
Total Parking

1 Underground Garage
Maintenance

$939
Taxes

$5,528.18 (2024)
Balcony

Terr

Property description for 1007-505 Richmond Street, Toronto, Waterfront Communities C1, M5V 0P4

Live in Urban Luxury at Waterworks Condos Where Historic Charm Meets Contemporary Modern Design. Welcome To a Rare West-Facing, Split Floor Plan 2 Bedroom Plus Den, 2 Bathroom Suite Spanning Over 1000 SqFt, This Unit Offers Both Space And Sophistication In The Heart of King West. Step Into a Chef's Kitchen Featuring An Extra Large Island, Sleek Cabinetry, Integrated Appliances, Including a Wine Fridge, and Extra Pantry Storage. The Open-Concept Living and Dining Area is Flooded With Natural Light Through Expansive Floor To Ceiling Windows And 9-10' Ceilings. The Living Room Leads To a 151 Sq Ft Terrace Complete W A Water Source And Natural Gas Hook-Up, One Of The Few Units To Allow for Your Own Private BBQ. Spacious Primary Suite W Separate Den, His/Her Closets And Spa Like Ensuite Bath W Separate Shower & Bath. The Airy Second Bedroom Has Full Size Closet and Ample Windows. Loads of Storage in Both The Large Ensuite Laundry Room and Extremely Rare Locker Room (Not Cage) Approx 78 Sq Ft. Upgraded EV Parking Spot Included, Another Rare Find In Waterworks. Many Other Upgrades Including Window Coverings W Remote Controls, Custom Cabinetry In Closets, Upgraded Lighting, And Much More. Waterworks Offers Top-Tier Amenities Including: Rooftop Terrace With Lounge and BBQs, Fully Equipped Fitness Centre, Event and Co-working Spaces, Pet Friendly Spaces and Pet Spa, Concierge, Direct Access to a European-Style Food Hall and The Upcoming New YMCA. The Location Can't Be Beat: Steps from Queen West Shops, The Best of King Street Restaurants, Trinity Bellwoods Park, and The Financial District, This is Urban Living Redefined.

Listed by PSR

Property details

MLS #

C12098431
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

0-5
Basement

Other
View

City, Clear
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

Bbqs Allowed,Bike Storage,Concierge,Gym,Party/Meeting Room,Rooftop Deck/Garden
Maintenance Fee Includes

Parking
Property Management

ICC Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12098431
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

0-5
Basement

Other
View

City, Clear
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

Bbqs Allowed,Bike Storage,Concierge,Gym,Party/Meeting Room,Rooftop Deck/Garden
Maintenance Fee Includes

Parking
Property Management

ICC Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Laundry

1.6 x 1.4 ft Main level
Kitchen

3.6 x 2.3 ft Main level
Dining

4.5 x 2.7 ft Main level
Living

3.3 x 3.4 ft Main level
Primary

3.0 x 3.6 ft Main level
Office

3.4 x 2.1 ft Main level
2nd Br

2.9 x 3.3 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends

Active listings

905

Historical Average Selling Price of a Comm Element Condo in Waterfront Communities C1

Average Selling Price

3 years ago

$840,380

Average Selling Price

5 years ago

$707,179

Average Selling Price

10 years ago

$473,947

Change

-14%

Change

-42%

Number of Comm Element Condo Sold

April 2025

112

Last 3 Months

102

Last 12 Months

113

April 2024

158

Last 3 Months LY

147

Last 12 Months LY

129

Change

41%

Change

44%

Change

14%

How many days Comm Element Condo takes to sell (DOM)

April 2025

Last 3 Months

Last 12 Months

April 2024

Last 3 Months LY

Last 12 Months LY

Change

-25%

Change

-9%

Change

-18%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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