on Jun 12, 2025

$1,417,500 Sold Price

$1,449,000Asking Price

#1303 - 505 Richmond Street, Toronto, ON M5V 0P4 #1303

Fashion District, Toronto

Other
2
Bedrooms
2
Baths
1
Parking
Days on Market

Perched atop the award-winning Waterworks Building, this stunning penthouse-level corner suite offers over 1,000 square feet of meticulously designed interior space, paired with an expansive private terrace that captures the most unforgettable west-facing sunsets in the heart of King West. This intelligently designed split two-bedroom, two bathroom layout is anchored by soaring 10-foot ceilings and full-height west-facing windows in every principal room, flooding the space with natural light. Wide-plank hardwood flooring runs seamlessly throughout, complemented by custom lighting, elegant pot lights, and a sleek gas fireplace that creates an inviting ambiance for both entertaining and everyday living. The heart of the home is the chefs kitchen, centred around an oversized island with integrated wine fridge. Top-tier 30 appliances are seamlessly built in, while custom cabinetry and a pantry offer ample and refined storage solutions. The open-concept living and dining areas enjoy direct access to the private 320 square foot terrace, offering gas line for bbq, and sweeping views over treetops and the city beyond. The king-sized primary bedroom is a true retreat, complete with motorized blackout blinds, a walk-in closet outfitted with custom organizers, and a spa-inspired five-piece ensuite featuring a deep soaker tub and double vanity. The second bedroom, currently utilized as a home office, also features motorized blinds, dual closets, and easy access to a stylish three-piece bath, making it ideal for guests or shared living. Additional upgrades include custom millwork, custom lighting, automated window coverings throughout, and secure underground parking with EV charging capability. A full-size locker located on the same level as the parking space offers added convenience. With its unmatched layout, premium finishes, and a rare terrace oasis, this penthouse at Waterworks is a rare opportunity to enjoy sophisticated urban living.

Perched atop the award-winning Waterworks Building, this stunning penthouse-level corner suite offers over 1,000 square feet of meticulously designed interior space, paired with an expansive private terrace that captures the most unforgettable west-facing sunsets in the heart of King West. This intelligently designed split two-bedroom, two bathroom layout is anchored by soaring 10-foot ceilings and full-height west-facing windows in every principal room, flooding the space with natural light. Wide-plank hardwood flooring runs seamlessly throughout, complemented by custom lighting, elegant pot lights, and a sleek gas fireplace that creates an inviting ambiance for both entertaining and everyday living. The heart of the home is the chefs kitchen, centred around an oversized island with integrated wine fridge. Top-tier 30 appliances are seamlessly built in, while custom cabinetry and a pantry offer ample and refined storage solutions. The open-concept living and dining areas enjoy direct access to the private 320 square foot terrace, offering gas line for bbq, and sweeping views over treetops and the city beyond. The king-sized primary bedroom is a true retreat, complete with motorized blackout blinds, a walk-in closet outfitted with custom organizers, and a spa-inspired five-piece ensuite featuring a deep soaker tub and double vanity. The second bedroom, currently utilized as a home office, also features motorized blinds, dual closets, and easy access to a stylish three-piece bath, making it ideal for guests or shared living. Additional upgrades include custom millwork, custom lighting, automated window coverings throughout, and secure underground parking with EV charging capability. A full-size locker located on the same level as the parking space offers added convenience. With its unmatched layout, premium finishes, and a rare terrace oasis, this penthouse at Waterworks is a rare opportunity to enjoy sophisticated urban living.

Key Info

  • Apartment Other
  • 1 Parking
  • Richmond St W & Brant St
  • 1000-1199 Approximate Sq Feet
  • West Exposure
  • No Ensuite Laundry
  • Owned Locker #50
  • Forced Air Gas Heating
  • Central Air

Property

  • $923 Monthly Condo Fees
  • Includes: Water, Common Elements, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Cable TV, Central A/C
  • Amenities: Concierge, Gym, Pool, Roof Deck, Visitor Parking
  • Taxes were $6,494 in 2024
  • Possession: To be arranged

Details

  • Brick Exterior
  • Fireplace
  • 1 Kitchen
  •  
  • MLS #C12179943
  • CHESTNUT PARK REAL ESTATE LIMITED

Extras

Room Floor Dimensions Details
1 Kitchen Main 19.16' x 10.14' Centre Island, Built-in Appliances, Hardwood Floor
Washroom1 5-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

Fashion District, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 44.

Created with Highcharts 7.1.2Highcharts.com
BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

0.3

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

Created with Highcharts 7.1.2Highcharts.com

58% of residents are
single and loving it.

58% singles

Toronto (50%)
Gta (45%)

Renters

Created with Highcharts 7.1.2Highcharts.com

51% of residents
are renters.

51% renters

Toronto (47%)
Gta (33%)

Education

Created with Highcharts 7.1.2Highcharts.com

76% of residents are
university grads.

76% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$156K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

Business 21%
Management 18%
Sales 12%
Government 12%
Sciences 11%

Immigrants

Created with Highcharts 7.1.2Highcharts.com

25% of residents were
born outside of Canada.

25% immigrants

Toronto (48%)
Gta (45%)

Birthplace - All

China was once home to 2.0% of immigrants.
India 1.5%
Philippines 1.4%
UK 1.3%
USA 1.3%

2.0% from China
All-time

Birthplace - Recent

Iran was once home to 0.8% of immigrants.
China 0.8%
Other Eastern Africa 0.8%
India 0.6%
Philippines 0.5%

0.8% from Iran
Recent

Foreign Languages

Foreign Languages

French 3%
Cantonese 2%
Spanish 2%
Portuguese 1%
Persian 1%

Religions

Religions

Christian 48%
Jewish 5%
Buddhist 2%
Hindu 1%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)