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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® C13518692For SaleCondominium

505-330 Richmond St

Waterfront Communities C1, Toronto, Ontario M5V 0M4

Map
1 / 19
505-330 Richmond St, Toronto, photo 1
Asking$899,990
Bedrooms
2
Bathrooms
1
Size
800–899sq ft
Per sq ft
$1,059at the range’s middle
Tax a year
$4,5352026 tax year
Built
0-5
Parking
22 underground
Days on market
Members

The brief

About 505-330 Richmond St

505-330 Richmond St is a 2-bedroom, 1-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $899,990 (MLS® C13518692).

Entertainment District Living with Hotel-Like Amenities. A bright, south-facing 2-bedroom, 1-bathroom condo in the heart of Toronto's Entertainment District, developed by the Greenpark Group. At 836 sq ft, this 4th-floor suite at Richmond and Peter offers an open layout with ensuite laundry, central air, and a balcony - plus 2 owned underground parking spots and an owned locker.The building delivers a true hotel-like lifestyle: a rooftop sky lounge with outdoor pool, sun deck, fireplace lounges and community BBQ areas with panoramic city views, a fully equipped fitness centre with yoga/dance studio and saunas, a movie theatre room, games room with billiards, and a party room with a caterer's kitchen - all behind 24/7 concierge security.Location is the headline: a 100/100 Walk Score, steps to Queen Street West boutiques, close to Osgoode TTC station, a short walk to Loblaws, and surrounded by local favourites like Khao San Road and Dark Horse Espresso Bar. Currently tenanted - assume the tenants or take vacant possession, per the listing. Inclusions: all window coverings, all electric light fixtures, and all appliances.At a glance: 2 bed, 1 bath, 6 rooms, 836 sq ft (builder) South exposure Maintenance $974.24 Taxes $4,534.80 (2026) Pets permitted with restrictions Parking: 2 owned underground spots Locker: owned, #31

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$2,458/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 279 condos with 2 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,535 / 2026
MLS® number
C13518692
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
0-5
Days on market
Size
800-899 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: MARQUIS REAL ESTATE CORPORATIONData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Waterfront Communities C1
Municipality
Toronto

Building

Size
800-899 sqft
Building Age
0-5
Construction
Concrete

Inside

Bedrooms
2
Bathrooms
1
Bathroom Details
1 × 4pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Fan Coil

Additional

Fireplace
No
Den
No
Family room
No
Extras
all window coverings, all electric light fixtures, all appliances
Condo maint.
$974

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 505-330 Richmond St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$899,990N/AExtC13518692

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $179,998

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$179,998
Total mortgage amount
$719,992
Total interest payment
$511,808
Total purchase cost
$1,411,798
Mortgage payment
$4,106/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

68%

Monthly carrying cost

$5,458
−$2,458per month
  • Rent $3,000
  • Shortfall $2,458

Rental income opens at $3,000, the median asking rent of 279 comparable homes for lease in Waterfront Communities C1. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$14,475
Toronto municipal land transfer tax
$14,475
Total land transfer tax
$28,950
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$20,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $899,990
$10,000
Ontario total
$14,475

Toronto’s municipal tax uses the same brackets at this price, so it adds another $14,475.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Heritage and ravine protection

  • Not found on the Heritage Register
  • In the King-Spadina Heritage Conservation District, by-law 1111-2017
  • Not in the mapped ravine protection area

What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

By-law

See Former City of Toronto By-Law No. 438-86
Outside By-law 569-2013

What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.

City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

No building permits on file at this address.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 111 PETER STSite planUnder Review

    Site Plan Approval for a new 52-story residential tower atop of the existing 9-story office building with ground-floor retail. This design includes 852 residential units, 24 of which will be affordable rentals, while maintaining the existing office building.


    40 m away

  • 41 WIDMER STOfficial plan or zoning amendmentAppeal Received

    Zoning By-law Amendment application to permit a mixed-use development including two buildings, 37 and 42 storeys in height (131.0 metres and 145.2 metres, respectively, including mechanical penthouses). Proposed uses include two levels of retail, seven levels of office space, a daycare, the replacement of the existing movie theatre, an on-site publicly accessible privately owned open space and 693 residential units. The total gross floor area proposed is 80,334m2, consisting of 49,983m2 of residential floor area, and 30,351m2 of non-residential floor area. Two levels of below grade parking are proposed with 231 vehicle and 829 bicycle parking spaces. (Enacted as by-law 949-2022. Third-party appeal received.)


    90 m away

  • 41 WIDMER STPlan of subdivisionUnder Review


    90 m away

  • 59 WIDMER STOfficial plan or zoning amendmentAppeal Received

    Zoning By-law Amendment application to permit a mixed-use development including two buildings, 37 and 42 storeys in height (131.0 metres and 145.2 metres, respectively, including mechanical penthouses). Proposed uses include two levels of retail, seven levels of office space, a daycare, the replacement of the existing movie theatre, an on-site publicly accessible privately owned open space and 693 residential units. The total gross floor area proposed is 80,334m2, consisting of 49,983m2 of residential floor area, and 30,351m2 of non-residential floor area. Two levels of below grade parking are proposed with 231 vehicle and 829 bicycle parking spaces. (Enacted as by-law 949-2022. Third-party appeal received.)


    110 m away

  • 59 WIDMER STPlan of subdivisionUnder Review


    110 m away

  • 267 RICHMOND ST WOfficial plan or zoning amendmentAppeal Received

    Zoning By-law Amendment application to permit a mixed-use development including two buildings, 37 and 42 storeys in height (131.0 metres and 145.2 metres, respectively, including mechanical penthouses). Proposed uses include two levels of retail, seven levels of office space, a daycare, the replacement of the existing movie theatre, an on-site publicly accessible privately owned open space and 693 residential units. The total gross floor area proposed is 80,334m2, consisting of 49,983m2 of residential floor area, and 30,351m2 of non-residential floor area. Two levels of below grade parking are proposed with 231 vehicle and 829 bicycle parking spaces. (Enacted as by-law 949-2022. Third-party appeal received.)


    140 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Condos for sale in Waterfront Communities C1 right now

For sale now
632
Median asking price
$629K

Middle half: $539K to $838K

New in 7 days
66

249 in 28 days

Price cuts
21%

133 listings

This home is asking 43% above the median, higher than three quarters of them.

See all homes in Waterfront Communities C1

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Osgoode StationTTC subway: Line 1 Yonge-University600 m
St Andrew StationTTC subway: Line 1 Yonge-University600 m
St Patrick StationTTC subway: Line 1 Yonge-University850 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1 km
King StationTTC subway: Line 1 Yonge-University1.2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Ogden Junior Public SchoolToronto DSBPublic · grades JK–6350 m72%Grade 6 average
Ryerson Community School Junior SeniorToronto DSBPublic · grades JK–8 · French Immersion900 m52%Grade 6 average
Bishop Macdonell Catholic SchoolToronto CDSBCatholic · grades JK–8900 m84%Grade 6 average
École élémentaire Pierre-Elliott-TrudeauConseil scolaire ViamondeFrench-language public · grades JK–61.8 km94%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Heydon Park Secondary SchoolToronto DSBPublic · grades 9–12850 m8%Grade 9 math
Subway Academy IIToronto DSBPublic · grades 9–12950 m—
St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–121.4 km96%Grade 9 math
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–122.1 km86%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Sold prices in Waterfront Communities C1 are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record