Home · Buy · Toronto C01 · 505 Richmond Street W 725, Toronto, ON M5V 0P4
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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
Room
Level
Dimensions
Features
Living Room
Flat
3.8 × 4.7
Pot Lights, Window Floor to Ceiling, W/O To Balcony
Dining Room
Flat
4.7 × 3.8
Pot Lights, Combined w/Dining, Hardwood Floor
Kitchen
Flat
4.7 × 3.8
B/I Shelves, Granite Counters, Breakfast Bar
Primary Bedroom
Flat
5.9 × 2.8
Pot Lights, His and Hers Closets, 3 Pc Ensuite
Bedroom 2
Flat
2.9 × 3.1
Pot Lights, Closet, Hardwood Floor
Property & sold history
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See this home's sale & listing history
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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.