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1029 - 505 Richmond Street W
For RentWaterWorks CondosEst Lease Timeframe 10 Days
$2,400/mth
Price Cut: $2,600
1 Bed
1 Bath
0 Parking
477 SQFT
86 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Juliet Balcony
Furnished:
No
Exposure:
South
Locker:
None
Possession Date:
February 12, 2024
Lease Term:
1 Year
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Air Conditioning
Building Maintenance
Building Insurance
Excluded
Hydro
Water
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Living
Hardwood Floor, Window Flr To Ceil, Juliette Balcony
13.75 x 10.43ft
Kitchen
Centre Island, Built-in Appliances, Combined with Dining
10.01 x 7.91ft
Dining
Combined with Kitchen
10.01 x 7.91ft
About this Listing
Professionally managed bright open concept south facing one bedroom. Amazing Location In King West, Right Above future Ymca And Future Food Hall set to open later this year. Bright South Facing 477Sqft With No Wasted Space. Timeless Finishes. Enjoy The Panoramic City Views From The Rooftop Terrace, the Ideal Set up For Entertaining. No Pets Preferred** **No Vaping**
ExtrasAll Appliances, Washer/ Dryer . Light Fixtures, window coverings. Will include a One Year Membership To The YMCA when completed.
re/max condos plus corporationMLS® #C8052936
Amenities
Rooftop Deck
Concierge
Bike Storage
BBQ
Party Room
Indoor Parking
Nearby Amenities
10/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
18,483
Average Individual Income
$71,628
Average Household Size
3 persons
Average Age
42
Average Household Income
$108,396
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
43%
Semi Detached
25%
Detached
24%
Low Rise Apartment
3%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
72%
Mandarin
13%
Cantonese
9%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
12%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
17%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
5%
Education
5%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Price Trends
Building Trends At WaterWorks Condos
Days on Strata
Units at WaterWorks Condos spend an average of
13
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
N/A
Property Value
-3%
Decrease in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 51 condos in the Queen West area
Sold Units
14
Units were Sold over the past twelve months
Rented Units
32
Units were Rented over the past twelve months
Best Value Rank
WaterWorks Condos offers the best value out of 51 condos in the Queen West neighbourhood
?
Appreciation Rank
WaterWorks Condos has the highest ROI out of 51 condos in the Queen West neighbourhood
?
Rental Yield
WaterWorks Condos yields the highest rent prices out of 51 condos in the Queen West neighbourhood
?
High Demand
WaterWorks Condos is the most popular building out of 51 condos in the Queen West neighbourhood
?
Transaction Insights at 505 Richmond Street W
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $682,000 - $729,000 | $780,000 - $790,000 | $790,000 - $2,350,000 | No Data |
| Avg. Cost Per Sqft | $1,159 | $1,080 | $1,460 | No Data |
| Price Range | $2,495 - $3,600 | $3,000 - $3,400 | $3,100 - $6,250 | $7,300 - $13,500 |
| Avg. Wait for Unit Availability | 119 Days | 376 Days | 81 Days | 408 Days |
| Avg. Wait for Unit Availability | 20 Days | 94 Days | 23 Days | 230 Days |
| Ratio of Units in Building | 37% | 9% | 50% | 5% |
Maintenance Fees
WaterWorks Condos vs The Queen West Area
