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      37. 1 / 36

    401 - 505 Richmond Street W

    Queen West, Downtown, Toronto
    For RentWaterWorks Condos
    $5,000/mth
    2 Beds
    2 Bath
    1 Parking
    1,055 SQFT
    28 Days on Strata
    Est Lease Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South
    Locker:
    Owned
    Possession Date:
    Immediately
    Lease Term:
    1 Year
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning
    Water

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    Open Concept, Window Flr To Ceil, Combined with Br
    9.61 x 15.52ft
    Dining
    O/Looks Garden, Walkout To Balcony, Hardwood Floor
    8.2 x 10.04ft
    Kitchen
    Quartz Counter, Breakfast Bar, Stainless Steel Appliances
    8.1 x 17.19ft

    About this Listing

    Sought after Waterworks Residences! Welcome to your urban oasis in the heart King West. This stunning corner unit boasts a spacious 1055 sq.ft. of interior living area, complete with 2 bdrms & 2 baths. With soaring 10-foot ceilings, this urban retreat offers a sense of grandeur and tranquility. Enjoy the breathtaking South Forever Views of St. Andrews Park & the iconic CN Tower from your own private sanctuary. Step out onto the expansive covered terrace and immerse yourself in a lush tree-top view. The incredible amenities at your doorstep are perfect for hosting gatherings or meetings with a meeting/party room that transitions seamlessly to a beautiful rooftop terrace, providing the perfect backdrop for any occasion. The primary bdrm boasts a 5-piece ensuite with his & hers sinks & heated floor, his & hers closets with organizers, electronic blackout blinds, and floor-to-ceiling south-facing windows. Bdrm 2 with W/I closet wall-to-wall windows overlooking the rooftop terrace.

    ExtrasAssignment or Sublease available upon Landlords Approval. Home to the highly acclaimed Waterworks Food Hall

    harvey kalles real estate ltd.MLS® #C8208260

    Amenities

    Rooftop Deck
    Concierge
    Gym Room
    Indoor Parking
    BBQ
    Party Room

    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
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    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 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$682,000 - $729,000$780,000 - $790,000$790,000 - $2,350,000No Data
    Avg. Cost Per Sqft$1,159$1,080$1,460No Data
    Avg. Wait for Unit Availability119 Days376 Days81 Days408 Days
    Ratio of Units in Building37%9%50%5%

    Maintenance Fees

    WaterWorks Condos vs The Queen West Area

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