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$16,500/mo
For LeaseNEW · Listed yesterday

505 Richmond Street West #1311, Toronto, ONM5V 0P4

Waterfront Communities C1
3
3
2,500–2,749 ft²
Co-op Apartment2 Parking
Listed by CHESTNUT PARK REAL ESTATE LIMITED

Property Information

Property TypeCo-op Apartment
Bedrooms3
Bathrooms3
Size2,500–2,749 ft²
BasementNone
Parking2 parking spaces · Underground
Days on Market2 Days
Listed DateJul 21, 2026
MLS® NumberC13588462

Listing History

Event
Date
Price
Listed
Jul 21, 2026
$16,500/mo

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Description

An extraordinary opportunity to lease one of Waterworks' most coveted residences, this fully furnished, custom-designed penthouse offers an exceptional combination of scale, sophistication, and panoramic city views. Spanning approximately 2,600 sq ft of impeccably designed interior living space, complemented by more than 700 sq ft of private terraces, this remarkable home showcases bespoke finishes and premium upgrades throughout. Floor-to-ceiling windows frame breathtaking views of Toronto's skyline from sunrise to sunset, capturing eastern, southern, and western exposures while flooding the residence with natural light. Designed for both elegant entertaining and comfortable daily living, the expansive open-concept living, dining, and kitchen areas flow seamlessly to three private terraces, including a rare outdoor lounge with a gas BBQ. The chef-inspired kitchen features integrated Miele appliances, custom cabinetry, an oversized island, and refined designer finishes. Privately positioned in its own wing, the primary suite offers a custom dressing room, spa-inspired ensuite, and direct terrace access. A generous second bedroom with a walk-in closet and ensuite bath, along with a separate den ideal for a home office, library, or media room, provides exceptional flexibility. Premium features include engineered hardwood flooring, custom millwork and built-ins, Lutron automated blinds, designer lighting, smart-home integration, Nest climate controls, and extensive bespoke enhancements. Residents enjoy access to Waterworks' exceptional amenities, including concierge service, fitness facilities, rooftop terrace, co-working spaces, the acclaimed Waterworks Food Hall, and a 65,000 sq ft YMCA. Ideally located in one of Toronto's most vibrant neighbourhoods, steps from acclaimed restaurants, cafes, parks, shopping, and cultural destinations, this is a rare opportunity to experience luxury rental living at its finest.

Location

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Schools Nearby

6 schools nearby
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Part of
WaterWorks Toronto
505 Richmond Street W
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About Waterfront Communities C1

View Waterfront Communities C1 on Market

Who lives here

A snapshot of this home’s immediate area — the census dissemination area it sits in.

42%
Homeowners
25%
Households with kids
$93,000
Median income
34
Median age
1.5
Avg. household size
73%
University degree
33%
Newcomers (immigrants)
Age profile2,262 residents
Under 206%
20–3449%
35–6439%
65+6%

StatCan 2021 Census · this home’s dissemination area (DA 35200870). Values are randomly rounded by Statistics Canada for privacy.

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Jul 21, 2026
Show data source & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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Leased & closed data

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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.