Condo for sale at 903-505 Richmond Street, Toronto, Ontario, M5V 0P4 - Waterfront Communities C1 - MLS: C12799898

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903-505 Richmond Street

Toronto, Ontario, M5V 0P4 - Waterfront Communities C1

$1,074,000

Virtual Tour

Neighbourhood

Waterfront Communities C1
Major Intersection

Brant St & Richmond St W

Listed Since: 1 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

1
Square Feet

700-799
Exposure

South East
Total Parking

1 Underground Garage
Maintenance

$759
Taxes

$4,441.58 (2025)
Balcony

Open

Property Description

Property description for 903-505 Richmond Street, Toronto

Perched above the city at 505 Richmond Street West, Residence 903 at Waterworks offers a rare blend of thoughtful design and elevated luxury, just steps from the vibrant energy of King West. This impeccably designed two-bedroom, one-bathroom suite showcases a highly functional layout, where every space feels intentional and effortlessly livable. The open-concept living and dining area flows seamlessly into a true chef's kitchen, complete with premium integrated appliances, and custom cabinetry, crafted for both everyday ease and elevated entertaining. Expansive windows flood the suite with natural light and frame captivating city views, including a stunning view of the iconic CN Tower. The overall effect is polished, sophisticated, and undeniably luxurious. With parking and a private locker included, this is refined downtown living at one of Toronto's most coveted addresses.

Listed by RARE REAL ESTATE

Property details

MLS #

C12799898
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City, Downtown
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Bike Storage,Community BBQ,Concierge,Gym,Party/Meeting Room,Rooftop Deck/Garden
Maintenance Fee Includes

Parking
Property Management

ICC Property Management Ltd.
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 #

C12799898
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City, Downtown
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Bike Storage,Community BBQ,Concierge,Gym,Party/Meeting Room,Rooftop Deck/Garden
Maintenance Fee Includes

Parking
Property Management

ICC Property Management Ltd.
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

Living

4.11 x 3.28 ft Main level

Combined W/Kitchen, Open Concept, W/O To Terrace
Kitchen

3.12 x 3.63 ft Main level

Combined W/Living, Backsplash, B/I Appliances
Primary

3.02 x 3.43 ft Main level

Large Closet, Large Window, 4 Pc Bath
Br

2.41 x 2.71 ft Main level

Glass Doors, Separate Rm
Bathroom

0.0 x 0.0 ft Main level

4 Pc Bath, Tile Floor, B/I Vanity

Contact Manoj Kukreja

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

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

Active listings

561

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.