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Highlights

  • Pet Friendly

Location

505 Richmond Street West #718, Toronto, ON M5V 0P4, CA|Fashion District

Amenities for 505 Richmond Street West #718, Fashion District

Features

Air ConditioningBalcony
Central HeatHardwood Floor
High CeilingsWalk-in Closet

Appliances

DishwasherIn-Unit Laundry

Community

Cats OKDogs OK
Roof Deck

Grounds

Swimming Pool

Services

Concierge Service
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

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About 505 Richmond Street West #718

HomeApartments in TorontoFashion District 505 Richmond Street West #718, Toronto, ON M5V 0P4, CA

Finally! Your chance to live at the highly sought out Waterworks! This 1930s utility building converted into an elegant 13-storey boutique bldg designed by Diamond & Schmitt with lobby & amenities by Cecconi Simo sits conveniently between King and Queen West & is steps to downtown's finest dining & shopping. This rarely available, smart layout has a WALK-IN CLOSET!! + another second closet in the bedroom and a dreamy semi-ensuite bathroom. Welcome home! BONUS: Easy access to EVERYTHING! Especially inside the building itself: Beatrice Society, Lee Restaurant and the Waterworks Food Hall. Lovely concierges who know how to treat their residents like guests. Inclusions The amenities are fantastic: Two rooftop terraces with amazing views and lots of seating areas + BBQs. Gym, Gigantic stylish party room/meeting room/media room area. Included In Lease Building Insurance, Water, Common Elements


Lease Terms
1 year

Address details

NeighborhoodFashion District
Post codeM5V 0P4
TypeCondo for rent

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Rent trends in Fashion District

1-bedroom apartments at 505 Richmond Street West #718 cost about 7% less than the average rent price for 1-bedroom apartments in Fashion District.

Median rents as of Aug 15 2026.
Fashion District
Toronto
A table of 1-bedroom apartment rental data trends in Toronto
MonthMedian Rent
August 2024$2,375
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
December 2025$2,150
January 2026$2,149
February 2026$2,129
March 2026$2,102
April 2026$2,100
May 2026$2,099
June 2026$2,124
July 2026$2,111
August 2026$2,111
A table of 1-bedroom apartment rental data trends in Fashion District
MonthMedian Rent
August 2024$2,500
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$2,599
December 2025$2,612
January 2026$2,582
February 2026$2,483
March 2026$2,588
April 2026$2,598
May 2026$2,670
June 2026$2,686
July 2026$2,686
August 2026$2,686
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Internet available near 505 Richmond Street West #718

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 Street West #718

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 505 Richmond Street West #718, Toronto

Groceries

10/10
Exceptional variety of groceries within a few minutes' 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

10/10
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

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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