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5+ Days Ago

Location

708-505 Richmond St W #708, Toronto, ON M5V 0P4, CAN|Fashion District

Available rentals nearby

featured image of 320 Tweedsmuir Apts.

Forest Hill • 320 Tweedsmuir Apts.

1 Bed

$2,495–$2,600

featured image of 925 Bay St

Bay Street Corridor • 925 Bay St

1 Bed

$2,440–$3,045

featured image of 1603 Bathurst St

Forest Hill • 1603 Bathurst St

1 Bed

$2,100–$2,500

featured image of 50 John St

Entertainment District • 50 John St

1 Bed

$2,295–$2,700

featured image of 103 Avenue Rd

Yorkville • 103 Avenue Rd

1 Bed

$2,500

featured image of 149 St. George St

The Annex • 149 St. George St

1 Bed

$2,500

featured image of 66 Spadina Rd

The Annex • 66 Spadina Rd

1 Bed

$2,273–$2,302

featured image of 125 -125 Blue Jays Way

Entertainment District • 125 -125 Blue Jays Way

1 Bed

$2,600–$2,750

featured image of 320 Tweedsmuir Apts.

Forest Hill • 320 Tweedsmuir Apts.

1 Bed

$2,495–$2,600

featured image of 925 Bay St

Bay Street Corridor • 925 Bay St

1 Bed

$2,440–$3,045

featured image of 1603 Bathurst St

Forest Hill • 1603 Bathurst St

1 Bed

$2,100–$2,500

featured image of 50 John St

Entertainment District • 50 John St

1 Bed

$2,295–$2,700

featured image of 103 Avenue Rd

Yorkville • 103 Avenue Rd

1 Bed

$2,500

featured image of 149 St. George St

The Annex • 149 St. George St

1 Bed

$2,500

featured image of 66 Spadina Rd

The Annex • 66 Spadina Rd

1 Bed

$2,273–$2,302

featured image of 125 -125 Blue Jays Way

Entertainment District • 125 -125 Blue Jays Way

1 Bed

$2,600–$2,750

Rent trends in Fashion District

1-bedroom apartments at 505 Waterworks #708 cost about 0% more than the average rent price for 1-bedroom apartments in Toronto.

Median rents as of Nov 1 2025.
Fashion District
Toronto
A table of 1-bedroom apartment rental data trends in Toronto
MonthMedian Rent
November 2023$2,500
December 2023$2,488
January 2024$2,450
February 2024$2,450
March 2024$2,438
April 2024$2,400
May 2024$2,400
June 2024$2,399
July 2024$2,386
August 2024$2,384
September 2024$2,366
October 2024$2,347
November 2024$2,312
December 2024$2,300
January 2025$2,300
February 2025$2,303
March 2025$2,300
April 2025$2,281
May 2025$2,257
June 2025$2,242
July 2025$2,222
August 2025$2,200
September 2025$2,193
October 2025$2,171
November 2025$2,150
A table of 1-bedroom apartment rental data trends in Fashion District
MonthMedian Rent
November 2023$2,729
December 2023$2,644
January 2024$2,589
February 2024$2,499
March 2024$2,510
April 2024$2,545
May 2024$2,580
June 2024$2,509
July 2024$2,547
August 2024$2,510
September 2024$2,516
October 2024$2,506
November 2024$2,498
December 2024$2,499
January 2025$2,561
February 2025$2,573
March 2025$2,654
April 2025$2,620
May 2025$2,652
June 2025$2,661
July 2025$2,734
August 2025$2,756
September 2025$2,723
October 2025$2,657
November 2025$2,638

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 505 Waterworks, Toronto, ON.
5 months ago$2,650
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Internet available near 505 Waterworks #708

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 708-505 Richmond St W #708

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

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 708-505 Richmond St W #708, 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

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

9/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

9/10
Exceptional variety of bars right within a few minutes’ walk

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