Parking - 505 Richmond Street W, Toronto, ON M5V 0P4
Waterfront Communities, Toronto · Near Richmond/Brant · View map
About this home
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
The home
- Type
- Parking space
- Bathrooms
- 0
- Level
- D
- Approximate age
- 0-5 years
Ownership & fees
- Ownership
- Freehold, with a share in common elements (POTL)
- POTL fee
- $75.00/mo
- Fee includes
- Building Insurance
- Complex
- Waterworks
- Property management
- ICC
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Driveway spaces
- 1
- Total parking
- 1
- Parking features
- Underground
Taxes & other
- Property taxes
- $1/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Richmond/Brant
- Neighbourhood
- Waterfront Communities
More
- MLS® number
- C13606810
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Included in the common-element (POTL) fee
- Building Insurance
- Mortgage
- Property tax
- POTL fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
505 Richmond Street, Toronto, ON M5V 0P4
Waterfront Communities, Toronto · Near Richmond/Brant
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Listing history for 505 Richmond Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about Parking - 505 Richmond Street W
Answers come straight from this home’s MLS® listing.
How much is Parking - 505 Richmond Street W listed for, and what would it cost each month?
Parking - 505 Richmond Street W is listed for $125,000. With 20% down ($25,000), the mortgage payment would be roughly $504 a month at 4.5% over 30 years. Add property tax and the common-element (POTL) fee and the estimate comes to about $579 a month, all in. That figure is an illustration, not a quote.
Is Parking - 505 Richmond Street W freehold or a condo, and is there a monthly fee?
Parking - 505 Richmond Street W is a parking space in Waterfront Communities, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, but the home is a parcel of tied land (POTL) with a common-element fee of $75.00 a month for shared parts of the complex, such as a private road, snow clearing and visitor parking. The listing says it covers building insurance.
Does Parking - 505 Richmond Street W have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. The driveway adds 1 space. In total the listing counts 1 parking space.
What style of home is Parking - 505 Richmond Street W?
Parking - 505 Richmond Street W is a parking space. A property that does not fit the usual home types.
What are the property taxes for Parking - 505 Richmond Street W?
Property taxes are $1 a year (2026), or about $0 a month.
Where is Parking - 505 Richmond Street W?
Parking - 505 Richmond Street W is in the Waterfront Communities community of Toronto. The nearest main intersection is Richmond/Brant. The postal code is M5V 0P4.
Is Parking - 505 Richmond Street W still for sale?
Yes. It is an active listing (MLS® C13606810). Listings here update from the board through the day and come down once a home sells.
What are similar properties near Parking - 505 Richmond Street W asking?
Similar properties for sale nearby right now include 423 - 505 Richmond Street W at $539,000 (1 bed), 631 - 505 Richmond Street W at $599,000 (1 bed) and 708 - 505 Richmond Street W at $635,000 (1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 505 Richmond Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at Parking - 505 Richmond Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the common-element (POTL) fee. For illustration only.