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5+ Days Ago
Location
505 Richmond St W, Toronto, ON M5V 0P4, CAN|Fashion District
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Floor plans
| 417 | 1 bed | 1 bath | 500 sqft |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Building details
Property details
| Lease terms | 12 months |
|---|
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About 505 Richmond (Waterworks)
Welcome Home to the Waterworks! 1930'S Heritage Toronto Public Utilities Building. Features An European Food Hall, Direct Access To Toronto's Newest YMCA & Revitalized St. Andrew's Park. TTC And All Newest Trendy Restaurants Within Walking Distance. Dynamic King West Neighbourhood.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 505 Richmond (Waterworks) compares to other nearby properties.
Positives
- Dishwasher
- Dishwasher available in kitchen
- Elevator
- Improved accessibility features
- Laundry available on site
- Washers and dryers are available in-building or in-unit
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Rent trends in Fashion District
Median rents as of Dec 13 2025.
Fashion District
Toronto
| Month | Median Rent |
|---|---|
| December 2023 | $2,000 |
| January 2024 | $1,999 |
| February 2024 | $1,988 |
| March 2024 | $1,980 |
| April 2024 | $1,959 |
| May 2024 | $1,983 |
| June 2024 | $1,990 |
| July 2024 | $1,955 |
| August 2024 | $1,948 |
| September 2024 | $1,907 |
| October 2024 | $1,898 |
| November 2024 | $1,899 |
| December 2024 | $1,899 |
| January 2025 | $1,887 |
| February 2025 | $1,853 |
| March 2025 | $1,862 |
| April 2025 | $1,856 |
| May 2025 | $1,842 |
| June 2025 | $1,806 |
| July 2025 | $1,800 |
| August 2025 | $1,800 |
| September 2025 | $1,799 |
| October 2025 | $1,798 |
| November 2025 | $1,768 |
| December 2025 | $1,751 |
| Month | Median Rent |
|---|---|
| December 2023 | $2,309 |
| January 2024 | $2,314 |
| February 2024 | $2,250 |
| March 2024 | $2,267 |
| April 2024 | $2,193 |
| May 2024 | $2,226 |
| June 2024 | $2,201 |
| July 2024 | $2,222 |
| August 2024 | $2,211 |
| September 2024 | $2,218 |
| October 2024 | $2,300 |
| November 2024 | $2,380 |
| December 2024 | $2,480 |
| January 2025 | $2,437 |
| February 2025 | $2,361 |
| March 2025 | $2,294 |
| April 2025 | $2,224 |
| May 2025 | $2,196 |
| June 2025 | $2,166 |
| July 2025 | $2,073 |
| August 2025 | $2,141 |
| September 2025 | $2,105 |
| October 2025 | $2,177 |
| November 2025 | $2,180 |
| December 2025 | $2,145 |
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Internet available near 505 Richmond (Waterworks)
Neighborhood
Fashion District | Toronto, ON
NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.
Getting around Toronto near 505 Richmond St W
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
3/10
Roads are accessible, but parking may be a challenge.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 505 Richmond St W, Toronto
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
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