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$869,000Asking Price

#1201 - 505 Richmond Street, Toronto, ON M5V 0P4 #1

Fashion District, Toronto

Other
1 + 1
Bedrooms
1
Bath
1
Parking
Days on Market

Experience a Rare opportunity to own a coveted piece of Torontos history in the iconic Waterworks Building. Originally a 1930s utility building, this boutique condominium is perfectly positioned between King West and Queen West, just steps from the city's best dining, shopping, and amenities.This stunning unit offers ++Parking++, breathtaking city views including the CN Tower and an ultra-stylish lobby. The open-concept layout features a glass bedroom wall for enhanced natural light, a sleek modern kitchen with integrated appliances, a centre island, high ceilings, and pot lights. The spacious den with a sliding door is perfect as a home office or a small bedroom. Enjoy a private, south-facing balcony with stunning city views. This building also offers A rooftop terrace and garden, plus unbeatable access to Waterworks Food Hall and Toronto's finest restaurants, nightlife, parks, shopping, and entertainment.

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Experience a Rare opportunity to own a coveted piece of Torontos history in the iconic Waterworks Building. Originally a 1930s utility building, this boutique condominium is perfectly positioned between King West and Queen West, just steps from the city's best dining, shopping, and amenities.This stunning unit offers ++Parking++, breathtaking city views including the CN Tower and an ultra-stylish lobby. The open-concept layout features a glass bedroom wall for enhanced natural light, a sleek modern kitchen with integrated appliances, a centre island, high ceilings, and pot lights. The spacious den with a sliding door is perfect as a home office or a small bedroom. Enjoy a private, south-facing balcony with stunning city views. This building also offers A rooftop terrace and garden, plus unbeatable access to Waterworks Food Hall and Toronto's finest restaurants, nightlife, parks, shopping, and entertainment.

Key Info

  • Apartment Other
  • 1 Parking
  • Between Brant and Portland
  • 700-799 Approximate Sq Feet
  • 0-5 Years Approximate Age
  • South Exposure
  • Open Balcony
  • No Ensuite Laundry
  • No Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $711 Monthly Condo Fees
  • Includes: Common Elements, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C
  • Amenities: Concierge, Gym
  • Taxes were $3,650 in 2024
  • Possession: Now vacant and Flexible

Details

  • Elevator
  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • MLS #C12043425
  • ROYAL LEPAGE SIGNATURE REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Flat 10.50' x 10.17' Centre Island, Modern Kitchen
2 Den Flat 11.68' x 6.23' Sliding Doors
Washroom1 5-Piece Bathroom in Flat

Who lives here?

Fashion District, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 44.

Families

Kids Per Family

0.3

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

58% of residents are
single and loving it.

58% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

51% of residents
are renters.

51% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

76% of residents are
university grads.

76% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$156K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Business 21%
Management 18%
Sales 12%
Government 12%
Sciences 11%

Immigrants

25% of residents were
born outside of Canada.

25% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 2.0% of immigrants.
India 1.5%
Philippines 1.4%
UK 1.3%
USA 1.3%

2.0% from China
All-time

Birthplace - Recent

Iran was once home to 0.8% of immigrants.
China 0.8%
Other Eastern Africa 0.8%
India 0.6%
Philippines 0.5%

0.8% from Iran
Recent

Foreign Languages

Foreign Languages

French 3%
Cantonese 2%
Spanish 2%
Portuguese 1%
Persian 1%

Religions

Religions

Christian 48%
Jewish 5%
Buddhist 2%
Hindu 1%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)