Looking for a condo for sale that suits your lifestyle and budget? Whether you’re a first-time buyer, investor, or downsizer, the Greater Toronto Area (GTA) offers a variety of condo options—from urban high-rises to boutique buildings in quiet neighbourhoods. Enjoy low-maintenance living, upscale amenities, and prime locations all in one place.

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623 505 Richmond Street W

Waterfront Communities C1 Toronto M5V 1Y3

$839,000

Residential Condo & Other beds: 2 baths: 1.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

C13045462

Bedrooms:

2

Bathrooms:

1

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Overlooking St. Andrew's Park in the iconic Waterworks Residences, this thoughtfully designed two-bedroom suite blends heritage character with modern living. Bathed in natural light through expansive floor-to-ceiling windows, the home opens seamlessly onto a large private balcony with east-facing sunrise views, creating an airy indoor-outdoor feel that lives far beyond its footprint.Nine-foot ceilings, integrated appliances, and a generous chef's island define the space, complemented by new flooring and designer-selected fixtures and upgrades. Residents enjoy access to a state-of-the-art YMCA, rooftop amenities, and a vibrant food hall - just steps from Queen West, King West, and the Financial District.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Approx. Age:

0-5

Total Approx Floor Area:

600-699

Exposure:

East

Bedrooms:

2

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

2

Kitchens Above Grade:

1

Rooms Above Grade:

5

Fractional Ownership:

No

Assignment:

No

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

6

Foundation:

Unknown

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

0.0

Parking Type:

None

Parking Spaces:

0

Total Parking Spaces:

0.0

Locker Number:

121

Locker Level:

p-4

Locker Unit:

121

Locker:

Owned

Family Room:

No

Possession Details:

Vacant

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$590.65

Maintenance fees include:

Building Insurance Included

Taxes:

$3,333.07 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C01

Listing Sub-Area:

Waterfront Communities C1

Property Features / Area Influences:

Public Transit, Rec./Commun.Centre, Park

Interior Features:

Built-In Oven, Carpet Free, Countertop Range, Separate Hydro Meter

Security Features:

Concierge/Security, Smoke Detector

Pets Permitted:

Yes-with Restrictions

Inclusions:

Integrated Fridge, B/I Cooktop, B/I Oven, Integrated B/I Dishwasher, Microwave, Stacked Washer & Dryer, Light fixture above kitchen island, Elfs included, Locker included.

Exterior Finish:

Concrete, Brick

Building Amenities:

Bike Storage, Community BBQ, Concierge, Exercise Room, Party Room/Meeting Room, Rooftop Deck/Garden

Room Information:

Floor

Type

Size

Other

Main

Primary Bedroom

19'1½"5.83 m × 9'11"3.02 m

4 Pc Ensuite, Carpet Free, Closet Organizers

Flat

Bedroom 2

9'7¾"2.94 m × 7'6½"2.30 m

Sliding Doors, Carpet Free, Pot Lights

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

Yes

4

5'11¼" x 9'4" 4 Pc Ensuite, Pocket Doors

Other Details:

Energy Certification:

No

Green Property Information Statement:

No

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

In-Suite Laundry

Laundry Level:

Main Level

Business Info:

Condo Corporation Number:

2874

Property Management Company:

ICC Property Management 416-366-7125

Building Name:

Waterworks

Listing Info:

Date Listed:

Apr 26, 2026

Original Price:

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Previous Price:

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Listed by RIGHT AT HOME REALTY

Data was last updated April 28, 2026 at 06:15 AM (UTC)

Area Statistics

Listings on market:

663

Avg list price:

$669,900

Min list price:

$349,900

Max list price:

$22,500,000

Avg days on market:

34

Min days on market:

1

Max days on market:

719

These statistics are generated based on the current listing's property type and located in Waterfront Communities C1. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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Top Features to Look for in a Condo For Sale

When buying a condo, it’s about more than just the unit. Consider the community, amenities, and investment potential. Here are some key highlights:

• Modern Layouts – Open-concept living with updated finishes and appliances
• Building Amenities – Fitness centres, rooftop terraces, party rooms, concierge services
• Transit Access – Close to TTC, GO stations, and major highways
• Affordable Entry Point – Lower price points than detached homes in the same area

Why Buying a Condo Makes Sense

A condo for sale offers excellent value for homebuyers looking for:

• Low Maintenance – No need to worry about yard work or exterior repairs
• Community Living – Shared spaces and secure entrances add to peace of mind
• Great for Investing – High rental demand in major urban centres
• Location Flexibility – Live near downtown cores, waterfronts, or suburban hubs

Maximizing Exposure for Your Condo

If you’re selling a condo, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the competitive real estate market. Our goal is to connect you with interested buyers efficiently, facilitating successful and profitable transactions.

Start Your Search for the Right Condo

From Toronto to Mississauga, Vaughan, North York, and beyond, explore the latest condos for sale in neighborhoods that match your lifestyle. Our listings are updated daily to help you find the perfect home quickly and confidently.

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Each link provides updated listings and expert insights.

FAQs – Condo For Sale

1. Are condos a good investment in the GTA?
Yes, condos typically appreciate well and offer excellent rental income in high-demand areas.

2. What’s included in condo maintenance fees?
Fees often cover amenities, building insurance, common area upkeep, and utilities like water or heat.

3. Can I get a mortgage for a condo?
Absolutely. Many lenders offer competitive condo mortgage options, just like other types of homes.

4. Do condos come with parking or storage?
Some units include parking or lockers; others offer them at an additional cost.