505 Richmond Street, Unit 733, Toronto, ON

$4,095/mo
MLS#:C13752038
2 beds
2 baths
700-799 sqft
1.0 parking
Residential Condo & Other
Residential Condo & Other for sale - 2 Bed, 2 Bath Home at 505 Richmond Street Toronto ON listed at $4,095 (MLS# C13752038) - Main View
For Lease
Added:Sep 8, 2026(1 day ago)
Updated:Sep 8, 2026(1 day ago)
Last Checked:17 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $4,095 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Separate Hydro Meter, Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into this beautifully designed two-bedroom, two bathroom soft loft in one of Toronto's most dynamic neighbourhoods. Located in the boutique WaterWorks residence, this home perfectly blends modern luxury with industrial character. Thoughtfully curated by Ceconi Simone, every detail reflects sophisticated urban design. The open concept layout features smooth 9-foot ceilings, creating a clean, modern feel. The gourmet kitchen is outfitted with sleek cabinetry, premium integrated appliances, and a massive centre island ideal for both cooking and entertaining. The spacious primary suite with natural light is a private retreat with custom double closets and a spa- inspired four piece ensuite. The second bedroom, filled with natural light, offers flexibility for use as a second bedroom, workspace or both. Enjoy the outdoors on your oversized south facing terrace, offering vibrant city views and an abundance of sunlight. Waterworks is a highly sought-after building, perched above St. Andrew's dog park and next to the Ace Hotel. Residents enjoy high-end amenities including 24-hours concierge service, a rooftop terrace, stylish lounge, direct access to the world-class YMCA and celebrated WaterWorks Food Hall. One underground parking space and one locker included

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Property Summary

This condo apartment located at 505 Richmond Street, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $4,095 with an estimated mortgage of $14* per month. It has 2 beds, 2 bathrooms, and is 700-799 square feet. 505 Richmond Street, Toronto is in the Waterfront Communities C1 neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterfront Communities C1, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •700-799 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Price$4,095/mo
AddedSep 8, 2026 (1 day ago)
UpdatedSep 8, 2026 (1 day ago)
Last Checked17 minutes ago
Transaction TypeFor Lease
List Office NameRIGHT AT HOME REALTY

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyToronto

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Separate Hydro Meter
  • Storage Area Lockers

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Frequently Asked Questions about 505 Richmond Street, Unit 733, Toronto, ON

Q.What is the asking price for 505 Richmond Street, Unit 733, Toronto, ON ?

The current listing price for 505 Richmond Street, Unit 733, Toronto, ON in Waterfront Communities C1, Toronto is $4,095.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 700-799 sqft.

Q.What property type and architectural style is 505 Richmond Street, Unit 733, Toronto, ON ?

505 Richmond Street, Unit 733, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Separate Hydro Meter, Storage Area Lockers.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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505 Richmond Street, Unit 733, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Waterfront Communities C1, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–Ľ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 505 Richmond Street W 733, Toronto, ON M5V 1Y3

Estimated Sales Range
$4,000 - $4,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,229 (30.0%)
* Minimum Canadian down payment required for this price is $205.
Amortization Period30 Years
Estimated Monthly Payment$14Based on a loan of $2,866 over 30 years.
Purchase Price$4,095
Loan Amount$2,866
Provincial Land Transfer Tax:$20
Toronto Municipal Land Transfer Tax:$20
Total Estimated Closing Taxes:$41

About Purchasing a Home in Toronto, ON

For a property listed at $4,095 in Toronto, the legal minimum down payment is $205 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20 also applies, bringing the total estimated land transfer taxes to $41.

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Waterfront Communities C1, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$976,472

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Waterfront Communities C1, Toronto

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Waterfront Communities C1, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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