$ 630,000

631 - 505 Richmond Street W, Toronto

Experience sophisticated downtown living at the iconic Waterworks Residences! Located in the heart of Toronto's vibrant Fashion District, this stylish suite combines contemporary urban living with the charm of a beautifully restored heritage building. Enjoy an unbeatable location steps from St. Andrew's Playground, Waterworks Food Hall, Queen West, King West, The Well, trendy restaurants, cafés, shopping, and public transit. Exceptional building amenities include a concierge, fitness centre, party room, visitor parking, and bicycle storage. Includes a separate owned storage locker. An excellent opportunity for investors, first-time buyers, or anyone seeking a convenient downtown lifestyle in one of Toronto's most desirable neighbourhoods. Don't miss this opportunity! (id:1945)
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Property details for 631 - 505 Richmond Street W, Toronto

Type
Apartment
Bedrooms
1
Bathrooms
1
Basement
None
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick
Ownership
Condo/Strata
Annual Taxes
$2,541 (2025)
Condo Fee
$483 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 631 - 505 Richmond Street W

Active Listings
300
Min Price
$1,550
Max Price
$1,299,000
Avg Price
$513,602
Days on Market
56
days
Sold Listings
122
Min Sold Price
$329,900
Max Sold Price
$349,000,000
Avg Sold Price
$3,366,019
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
October 15, 2026
by HOMELIFE LANDMARK REALTY INC.
Current Price
$630,000
Type
Apartment
For Sale
631 - 505 Richmond Street W

Contact Agent Get in touch about 631 - 505 Richmond Street W, Toronto

PEDRAM RAHBARAN
PEDRAM RAHBARAN
HOMELIFE LANDMARK REALTY INC.