505 Richmond St W
1 / 17
MLS Restricted Listing
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Listing History
Unit Highlights
Off Market Listing
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Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Air Conditioning
Water
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Amenities
Concierge
Bike Storage
Rooftop Deck
Gym Room
BBQs Allowed
Party Room
Explore Neighbourhood
10/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
18,483
Average Individual Income
$71,628
Average Household Size
3 persons
Average Age
42
Average Household Income
$108,396
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
43%
Semi Detached
25%
Detached
24%
Low Rise Apartment
3%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
72%
Mandarin
13%
Cantonese
9%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
12%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
17%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
5%
Education
5%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Price Trends
Maintenance Fees
WaterWorks Condos vs The Queen West Area
Building Trends At WaterWorks Condos
Days on Strata
Units at WaterWorks Condos spend an average of
17
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Queen West
Turnover of Units
On average, each unit is owned for
4.7
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
10th
Highest price per SQFT out of 47 condos in the Queen West area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
39
Units were Rented over the past twelve months
Best Value Rank
WaterWorks Condos offers the best value out of 47 condos in the Queen West neighbourhood
?
Appreciation Rank
WaterWorks Condos has the highest ROI out of 47 condos in the Queen West neighbourhood
?
Rental Yield
WaterWorks Condos yields the highest rent prices out of 47 condos in the Queen West neighbourhood
?
High Demand
WaterWorks Condos is the most popular building out of 47 condos in the Queen West neighbourhood
?
Transaction Insights at 505 Richmond Street W
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $650,000 - $690,000 | $740,000 - $790,000 | $845,000 - $1,750,000 | No Data |
| Avg. Cost Per Sqft | $1,119 | $1,113 | $1,391 | No Data |
| Price Range | $2,300 - $3,200 | $2,900 - $3,350 | $3,100 - $6,000 | $14,000 |
| Avg. Wait for Unit Availability | 120 Days | 329 Days | 77 Days | 408 Days |
| Avg. Wait for Unit Availability | 20 Days | 77 Days | 22 Days | 240 Days |
| Ratio of Units in Building | 39% | 9% | 49% | 5% |
Transactions vs Inventory
Total number of units listed and leased in Queen West
