Condo for sale at 526-505 Richmond Street, Toronto, Ontario, M5V 1Y3 - Waterfront Communities C1 - MLS: C12447343

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526-505 Richmond Street

Toronto, Ontario, M5V 1Y3 - Waterfront Communities C1

$1,479,000

Virtual Tour

Neighbourhood

Waterfront Communities C1
Major Intersection

Richmond St W and Bathurst St

Listed Since: 4 day(s)
Last update: 1 day(s) ago

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

1000-1199
Exposure

South East
Total Parking

1 Underground Garage
Maintenance

$952
Taxes

$6,287.39 (2025)
Balcony

Open

Property Description

Property description for 526-505 Richmond Street, Toronto

Experience luxury living at its finest in this stunning two-bedroom, two-bathroom builder's corner suite, the first southeast exposure residence to come to market at the highly coveted Waterworks Residences. This 1,055 square foot urban sanctuary sits perched above the tree-covered expanse of St. Andrews Park, offering the perfect balance of privacy, natural light, and contemporary design. Thoughtfully upgraded throughout, the suite presents a seamless blend of sophistication and comfort, creating a rare opportunity within this landmark development. At the heart of the suite lies a custom-built nine-foot waterfall island with integrated wine fridge, complemented by premium Dekton countertops, full-height backsplash, and top-of-the-line 30-inch integrated appliances. Custom millwork cabinetry extends to a fully built-in pantry with concealed organizers, ensuring both function and refinement. Floor-to-ceiling windows frame lush park and skyline views, filling the open-concept living and dining area with light and warmth, an ideal setting for both quiet evenings and effortless entertaining. The king-sized primary suite features a spa-inspired four-piece ensuite with heated floors, stone vanity, and glass-enclosed shower, paired with an expansive walk-in closet fitted with custom organizers. The secondary bedroom enjoys morning light through its east-facing windows, his-and-hers closets, and access to a modern three-piece semi-ensuite. Complete with designer lighting, wide-plank flooring, motorized blinds, a smart thermostat with dual-zone HVAC, a premium Level 2 parking space, and an oversized private locker, Suite 526 combines elevated design, natural serenity, and urban convenience in one of Toronto's most celebrated architectural addresses.

Listed by CHESTNUT PARK REAL ESTATE LIMITED

Property details

MLS #

C12447343
Sq. Ft

1000-1199
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

Restrict
Exterior

Alum Siding
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Parking
Property Management

ICC Property Management 416-366-7125
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 #

C12447343
Sq. Ft

1000-1199
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

Restrict
Exterior

Alum Siding
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Parking
Property Management

ICC Property Management 416-366-7125
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

Foyer

0.0 x 0.0 ft Main level

Closet, Pot Lights, Laminate
Living

5.79 x 4.97 ft Main level

Window Flr to Ceil, W/O To Balcony, O/Looks Park
Dining

3.09 x 2.41 ft Main level

Window Flr to Ceil, East View, Laminate
Kitchen

5.79 x 4.97 ft Main level

Centre Island, B/I Appliances, Pantry
Primary

3.65 x 3.04 ft Main level

4 Pc Ensuite, W/I Closet, O/Looks Park
2nd Br

3.65 x 2.71 ft Main level

3 Pc Bath, Double Closet, East View

Contact Manoj Kukreja

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

Property History

Property history for 526-505 Richmond Street, Toronto

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

Active listings

755

Average Selling Price of a Condo Apt

September 2025

$704,430

Last 3 Months

$726,140

Last 12 Months

$761,470

September 2024

$784,206

Last 3 Months LY

$799,193

Last 12 Months LY

$778,664

Change

-10%

Change

-9%

Change

-2%

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

Average Selling Price

3 years ago

$861,260

Average Selling Price

5 years ago

$760,396

Average Selling Price

10 years ago

$466,892

Change

-18%

Change

-7%

Change

51%

Number of Condo Apt Sold

September 2025

129

Last 3 Months

121

Last 12 Months

112

September 2024

108

Last 3 Months LY

112

Last 12 Months LY

120

Change

19%

Change

-7%

How many days Condo Apt takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

15%

Change

18%

Change

19%

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.