2 Beds • 2 Baths • 700 sqft
403 - 505 RICHMOND STREET W|Toronto (Waterfront Communities), Ontario M5V0P4, Toronto

Waterworks Condos and Residences
505 Richmond St W has 2 Condos for Sale & 4 Condos for Rent. 505 Richmond St W is located in Queen West, Toronto & has 290 Condos over 13 Storeys. View current & past Sales/Leases, Values & trends at 505 Richmond St W.
The modern 2‑bed condo spans 700 sq ft in Toronto’s sought‑after Waterfront Communities. Situated on a well‑maintained building, the unit enjoys a contemporary exterior with clean lines and a sleek façade. While the interior images focus on the front exterior, the overall condition suggests a recently updated property that blends style with practicality.
The condo’s interior layout includes two bedrooms and two bathrooms, providing ample space for comfortable living. Although the image analysis primarily captures the exterior, the modern aesthetic likely extends inside, with potential finishes that complement the building’s overall style. Prospective tenants can expect a functional kitchen and living area that align with the condo’s contemporary vibe.
Waterfront Communities boasts a Transit score of 82/100, reflecting excellent connectivity via nearby TTC routes and easy access to the waterfront promenade. The area also enjoys a Walkability score of 78/100, making daily errands, cafés, and parks conveniently reachable on foot. Residents benefit from vibrant waterfront activities while remaining close to downtown Toronto’s core.
A price analysis for this listing is available in the Price Insight section.
How well this listing matches different lifestyles
Who lives in this area, based on Statistics Canada census data.
Commute mode
Foot
36% commute by foot
Education
Bachelor degree
45.2% have completed bachelor degree
Household composition
Single person
57.9% of households are single person
Housing tenancy
Renters
58.4% of homes are renters

$3,400/mo
LPH09 - 543 RICHMOND STREET W, TORONTO (WATERFRONT COMMUNITIES), ON M5V 0W9

$3,890/mo
GPH05 - 8 WIDMER STREET, TORONTO (WATERFRONT COMMUNITIES), ON M5V 0W6

$3,350/mo
20 Blue Jays Way, Toronto, ON, M5V 3W6

$3,495/mo
901 - 478 KING STREET W|Toronto (Waterfront Communities), Ontario M5V1L7
How this compares to the 2-bed in Waterfront Communities average.
THIS LISTING
$4,500
NEIGHBOURHOOD AVG
$3,254
38.3% Above Average
Based on 579 comparable listings · Median $2,980