Parking-505 Richmond St
Waterfront Communities C1, Toronto, Ontario M5V 0P4
- 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 statedNo 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
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 Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $125,000 | N/A | Pc | C13606810 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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- 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
569-2013Municipality
Toronto1 x11
Site-specific exception 11: this site has rules of its own, written in the by-law.
2 Where this is written
Chapter 50, section 50.10 of By-law 569-2013 · Exception 900.12.10(11)
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. 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 away471 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 away49 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 away143 PORTLAND STCondominiumUnder Review
*** Draft Plan of Condominium for 129 units in a 16-storey building.
120 m away141 PORTLAND STCondominiumUnder Review
*** Draft Plan of Condominium for 129 units in a 16-storey building.
130 m away139 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
- New in 7 days
- 5
- Price cuts
- 15%
Middle half: $72K to $1.65M
13 in 28 days
11 listings
This home is asking 37% below the median.
See all homes in Waterfront Communities C1Asking 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
| Station | Lines | Distance |
|---|---|---|
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.1 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.2 km |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 1.2 km |
| Queen's Park Station | TTC subway: Line 1 Yonge-University | 1.6 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.6 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Ogden Junior Public SchoolToronto DSB | Public · grades JK–6 | 450 m | 72%Grade 6 average |
| St Mary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 450 m | 75%Grade 6 average |
| Ryerson Community School Junior SeniorToronto DSB | Public · grades JK–8 · French Immersion | 500 m | 52%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.3 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1 km | 8%Grade 9 math |
| Subway Academy IIToronto DSB | Public · grades 9–12 | 1 km | — |
| Msgr Fraser College (Southwest)Toronto CDSB | Catholic · grades 9–12 | 1.8 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.5 km | 86%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
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Recently sold nearby
Sold prices in Waterfront Communities C1 are shown to signed-in members.