1303 - 505 Richmond Street

1303 - 505 Richmond Street
1303 - 505 Richmond Street
1303 - 505 Richmond Street
+32
2
 bed
2
 bath
1
 parking
1000 - 1199
 sqft
Condo Apt
$1,449,000
For Sale
3 days
 on site
$1,449,000
Click to open the pre-gallery to get the direction
Maintenance fees
$923.43
Locker
Owned
Exposure
W
Possession
Other
Price per sqft
$1,209 - $1,449
Taxes
$6,494.82 (2024)
Outdoor space
Balcony, Patio
Age of building
3 years old
See what's nearby
Description
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.
Broker: CHESTNUT PARK REAL ESTATE LIMITED
MLS®#: C12179943
Property details
Neighbourhood:
Parking:
Yes
Parking type:
Underground
Property type:
Condo Apt
Heating type:
Forced Air
Style:
Apartment
Ensuite laundry:
Yes
Corp #:
TSCC-2874
MLS Size:
1000-1199 sqft
Listed on:
May 28, 2025
Show all details
Rooms
NameSizeFeatures
Primary Bedroom
10.4 x 12.1 ft
Living Room
12.4 x 10.8 ft
Bedroom 2
9.6 x 11.0 ft
Show all
Instant estimate:
orto view instant estimate
$15,308
lower than listed price
i
High
$1,487,445
Mid
$1,433,692
Low
$1,373,643
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BBQ Permitted
Visitor Parking
Rooftop Deck
Outdoor Pool
Concierge
Gym

Included in Maintenance Fees

Parking
Water
Common Element
Building Insurance
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PROPERTY.CA INC.
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1/35
$1,425,000
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2BA
1 Parking
1,000-1,199 sqft
Maint. Fee $1,131
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1/25
$1,399,900
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1 Parking
1,000-1,199 sqft
Maint. Fee $1,395
MLS#: C12131954
PSR
24 days

About 1303 - 505 Richmond Street

Located at 1303 - 505 Richmond Street, this Toronto condo is available for sale. It has been listed at $1449000 since May 2025. This condo unit has 2 beds, 2 bathrooms and is 1000-1199 sqft. 1303 - 505 Richmond Street resides in the Toronto Queen West neighbourhood, and nearby areas include King West, Alexandra Park, CityPlace and Kensington Market.

Some good places to grab a bite are Tortilla Flats West, In the Mood RSTRNT-Jazz Lounge or Impact Kitchen. Venture a little further for a meal at one of Queen West neighbourhood's restaurants. If you love coffee, you're not too far from Java House located at 537 Queen St W. For those that love cooking, Loblaws is a short walk.

Transit riders take note, 505 Richmond St W, Toronto is not far to the closest public transit Bus Stop (Queen St West at Spadina Ave) with route Queen, and route Queen. If you need to get on the highway often from 505 Richmond St W, Gardiner Expressway and Rees St has both on and off ramps and is within a 4-minute drive.