Condo for sale at 505-533 Richmond Street, Toronto, Ontario, M5V 3Y1 - Waterfront Communities C1 - MLS: C12794642

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505-533 Richmond Street

Toronto, Ontario, M5V 3Y1 - Waterfront Communities C1

$765,000

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Neighbourhood

Waterfront Communities C1
Major Intersection

Richmond & Portland

Listed Since: 7 day(s)
Last update: 1 day(s) ago

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Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

1
Square Feet

800-899
Exposure

East
Total Parking

1 Underground Garage
Maintenance

$1,170
Taxes

$3,710.12 (2026)
Balcony

Open

Property Description

Property description for 505-533 Richmond Street, Toronto

Rare Upgraded and Well Maintained Queen West Loft with 9ft Concrete Ceilings, Massive L-Shaped Terrace with Gas BBQ Hookup, Floor-to-Ceiling Windows in a Boutique Mid-Rise. Forget the cookie-cutter high-rises. Unit 505 at 533 Richmond is a refined urban loft that actually makes sense. Every square foot of this functional layout is designed to be used, offering a vibe that is both industrial and high-end. With 9-foot exposed concrete ceilings and walls of glass, the space feels open and flooded with natural light. The interior is fully upgraded with hardwood floors, granite countertops, a gas range, and motorized blinds. It's move-in ready, freshly painted, and features a king-sized primary bedroom with custom closets. If you like to host, the open-concept layout easily fits a full dining table and bar seating, flowing naturally onto your oversized L-shaped terrace, a rare downtown perk for grilling and entertaining. Located in the heart of the Entertainment District, you're steps from Waterworks Food Hall, Ace Hotel, and the future Ontario Line station. This suite covers all the essentials, including underground parking and a locker. It's the perfect mix of style, function, and long-term investment upside.

Listed by PROPERTY.CA INC.

Property details

MLS #

C12794642
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Bbqs Allowed,Bike Storage
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Goldview Property Management - 416.630.1234
Heat

Heat Pump
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12794642
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Bbqs Allowed,Bike Storage
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Goldview Property Management - 416.630.1234
Heat

Heat Pump
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

3.5 x 3.11 ft Main level

Open Concept, Combined W/Dining, W/O To Balcony
Dining

3.24 x 1.79 ft Main level

Open Concept, Combined W/Living, hardwood floor
Kitchen

3.43 x 1.87 ft Main level

Open Concept, Stainless Steel Appl, hardwood floor
Primary

2.67 x 4.06 ft Main level

W/O To Balcony, Large Window, Large Closet
2nd Br

2.65 x 3.02 ft Main level

Large Closet, Sliding Doors, hardwood floor

Contact Manoj Kukreja

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

Property History

Property history for 505-533 Richmond Street, Toronto

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in Waterfront Communities C1

Active listings

572

Average Selling Price of a Condo Apt

January 2026

$662,041

Last 3 Months

$696,861

Last 12 Months

$749,024

January 2025

$699,075

Last 3 Months LY

$723,594

Last 12 Months LY

$775,200

Change

-5%

Change

-4%

Change

-3%

Historical Average Selling Price of a Condo Apt in Waterfront Communities C1

Average Selling Price

3 years ago

$758,028

Average Selling Price

5 years ago

$671,397

Average Selling Price

10 years ago

$486,913

Change

-13%

Change

-1%

Change

36%

How many days Condo Apt takes to sell (DOM)

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

12%

Average Selling price

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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.