Maintenance Fees
WaterWorks Condos vs The Queen West Area
for rent
5 Days on Strata
- Est Lease Timeframe:
- 33 Days
514 - 505 Richmond St W
$4,000/mth
2 Beds
2 Bath
1 Parking
900 SQFT
Price History
- Property Type:
- Condo
- Possession Date:
- Now
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- Balcony
- Laundry:
- Ensuite, Main
- Locker:
- Owned
- Exposure:
- North West
Amenities
BBQs Allowed
Concierge
Gym
Games Room
Guest Suites
Party Room
About this Listing
The Iconic Waterworks - one of Toronto's most talked-about addresses, a luxury, award-winning, beautifully built, and full of life. 2-bedroom, 2-bath, parking and a locker, walk-in closet, storage galore, a spacious laundry room with shelves, and a good-sized balcony. Living here means access to top-notch amenities: a well-equipped gym, pet spa, 24-hour concierge, co-working areas, a stylish lounge, and a rooftop terrace with BBQs, lounge space, and city views. The building also hosts fun community events, from summer movie nights to social gatherings. Right downstairs, you'll find the new European-style Food Hall with restaurants, bars, patios, and event space, plus the brand-new YMCA with a pool. Next door is St. Andrews Park, and just steps away are the Financial District, King West, Queen West, and some of the best dining, shopping, and culture in the city. Waterworks is more than a building - it is a lifestyle. The unit is also available without parking for $3700.
homelife eagle realty inc.MLS® #C12550752
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Not Included
- Air Conditioning
- Not Included
- Water
- Not Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 25.59 x 12.8ft
- hardwood floor, North View, Walkout To Terrace
- Dining
- 25.59 x 12.8ft
- hardwood floor, Centre Island, Walkout To Terrace
- Primary
- 12.47 x 10.83ft
- 4 Piece Ensuite, Closet Organizers, Walkout To Terrace
- 2nd Bedroom
- 12.8 x 9.51ft
- hardwood floor, Built-in Closet, Walk-in Closet
- Laundry
- 6.56 x 6.56ft
- Tile Floor, Built-in Shelves, Closet
- Kitchen
- 9.84 x 9.84ft
- hardwood floor, Built-in Appliances, Quartz Counter
- Foyer
- 5.91 x 5.91ft
- hardwood floor, Closet
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore Queen West
Map
10/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
18,483
Average Individual Income
$71,628
Average Household Size
3 persons
Average Age
42
Average Household Income
$108,396
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
43%
Semi Detached
25%
Detached
24%
Low Rise Apartment
3%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
72%
Mandarin
13%
Cantonese
9%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
12%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
17%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
5%
Education
5%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At WaterWorks Condos
Days on Strata
Units at WaterWorks Condos spend an average of
19
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Queen West
Turnover of Units
On average, each unit is owned for
5.2
YEARS before being sold againProperty Value
-1%
Decrease in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 53 condos in the Queen West area
Sold Units
10
Units were Sold over the past twelve months
Rented Units
56
Units were Rented over the past twelve months
Best Value Rank
WaterWorks Condos offers the best value out of 53 condos in the Queen West neighbourhood
?
Appreciation Rank
WaterWorks Condos has the highest ROI out of 53 condos in the Queen West neighbourhood
?
Rental Yield
WaterWorks Condos yields the highest rent prices out of 53 condos in the Queen West neighbourhood
?
High Demand
WaterWorks Condos is the most popular building out of 53 condos in the Queen West neighbourhood
?
Market Insights
Transaction Insights at WaterWorks Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $646,000 - $895,000 | No Data | $1,130,000 - $1,720,000 | $1,400,000 |
| Avg. Cost Per Sqft | $1,111 | No Data | $1,439 | $1,449 |
| Price Range | $2,250 - $3,625 | $2,595 - $4,400 | $2,995 - $6,200 | $6,200 - $6,800 |
| Avg. Wait for Unit Availability | 102 Days | 329 Days | 73 Days | 577 Days |
| Avg. Wait for Unit Availability | 19 Days | 59 Days | 18 Days | 228 Days |
| Ratio of Units in Building | 38% | 9% | 50% | 5% |
Market Inventory
Total number of units listed and leased in Queen West
