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MLS® C13606810For Saleother

Parking-505 Richmond St

Waterfront Communities C1, Toronto, Ontario M5V 0P4

Map
1 / 1
Parking-505 Richmond St, Toronto, photo 1
Asking$125,000
Tax a year
$12026 tax year
Built
0-5
Parking
11 underground
Days on market
Members

The brief

About Parking-505 Richmond St

Parking-505 Richmond St is a home in Waterfront Communities C1, Toronto, listed for sale at an asking price of $125,000 (MLS® C13606810).

Underground Parking with EV Rough-In at Waterworks. An owned underground parking spot for sale at Waterworks, 505 Richmond Street West, at Richmond and Brant in Toronto's Entertainment District. With EV rough-in already in place, this spot is ready for today's electric vehicles as well as tomorrow's.Please note: the buyer must be an owner of a unit in the building.At a glance: Underground, owned parking, 1 spot Level D, Spot 101 EV rough-in Maintenance $75 (per listing) Buyer must own a unit in the building

Insights

  • Condition Score

    Not stated

    No condition indicators were supplied

    Source: Listing record

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$1 / 2026
MLS® number
C13606810
Board
TRREB MLS®
Property Type
Parking Space
Building Age
0-5
Days on market
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: MARQUIS REAL ESTATE CORPORATIONData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Parking Space
Style
Other
Community
Waterfront Communities C1
Municipality
Toronto

Building

Building Age
0-5

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Additional

Condo maint.
$75

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for Parking-505 Richmond St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$125,000N/APcC13606810

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $25,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$25,000
Total mortgage amount
$100,000
Total interest payment
$71,300
Total purchase cost
$196,300
Mortgage payment
$571/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$646
−$646per month
  • Rent $0
  • Shortfall $646

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$975
Toronto municipal land transfer tax
$975
Total land transfer tax
$1,950
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$1,950
Total for first-time buyers
$0
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $125,000
$700
Ontario total
$975

Toronto’s municipal tax uses the same brackets at this price, so it adds another $975.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Heritage and ravine protection

  • Not found on the Heritage Register
  • In the King-Spadina Heritage Conservation District, by-law 1111-2017
  • Not in the mapped ravine protection area

What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

CRE (x11)

By-law

569-2013

Municipality

Toronto
Commercial Residential Employment zone (CRE)
  1. 1 x11

    Site-specific exception 11: this site has rules of its own, written in the by-law.

  2. 2 Where this is written

    Chapter 50, section 50.10 of By-law 569-2013 · Exception 900.12.10(11)

  3. 3 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

30 building permits cleared at this address in the City’s file.

  • Building Permit Related(PS)Permit Issued

    Plumbing - INTERIOR RENOVATION OF AN EXISTING EATING ESTABLISHMENT

    Issued October 21, 2026

  • Interior AlterationsPermit Issued

    INTERIOR RENOVATION OF AN EXISTING EATING ESTABLISHMENT- Interior tenant fit out of Kiosk #K-26 ONLY

    Issued September 29, 2026

  • Building Permit Related(PS)Inspection

    Plumbing - proposal for interior alterations for fit out within existing permitted multiple tenant food hall. First time occupancy. No change to GFA. no change to exterior odf building.

    Issued April 25, 2025

  • Interior AlterationsPermit Issued

    Nterior renovation for first time occupancy of 69.2sm area within permitted group 'a2' food hall; patron area with seating; pick-up and grab-and-go

    Issued April 7, 2025

  • Interior AlterationsInspection

    Proposal for interior alterations for fit out within existing permitted multiple tenant food hall. First time occupancy. No change to GFA. no change to exterior odf building.

    Issued April 3, 2025

  • Interior AlterationsClosed

    Proposal to remove some interior partitions and install opening for a new fire place

    Issued January 8, 2025

  • Interior AlterationsClosed

    Interior renovation for first time occpancy of 47.42sm area within permitted group 'a2' food hall; comprising bar serving beverages to the public and retail area; no change to occupant load of the food hall

    Issued August 21, 2024

  • Interior AlterationsPermit Issued

    Interior renovations for fit out within existing permitted multiple tenant food hall. First time occupancy

    Issued June 13, 2024

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 49-51 CAMDEN STSite planOMB Appeal

    Proposal for site plan approval related to a 130-room hotel consisting of 14 stories, with a mechanical penthouse included in the 12th and 14th story. The building provides total GFA as 7,796.8


    110 m away

  • 471 RICHMOND ST WSite planUnder Review

    Proposal for a hotel development containing a two storey podium which connects two tower elements with total heights of 19-storeys each tower along Richmond Street West and Camden Street.


    120 m away

  • 49 CAMDEN STSite planOMB Appeal

    Proposal for site plan approval related to a 130-room hotel consisting of 14 stories, with a mechanical penthouse included in the 12th and 14th story. The building provides total GFA as 7,796.8


    120 m away

  • 143 PORTLAND STCondominiumUnder Review

    *** Draft Plan of Condominium for 129 units in a 16-storey building.


    120 m away

  • 141 PORTLAND STCondominiumUnder Review

    *** Draft Plan of Condominium for 129 units in a 16-storey building.


    130 m away

  • 139 PORTLAND STCondominiumUnder Review

    *** Draft Plan of Condominium for 129 units in a 16-storey building.


    130 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Homes for sale in Waterfront Communities C1 right now

For sale now
75
Median asking price
$200K

Middle half: $75K to $1.65M

New in 7 days
5

13 in 28 days

Price cuts
13%

10 listings

This home is asking 37% below the median.

See all homes in Waterfront Communities C1

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Osgoode StationTTC subway: Line 1 Yonge-University1.1 km
St Andrew StationTTC subway: Line 1 Yonge-University1.2 km
St Patrick StationTTC subway: Line 1 Yonge-University1.2 km
Queen's Park StationTTC subway: Line 1 Yonge-University1.6 km
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1.6 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Ogden Junior Public SchoolToronto DSBPublic · grades JK–6450 m72%Grade 6 average
St Mary Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion450 m75%Grade 6 average
Ryerson Community School Junior SeniorToronto DSBPublic · grades JK–8 · French Immersion500 m52%Grade 6 average
École élémentaire Pierre-Elliott-TrudeauConseil scolaire ViamondeFrench-language public · grades JK–61.3 km94%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Heydon Park Secondary SchoolToronto DSBPublic · grades 9–121 km8%Grade 9 math
Subway Academy IIToronto DSBPublic · grades 9–121 km—
Msgr Fraser College (Southwest)Toronto CDSBCatholic · grades 9–121.8 km—
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–122.5 km86%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Waterfront Communities C1 are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson