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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 #423 Toronto C01
For SaleWaterworks in King West

505 Richmond Street W #423 Toronto C01, Condo Apartment for Sale

MLS® C14144214

King West, Toronto, ON

5 days on market
$539,000
Show on Map
Show on Map
1Beds
1Baths
N/ASqft
N/AParking
Condo Apartment

Overview· 505 Richmond Street W #423 Toronto

MLS® #C14144214

Stylish and functional 1-bed, 1-bath open-concept layout featuring soaring 10-foot ceilings and a sleek linear kitchen complete with a built-in pantry, an oversized central island, and a breakfast bar. Step out from the bright living space directly onto your private balcony for seamless indoor-outdoor flow. Exceptionally designed with zero wasted space, featuring a convenient double closet at the entry, ensuite laundry, a dedicated bedroom with a custom closet, and the ultimate flexibility of parking options available to rent within the building. Experience the premier WaterWorks lifestyle with world-class amenities, the Food Hall, and the YMCA right at your doorstep! Ultimate convenience of parking options available to rent right within the building when needed.

Inclusions

Built-in fridge, cooktop, built-in oven, dishwasher, microwave; stacked washer and dryer; all existing electrical light fixtures and window coverings. Exceptional layout maximizing every square foot. Perfect for end-users or investors looking for a prime downtown asset. Status certificate available upon request.

Broker

VIP REALTY GROUP INC.

Building

Waterworks

505 Richmond Street3 for sale8 for rent

Neighbourhood

King West

Walk 100Avg $937KArea 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.

Highlights & Amenities· 505 Richmond Street W #423 Toronto

Source: MLS® listing data
505 Richmond Street W #423 Toronto

Condo Apartment

505 Richmond Street W #423 Toronto

King West

Built

0-5

Type

Condo Apartment

Basement

None

Parking

Underground (0)

Property Tax

~$2,432/yr

Heating

Forced Air

Laundry

Ensuite

Buying Essentials

Maintenance Fee

$472/mo

Fee Includes

Water · Common Elements · Building Insurance

Parking

Underground (0)

Locker

None

Finances

List Price

$539,000

Property Tax

~$2,432/yr

Property Specs

Property Type

Condo Apartment

Age of Building

0-5

Exposure

North

Outdoor Space

Open

Basement

None

Living & Amenities

Laundry

Ensuite

Heating Type

Forced Air

Features

Other

Policies & Utilities

Pets Allowed

No

Neighbourhood

King West

Corp #

Tscc 2874

Property Manager

ICC Property Management

Listed On

Nov 3, 2026

BBQs Allowed

Bike Storage

Concierge

Exercise Room

Party Room/Meeting Room

Recreation Room

Price & Listing History

Days on Market

Current: 5 days

0306090120+

Rooms

Bedroom(Main)

Closet, Window

—

Bathroom(Main)

4 Pc Bath

—

Laundry(Main)

—

Breakfast(Main)

Combined w/Dining, Combined w/Family, W/O To Balcony

—

RoomsDimensionsFeaturesSqft
Bedroom(Main)—Closet, Window—
Bathroom(Main)—4 Pc Bath—
Laundry(Main)———
Breakfast(Main)—Combined w/Dining, Combined w/Family, W/O To Balcony—

Rooms

4

Listed Room Area

—

Source

Estimated from MLS room dimensions

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Nearby Schools

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Mortgage Summary

Mortgage Payment$2,168/mo
Property Tax$203/mo
Total Monthly$2,371

Monthly Cash Flow (investors)

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Net Cash FlowN/A

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Cash required incl. down payment$0