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$1,399,000Asking Price

505 Richmond Street W 527, Toronto C01, ON M5V 0P4 #527

Fashion District, Toronto

Condo
2
Bedrooms
2
Baths
1
Parking
Days on Market

Award-winning Waterworks, a premier and highly sought-after condominium in the heart of Queen & Spadina, offers an exceptional combination of style, location, and lifestyle. Suite 527 is a bright two-bedroom corner suite featuring a highly efficient layout with no wasted space, ideal for both everyday living and entertaining. Southwest-facing windows provide natural light and frame stunning city views, creating a warm and inviting atmosphere throughout.The original owner invested approximately $50,000 in high-end upgrades, ensuring premium finishes and meticulous attention to detail. The spacious, well-appointed kitchen includes a pantry and large storage cabinet, perfect for organization. Additional storage is abundant, with a walk-in hall closet, while the private balcony overlooks the stunning, newly redesigned St. Andrews Playground Park. Waterworks offers an unbeatable lifestyle. Residents enjoy the convenience of a brand-new YMCA in the building, plus access to the vibrant Waterworks Food Hall, featuring fresh, local ingredients and a variety of cuisines just steps from your door. With world-class shopping, dining, and entertainment nearby, plus excellent transit connections, this location brings downtown Toronto to your doorstep. Meticulously maintained and move-in ready, this suite is part of a landmark building recognized with the 2025 Toronto Urban Design Award in conjunction with St. Andrews Playground Park, reflecting both outstanding architecture and a commitment to community.This suite presents a rare opportunity to live in a bright, fully upgraded, and elegant home in one of Toronto's most coveted buildings. Move in and enjoy the ultimate combination of comfort, convenience, and urban sophistication.

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Award-winning Waterworks, a premier and highly sought-after condominium in the heart of Queen & Spadina, offers an exceptional combination of style, location, and lifestyle. Suite 527 is a bright two-bedroom corner suite featuring a highly efficient layout with no wasted space, ideal for both everyday living and entertaining. Southwest-facing windows provide natural light and frame stunning city views, creating a warm and inviting atmosphere throughout.The original owner invested approximately $50,000 in high-end upgrades, ensuring premium finishes and meticulous attention to detail. The spacious, well-appointed kitchen includes a pantry and large storage cabinet, perfect for organization. Additional storage is abundant, with a walk-in hall closet, while the private balcony overlooks the stunning, newly redesigned St. Andrews Playground Park. Waterworks offers an unbeatable lifestyle. Residents enjoy the convenience of a brand-new YMCA in the building, plus access to the vibrant Waterworks Food Hall, featuring fresh, local ingredients and a variety of cuisines just steps from your door. With world-class shopping, dining, and entertainment nearby, plus excellent transit connections, this location brings downtown Toronto to your doorstep. Meticulously maintained and move-in ready, this suite is part of a landmark building recognized with the 2025 Toronto Urban Design Award in conjunction with St. Andrews Playground Park, reflecting both outstanding architecture and a commitment to community.This suite presents a rare opportunity to live in a bright, fully upgraded, and elegant home in one of Toronto's most coveted buildings. Move in and enjoy the ultimate combination of comfort, convenience, and urban sophistication.

Key Info

  • Apartment Condo
  • 1 Parking
  • Richmond/Brant
  • 1000-1199 Approximate Sq Feet
  • 0-5 Years Approximate Age
  • South-West Exposure
  • Open Balcony
  • Ensuite Laundry
  • Owned Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $936 Monthly Condo Fees
  • Includes: Heat, Central A/C, Common Elements, Building Insurance, Parking.
  • Excludes: Hydro, Water, Cable TV
  • Amenities: Concierge, Gym, Visitor Parking
  • Taxes were $6,145 in 2025
  • Possession: TBA

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #2874
  • Condo Registry Office: TSCC
  • MLS #C12770516
  • CHESTNUT PARK REAL ESTATE LIMITED

Extras

Room Floor Dimensions Details
1 Kitchen Main 13.42' x 12.83' Stone Counters, Centre Island, Pantry
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom on Main Floor

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.

Families

Kids Per Family

0.3

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

58% of residents are
single and loving it.

58% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

51% of residents
are renters.

51% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

76% of residents are
university grads.

76% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$156K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

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

Immigrants

25% of residents were
born outside of Canada.

25% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

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)