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$839,900Asking Price

505 Richmond Street W 414, Toronto C01, ON M5V 0P4 #414

Fashion District, Toronto

Condo
1 + 1
Bedrooms
1
Bath
1
Parking
Day on Market

Set within the landmark Waterworks Residences, Suite 414 offers a serene urban retreat above St. Andrew's Park. This 1+1 bedroom, 1 bathroom layout combines just under 700 square feet of interior living with a 112 square-foot northwest-facing terrace, an elegant expression of downtown livability. Ten-foot ceilings, floor-to-ceiling windows, and motorized blinds draw natural light deep into the home, while lighter finishes enhance openness and flow. At its centre, a custom Cecconi Simone kitchen anchors the open-concept plan, featuring Dekton surfaces, full-height millwork, and integrated appliances that unite form and function with quiet precision. The primary bedroom is proportioned for comfort, offering his-and-hers closets and a three-piece semi-ensuite finished in stone and glass. The enclosed den, privately positioned near the entry, transitions naturally into a guest suite or workspace, reflecting the versatility of contemporary living.The northwest terrace extends the living space outdoors, ideal for late-day sun and evening gatherings. Additional features include in-suite laundry, one parking space, and a private locker, offering practical convenience within a refined setting.Residents enjoy access to a state-of-the-art YMCA with 25-metre pool and fitness centre, rooftop terraces, private dining and lounge spaces, and the celebrated Food Hall Toronto within the restored Great Hall. Moments from Queen West, Spadina, and the Financial Core, Suite 414 captures the balance of design, light, and heritage that defines Waterworks.

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Set within the landmark Waterworks Residences, Suite 414 offers a serene urban retreat above St. Andrew's Park. This 1+1 bedroom, 1 bathroom layout combines just under 700 square feet of interior living with a 112 square-foot northwest-facing terrace, an elegant expression of downtown livability. Ten-foot ceilings, floor-to-ceiling windows, and motorized blinds draw natural light deep into the home, while lighter finishes enhance openness and flow. At its centre, a custom Cecconi Simone kitchen anchors the open-concept plan, featuring Dekton surfaces, full-height millwork, and integrated appliances that unite form and function with quiet precision. The primary bedroom is proportioned for comfort, offering his-and-hers closets and a three-piece semi-ensuite finished in stone and glass. The enclosed den, privately positioned near the entry, transitions naturally into a guest suite or workspace, reflecting the versatility of contemporary living.The northwest terrace extends the living space outdoors, ideal for late-day sun and evening gatherings. Additional features include in-suite laundry, one parking space, and a private locker, offering practical convenience within a refined setting.Residents enjoy access to a state-of-the-art YMCA with 25-metre pool and fitness centre, rooftop terraces, private dining and lounge spaces, and the celebrated Food Hall Toronto within the restored Great Hall. Moments from Queen West, Spadina, and the Financial Core, Suite 414 captures the balance of design, light, and heritage that defines Waterworks.

Key Info

  • Apartment Condo
  • 1 Parking
  • Richmond St W / Spadina
  • 600-699 Approximate Sq Feet
  • North Exposure
  • Open Balcony
  • Ensuite Laundry
  • Owned Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $738 Monthly Condo Fees
  • Includes: Common Elements, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C
  • Amenities: Concierge, Gym, Rec Room, Roof Deck, Visitor Parking
  • Taxes were $3,798 in 2024
  • Possession: To be arranged

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #2874
  • Condo Registry Office: TSCC
  • MLS #C12522256
  • CHESTNUT PARK REAL ESTATE LIMITED

Extras

Room Floor Dimensions Details
1 Foyer Main 15.32' x 3.58' Pot Lights, Closet, Hardwood Floor
2 Kitchen Main 10.83' x 10.76' Centre Island, Built-in Appliances, Hardwood Floor
Washroom1 3-Piece Bathroom

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)