For Sale

505 Richmond Street Unit# 527, Toronto C01, Ontario M5V 0P4

$1,399,000

505 Richmond Street Unit# 527, Toronto C01, Ontario M5V 0P4 is For Sale and has a listing price of 1,399,000. The property is located in the Toronto C01 . It's been on the website for 1 Day.

  • 2
    Bedrooms
  • 2
    Bathrooms
  • MLS ID: C12770516
  • Office Name CHESTNUT PARK REAL ESTATE LIMITED
Property Description

Award-winning Waterworks, a premier and highly sought-after condominium in the heart of Queen & Spadina, offers an exceptional combination of style, location, and lifestyle. Suite 527 is a bright two-bedroom corner suite featuring a highly efficient layout with no wasted space, ideal for both everyday living and entertaining. Southwest-facing windows provide natural light and frame stunning city views, creating a warm and inviting atmosphere throughout.The original owner invested over $100,000 in high-end upgrades, ensuring premium finishes and meticulous attention to detail. The spacious, well-appointed kitchen includes a pantry and large storage cabinet, perfect for organization. Additional storage is abundant, with a walk-in hall closet, while the private balcony overlooks the stunning, newly redesigned St. Andrews Playground Park. Waterworks offers an unbeatable lifestyle. Residents enjoy the convenience of a brand-new YMCA in the building, plus access to the vibrant Waterworks Food Hall, featuring fresh, local ingredients and a variety of cuisines just steps from your door. With world-class shopping, dining, and entertainment nearby, plus excellent transit connections, this location brings downtown Toronto to your doorstep. Meticulously maintained and move-in ready, this suite is part of a landmark building recognized with the 2025 Toronto Urban Design Award in conjunction with St. Andrews Playground Park, reflecting both outstanding architecture and a commitment to community.This suite presents a rare opportunity to live in a bright, fully upgraded, and elegant home in one of Toronto’s most coveted buildings. Move in and enjoy the ultimate combination of comfort, convenience, and urban sophistication.

Property Details
  • Bedrooms: 2
  • MLS ID: C12770516
  • Bathrooms: 2
  • Price: $1,399,000
  • Transaction Types: For Sale
  • Ref ID: C12770516
  • Year Built: N/A
  • Approx Sqft: 1000-1199
  • Dir / Cross St: Richmond/Brant
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 0-5
  • Property Type: Condo
  • Property Sub Category: Condo
Price History
List Date MLS ID List Price Status End Date Closed Price
02/09/2026 C12770516 $1,399,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C01
  • $954,660 Average List Price
    based on 1 year
  • 741 New Listings
    based on 30 days
  • 34 Median Days on Market
    based on 1 year
  • List vs. Selling Price 273.97 % Up
  • Sold (12mo) 739
  • Rented (12mo) 1,657

  • 1 Month Change +61.4%
  • 3 Month Change +101.5%
  • 6 Month Change +167.3%
Walkscore
Property Type Distribution
  • All Houses
    4.21%
  • Commercial
    4.01%
  • Condo
    91.78%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Apartment
  • Washroom Type1: 1
  • BuildingAmenities Visitor parking, Concierge, Gym, Bike storage
  • Garage Type Underground
  • Parking Spaces: N/A
  • Exterior Brick
  • Kitchen Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 1
  • Taxes: $6,146
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 09/02/2026 13:19:27
  • Laundry Access: Ensuite
  • Condo Registry Office: TSCC
  • Locker: Owned
  • Locker Level: B
  • Locker Unit: 41
  • Property Mgmt Co: ICC Property Management
  • Condo Corp#: 2874
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