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Home · Buy · Toronto C01 · 505 Richmond Street W 725, Toronto, ON M5V 0P4
505 Richmond Street W 725, Toronto, ON M5V 0P4
505 Richmond Street W 725, Toronto, ON M5V 0P4
505 Richmond Street W 725, Toronto, ON M5V 0P4
505 Richmond Street W 725, Toronto, ON M5V 0P4
505 Richmond Street W 725, Toronto, ON M5V 0P4+ 17 photos
For Sale · Condo Apartment

505 Richmond Street W 725, Toronto, ON M5V 0P4

Toronto C01 · Waterfront Communities C1
ApartmentUnderground garageEast exposure
2
Beds
2
Baths
1
Parking
900-999
Sq ft
0-5 yrs
Built
The honest picture
List price
$1,240,000
Renavu Estimate
—
Benchmark · Condo Apt
$574,400
Listed 116% above the Waterfront Communities C1 benchmark for condo apt homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.

About this home

Welcome to Waterworks. Suite 725 offers 974 square feet of perfectly utilized interior space, plus a private balcony overlooking St. Andrew's Park. This bright, sun-filled 2-bedroom, 2-bathroom layout features zero wasted square footage, clean lines, and no awkward pillars. Floor-to-ceiling windows span the living area, framing unobstructed city views with a clear sight line to the CN Tower. The open-concept kitchen is loaded with integrated premium Miele appliances and built with a layout that actually works for hosting. Step outside onto the balcony to enjoy a quiet view right over the park canopy. Complete with 1 parking spot. Residents enjoy direct indoor access to the acclaimed Waterworks Food Hall and the on-site YMCA, with the absolute best of King and Queen West right outside your door.

Property details

Listed on
May 25, 2026
Days on market
60 days
Property tax
$5,278.61 (2025)
Style
Apartment
Heating
Forced Air
Cooling
Central Air
MLS®
C13169280

Full details

Parking
GarageUnderground
Total parking1
Parking featuresUnderground

Room dimensions

RoomLevelDimensionsFeatures
Living RoomFlat3.8 × 4.7Pot Lights, Window Floor to Ceiling, W/O To Balcony
Dining RoomFlat4.7 × 3.8Pot Lights, Combined w/Dining, Hardwood Floor
KitchenFlat4.7 × 3.8B/I Shelves, Granite Counters, Breakfast Bar
Primary BedroomFlat5.9 × 2.8Pot Lights, His and Hers Closets, 3 Pc Ensuite
Bedroom 2Flat2.9 × 3.1Pot Lights, Closet, Hardwood Floor

Property & sold history

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Historical sold prices are protected under TRREB rules — sign in to unlock (rolling out with our VOW access). No spam, ever.

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Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 8.0%
$
Down:or type any amount above
This price requires at least 8.0% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$21,275
Toronto municipal LTT$21,275
Legal · title · inspection$2,800
Closing costs$45,350
Down payment$99,000
Total cash to close$144,350
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$1,240,000
MLS® C13169280 · Listed by ROYAL LEPAGE SIGNATURE REALTY
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated May 25, 2026.

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