505 Richmond Street W

WaterWorks Condos is a Toronto condo located at 505 Richmond Street W in the Queen West neighbourhood. The condo was completed in 2020 and features 299 units over 13 storeys. Toronto condo for sale here range from 400 square feet, up to 2398 square feet.

This condo has an excellent Walk Score of 100 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees at 505 Richmond Street W are $1.10 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).

The average cost per-square-foot for a unit at 505 Richmond Street W is $1,197 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a low probability of receiving multiple offers.

Units at WaterWorks Condos spend 16 days on the market on average and usually sell for -1.59% below the listing price. In the last 12 months, 48 units have rented, and 11 have sold.

Living here means you’re just a 3-minute walk from Java House, Arepa Café TO and I Love Sushi, making it easy to dazzle your taste buds without much effort. If you’ve come to Queen West for the coffee, then you’re in the right place — as both Aroma Espresso Bar, Fahrenheit Coffee and CACAO 70 Eatery are just steps away.

Grocery pick-ups are made easy thanks to Winstons Grocery, Loblaws and Harrington Fine Foods within a 6-minute walk.

WaterWorks Condos is a great choice for residents who are money conscious — with banks like BMO Bank of Montreal nearby.

This condo is also situated within minutes of green spaces like St. Andrew's Market and Playground, St. Andrew's Off Leash Dog Park and Alex Wilson Parkette.

Enhance your personal style while living in the Queen West neighbourhood by visiting Shoppes on Queen West, Beam.city and Chinatown Centre.

Attractions like Graffiti Alley, The Richmond and Moniker Gallery are also nearby. CineCycle is just a short drive away for movie nights.

Enjoy the convenience of 505 Richmond Street W being 11 minutes away from ALPHA Alternative Junior School, Downtown Vocal Music Academy of Toronto and St. Mary Catholic Elementary School making school pick-up a breeze! This location is a great choice for families who are seeking top-notch educational institutions like E F High School Year, Oasis Alternative Secondary School and Apex Academy Online.

With a 100 walk score, public transit users can reach the nearest light transit stop at Richmond St w at Spadina Ave in just minutes. Those who live in the area can easily drive to Osgoode, just 2 minutes from the building.

Curious about similar condos in the area? Check out 500 Richmond Street W, 2 Augusta Avenue and 50 Camden Street — all within walking distance.