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$1,295,000Asking Price

505 Richmond Street W 612, Toronto C01, ON M5V 0P4 #612

Fashion District, Toronto

Condo
2
Bedrooms
2
Baths
1
Parking
Day on Market

The Waterworks building, by now, hardly needs any introduction... impeccably built, award-winning, well run and vibrant. This particular suite began as a two-bedroom layout and has been thoughtfully converted into a one-bedroom, resulting in an extraordinary sense of space and flow. The simple edit elevates the home into something unique: a residence with sweeping skyline and charming city views, paired with a generous corner balcony that extends the living outdoors. With meticulously upgraded lighting, kitchen cabinetry and custom wardrobes, double layered window treatments all allow to personalize the level of lighting and privacy to one's mood. The Signature 1.5 bathroom is smartly laid out to provide privacy when entertaining or when there is more than one occupant in the household. The option to convert back to a two bedroom is available and can be easily done. Tasteful and beautiful local custom wood furniture combined with pieces from Danish design houses such as &Tradition and Audo (formerly Menu) can be all available for purchase. Vibrant Food Hall and patios, event spaces, flower shop, Susur Lee's restaurant, and now open YMCA with a pool, are right at the door. Surrounded by the Health and Wellness corridor and Ace hotel and many many more amenities, dining, shopping, and cultural experiences just beyond. Situated in one of downtown Toronto's most walkable neighbourhoods, this home offers an unmatched balance of privacy, community and connection to the city's best.The building, alone, has its own well equipped private gym, a stylish lounge/party room for private events, fantastic management and lively social events for residents. Also a spectacular rooftop with barbecues that hosts a summer cinema series.

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Tour this home:

The Waterworks building, by now, hardly needs any introduction... impeccably built, award-winning, well run and vibrant. This particular suite began as a two-bedroom layout and has been thoughtfully converted into a one-bedroom, resulting in an extraordinary sense of space and flow. The simple edit elevates the home into something unique: a residence with sweeping skyline and charming city views, paired with a generous corner balcony that extends the living outdoors. With meticulously upgraded lighting, kitchen cabinetry and custom wardrobes, double layered window treatments all allow to personalize the level of lighting and privacy to one's mood. The Signature 1.5 bathroom is smartly laid out to provide privacy when entertaining or when there is more than one occupant in the household. The option to convert back to a two bedroom is available and can be easily done. Tasteful and beautiful local custom wood furniture combined with pieces from Danish design houses such as &Tradition and Audo (formerly Menu) can be all available for purchase. Vibrant Food Hall and patios, event spaces, flower shop, Susur Lee's restaurant, and now open YMCA with a pool, are right at the door. Surrounded by the Health and Wellness corridor and Ace hotel and many many more amenities, dining, shopping, and cultural experiences just beyond. Situated in one of downtown Toronto's most walkable neighbourhoods, this home offers an unmatched balance of privacy, community and connection to the city's best.The building, alone, has its own well equipped private gym, a stylish lounge/party room for private events, fantastic management and lively social events for residents. Also a spectacular rooftop with barbecues that hosts a summer cinema series.

Key Info

  • Apartment Condo
  • 1 Parking
  • Richmond St and Spadina Ave
  • 800-899 Approximate Sq Feet
  • 0-5 Years Approximate Age
  • North-West Exposure
  • Open Balcony
  • No Ensuite Laundry
  • Owned Locker #134
  • Forced Air Gas Heating
  • Central Air

Property

  • $853 Monthly Condo Fees
  • Includes: Heat, Water, Central A/C, Common Elements, Building Insurance, Parking.
  • Excludes: Hydro, Cable TV
  • Amenities: Concierge, Gym, Roof Deck
  • Taxes were $5,192 in 2024

Details

  • Elevator
  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #2874
  • Condo Registry Office: TSCC
  • MLS #C12377272
  • ROYAL LEPAGE YOUR COMMUNITY REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 15.09' x 12.37' Open Concept, Balcony
2 Foyer Main 17.52' x 6.66' Closet, Combined with Laundry
3 Other Main 12.01' x 7.87'
Washroom1 3-Piece Bathroom
Washroom1 2-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)