$ 880,000
424 - 505 Richmond Street W
424 - 505 Richmond Street W, Toronto, ON M5V0P4 Photo 1
38 Photos
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424 - 505 Richmond Street W, Toronto

Exceptional Loft Living at The Waterworks! This uber-cool suite is at one of King West's most coveted addresses. Suite 424 offers a rare combination of architectural character, sophisticated design, and an enviable downtown lifestyle. This bright two-bedroom, two full-bathroom suite comes with parking and a locker. One of only two floors in the building with soaring 10-foot ceilings, creating an impressive sense of volume and natural light. The highly efficient layout maximizes every square foot, with a seamless flow ideal for both everyday living and entertaining. The sophisticated kitchen features premium European appliances and a generous centre island. The primary suite offers two closets, including a walk-in, and a luxurious five-piece spa-inspired ensuite with signature Waterworks fixtures, a deep soaker tub, and a separate walk-in shower with a rain showerhead. Custom blackout blinds and sleek display shelving add comfort and style. A large south-facing balcony overlooks the landscaped courtyard and cityscape, while the newly redesigned St. Andrew's Playground Park enhances the setting. Residents enjoy a brand-new YMCA within the building and the vibrant Waterworks Food Hall, offering an exciting selection of cuisines made with fresh, local ingredients. World-class shopping, dining, entertainment, and transit are all at your doorstep. Recognized with the 2025 Toronto Urban Design Award in conjunction with St. Andrew's Playground Park, Waterworks is a landmark address celebrated for its architecture and community impact. This meticulously maintained, move-in-ready suite offers elevated loft living in the heart of King West. Sophisticated, stylish, and exceptionally located-an extraordinary opportunity at The Waterworks. (id:1945)
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Property details for 424 - 505 Richmond Street W, Toronto

Type
Apartment
Bedrooms
2
Bathrooms
2
Basement
None
Parking
Garage, Underground
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick
Ownership
Condo/Strata
Annual Taxes
$4,220
Condo Fee
$759 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 424 - 505 Richmond Street W

Active Listings
308
Min Price
$339,900
Max Price
$3,550,000
Avg Price
$850,665
Days on Market
62
days
Sold Listings
147
Min Sold Price
$497,000
Max Sold Price
$2,598,888
Avg Sold Price
$826,376
Days until Sold
56
days

Neighbourhood Census Data

Toronto, Ontario

Population
1,887
Median Age
34
Median Income
$57,088
Dwelling Value
$500,404

Housing Tenure

Owners 46%
Renters 54%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.5
Pop. Density: 12,775.9/km²
Avg Shelter Cost: $2,105/mo
Owners with Mortgage: 75%
Owners Spending 30%+: 36%
Tenants Spending 30%+: 45.3%
English only: 81.4%
English and French: 17.5%
Neither: 1.6%
Median Household Income: $77,397
Median Employment Income: $59,666

Price History

Listed
September 28, 2026
by CHESTNUT PARK REAL ESTATE LIMITED
Current Price
$880,000
Type
Apartment
For Sale
424 - 505 Richmond Street W

Contact Agent Get in touch about 424 - 505 Richmond Street W, Toronto

JEFF KNIGHT
CHESTNUT PARK REAL ESTATE LIMITED

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