For Lease
Just Listed
505 Richmond Street W 1125 #1125
Waterfront Communities C1, Toronto, ON
$4,450
2Bd
2Ba
750+sqft
0Parking
$6/sqft
CondoMLS# C14119298Listed 2026-10-270 DOM
Cooling
Central Air
Just listed! New listings in Toronto often receive offers within the first week.
About this home
Iconic high-floor 2-bed, 2-bath unit at Waterworks. This premium 11th-floor split-bedroom layout features two separate, bright bedrooms with full-size doors for ultimate privacy. The open living space boasts completely unobstructed, sun-drenched south views. A contemporary chef's kitchen features integrated appliances, a generous island, and ample workspace. Step outside to a private 163 SF south-facing terrace with a rare gas hookup-perfect for grilling and entertaining. Enjoy an unparalleled lifestyle with the Waterworks Food Hall, YMCA, and the best of King/Queen West restaurants, cafés, shopping, and transit right at your doorstep. Includes a storage locker. Available December 1st.
Rooms
Other
| Living Room | 4.57 × 3.20 m | W/O To Terrace South View |
| Dining Room | 3.69 × 3.60 m | Centre Island B/I Appliances Pantry |
| Kitchen | 3.69 × 3.60 m | Centre Island B/I Appliances Pantry |
| Primary Bedroom | 4.23 × 2.74 m | 5 Pc Ensuite B/I Closet South View |
| Bedroom 2 | 3.08 × 2.44 m | Large Window Closet South View |
Features
- Built-In Oven
- Carpet Free
- None
- Central Air
- Apartment
Financials
Estimated Rental Income
Entire property$2,600 – $3,500/mo
Rental yield701.1% – 943.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market0 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Other rentals like this
Similar rentals in Toronto
Same property type, similar price, similar size — currently for rent.
For Lease3 months ago
$3,500
Condo
634 Church Street 4701 #4701, Church-Yonge Corridor
Toronto, ON
2+1 bd
2 ba
950
0
MLS# C13639004Re/Max Dash Realty
WhatsApp Aman
For Lease1 day ago
$3,790
Condo
55 Ontario Street 1308 #1308, Moss Park
Toronto, ON
3 bd
2 ba
1,100
1
MLS# C14118864Right At Home Realty
WhatsApp Aman
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
90
/ 100
Walk Score
Walker's Paradise
82
/ 100
Transit Score
Excellent Transit
73
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.