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Photo of 714 - 505 RICHMOND STREET WFor sale23 photos
Photo of 714 - 505 RICHMOND STREET W
Photo of 714 - 505 RICHMOND STREET W
Photo of 714 - 505 RICHMOND STREET W
Photo of 714 - 505 RICHMOND STREET W
Photo of 714 - 505 RICHMOND STREET W
Photo of 714 - 505 RICHMOND STREET W

For sale

714 – 505 Richmond Street

714 - 505 RICHMOND STREET W

MLS® C14120760 · 0 days on market · Active

$839,900

Inquire about this property

About this property

Rare opportunity to own an exceptional residence in the iconic Waterworks Residences, where timeless heritage architecture meets sophisticated modern luxury. This beautifully appointed two-bedroom suite showcases elegant finishes, soaring 9-foot ceilings, and an abundance of natural light streaming through an impressive wall of floor-to-ceiling windows, creating a bright and inviting atmosphere throughout.Designed with both style and functionality in mind, the thoughtfully crafted open-concept layout flows effortlessly from room to room, maximizing both comfort and everyday living. The contemporary kitchen is a chef's dream, featuring integrated appliances, a generous centre island with ample workspace, and abundant counter space for cooking, entertaining, and gathering with family and friends. Step outside to your spacious private balcony-an ideal extension of your living space and the perfect setting to relax, unwind, or entertain while enjoying the vibrant downtown surroundings. Residents of Waterworks enjoy an unparalleled lifestyle with access to premium amenities, including a state-of-the-art YMCA fitness facility, spectacular rooftop amenities, and the renowned Waterworks Food Hall. Perfectly positioned in the heart of downtown Toronto, you're just steps from the boutiques, acclaimed restaurants, cafés, and nightlife of Queen West and King West, with the Financial District, transit, and countless urban conveniences only moments away. *Some Photos Have Been Virtually Staged* (id:67193)

Beds
2
Baths
2

Features & Amenities

Interior

Total bedrooms
2
Total bathrooms
2

Area & Lot

Status
For sale
MLS® ID
C14120760
Type
Condo
Ownership
Condominium
Neighbourhood
Waterfront Communities C1

Financial

Sale price
$839,900
Maintenance
$733/mo
Property taxes
$4,389

Kerrland Realty Group

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Monthly payment

$4,021

Principal borrowed
$709,217
Total interest over amortization
$496,932
CMHC insurance premium
$19,317
Down payment
$150,000 (17.9%)
Principal Interest

Not included

Property tax, condo maintenance fees and home insurance are paid separately and are not part of this payment. Budget for them alongside it.

CMHC premium schedule as of 2026-08-18. Estimate only — not financial advice. Actual payments, insurance premiums and approval depend on your lender.

Land Transfer Tax — pre-filled with this price.

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Toronto

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Listed by UNION CAPITAL REALTY. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

View this listing on REALTOR.ca®

This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.

Kerrland Realty Group

Strategic Guidance. Personalized Service. Proven Results

Kerrland Realty Group is committed to delivering a seamless and elevated real estate experience through local expertise, skilled negotiation, and tailored strategies designed around each client's unique goals.

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