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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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505 Richmond Street W #631 Toronto C01
For SalePrice DropWaterworks in King West

505 Richmond Street W #631 Toronto C01, Condo Apartment for Sale

MLS® C14084244

King West, Toronto, ON

22 days on market
$599,000
Previously $630,000
Show on Map
Show on Map
1Beds
1Baths
N/ASqft
N/AParking
Pet Friendly
Condo Apartment

Overview· 505 Richmond Street W #631 Toronto

MLS® #C14084244

Experience sophisticated downtown living at the iconic Waterworks Residences! Located in the heart of Toronto's vibrant Fashion District, this stylish suite combines contemporary urban living with the charm of a beautifully restored heritage building. Enjoy an unbeatable location steps from St. Andrew's Playground, Waterworks Food Hall, Queen West, King West, The Well, trendy restaurants, cafés, shopping, and public transit. Exceptional building amenities include a concierge, fitness centre, party room, visitor parking, and bicycle storage. Includes a separate owned storage locker. An excellent opportunity for investors, first-time buyers, or anyone seeking a convenient downtown lifestyle in one of Toronto's most desirable neighbourhoods. Don't miss this opportunity!

Broker

HOMELIFE LANDMARK REALTY INC.

Building

Waterworks

505 Richmond Street3 for sale8 for rent

Neighbourhood

King West

Walk 100Avg $936KArea guide

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Walk Score®100Walker's ParadiseWalker's Paradise
Transit Score®100Rider's ParadiseRider's Paradise
Bike Score®99Biker's ParadiseBiker's Paradise
Schools9424 schools within 1.5 km · nearest 227 m24 schools within 1.5 km · nearest 227 m
Parks9213 parks within 1 km · nearest 262 m13 parks within 1 km · nearest 262 m
Convenience8341 groceries, cafes and pharmacies within 1 km · nearest 134 m41 groceries, cafes and pharmacies within 1 km · nearest 134 m
Safety14Safer than 14% of Toronto neighbourhoods (2025)Wellington Place: 2,202 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.
Pet Friendly100Pets are Welcome

Highlights & Amenities· 505 Richmond Street W #631 Toronto

Source: MLS® listing data
505 Richmond Street W #631 Toronto

Condo Apartment

505 Richmond Street W #631 Toronto

King West

Built

0-5

Type

Condo Apartment

Basement

None

Parking

Underground (0)

Property Tax

~$2,541/yr

Heating

Forced Air

Laundry

In-Suite Laundry

Buying Essentials

Maintenance Fee

$483/mo

Fee Includes

Building Insurance · Common Elements

Parking

Underground (0)

Locker

Owned · Level D · #163

Finances

List Price

$599,000

Property Tax

~$2,541/yr

Property Specs

Property Type

Condo Apartment

Age of Building

0-5

Exposure

South

Outdoor Space

Juliette

Basement

None

Living & Amenities

Laundry

In-Suite Laundry

Heating Type

Forced Air

Features

Built-In Oven

Policies & Utilities

Pets Allowed

Yes-with Restrictions

Neighbourhood

King West

Corp #

TSCC 2874

Property Manager

ICC Property Management

Listed On

Oct 15, 2026

Bike Storage

Concierge

Elevator

Visitor Parking

Shared Dock

Party Room/Meeting Room

Price & Listing History

Days on Market

Current: 22 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 505 Richmond Street W #631 Toronto.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$2,409/mo
Property Tax$212/mo
Total Monthly$2,621

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0