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              ON SALE NOW • SUBMIT A PURCHASE REQUEST.

              Waterworks Condos

              By MOD Developments Inc.
              505 Richmond St W Toronto
              Selling From
              Nov 2016
              Occupancy
              from $595,000 to over $2,075,000
              Average Income
              $77,397
              Population Age
              37 y/old
              School Score
              7.35/10
              Price Index Change 1y
              +0.22%
              Price Index Change 3y
              +20.40%
              Rent Index Change 1y
              -14.07%
              Rent Index Change 3y
              -4.87%

              Waterworks Condos

              Waterworks Condos is on sale since Nov 05, 2016.

              Follow this project for the time-sensitive updates on prices, floor plans, new allocations and assignments.

              Selling From: Nov 05, 2016
              First Occupancy: Winter/Spring 2021
              Suites Price Range from $595,000 to over $2,075,000
              Suites Size Range 477 - 1433 sq ft
              Price PSF From $1377 per SqFt
              Storeys: 13
              Units: 299
              Parking Details: $95,000.00
              Locker Details: $10,000.00
              Maintenance Fee: $0.52 Per SqFt per Month
              Floor Plans 7
              Ceiling Heights From 9'0" to 10'0"
              Property Tax 0.75% of the price / year
              Deposit Total, pct: 25%
              Deposit Structure: $5,000 With Agreement For Models A/b/c/d/e Or
              $10,000 With Agreement For Models F/g/h/j/k
              Balance To 10% In 60 Days,
              5% In 180 Days,
              (6 Months)
              5% In 270 Days,
              (9 Months)
              5% On Occupancy
              Amenities 24/7 Concierge Service, Library, YMCA, Food Hall, Gallery, Rooftop Terrace
              Last Updated: 2021-04-17
              Waterworks Condos Overview
              In the street lexicon of downtown west, this is way beyond cool. The evolution of a 1930’s industrial icon into brash city condos, Toronto’s newest YMCA, a park and a fabulous Food Hall crafted from the voluminous space once occupied by machinery and equipment that kept Toronto’s water running pure and clear. This is Waterworks.

              Source: WaterWorks Toronto
              Waterworks Condos Project Details

              No detailed information is available at the moment.

              Follow this project for the time-sensitive updates on prices, floor plans and allocations.

              Waterworks Condos Project Features
              THE SUITES
              A wide variety of unit types and sizes, designed by Cecconi Simone. Ceiling heights on
              floors 5 to 12 will be approximately 9’0” to underside of slab less 3” to allow for LED
              potlights. Ceilings on floors 4 and 13 will be approximately 10’0”.
              Potlights in suites as follows:
              • Four pot-lights in living room
              • Three pot-lights above kitchen island
              • Four pot-lights in dens (where applicable)
              • Four pot-lights in master bedroom
              • Four pot-lights in 2nd and 3rd bedrooms (in two and three bedroom suites)
              All ceilings will be smooth-finished. All quoted ceiling heights are exclusive of bulkheads
              required for mechanical purposes such as kitchen and bathroom exhausts, heating and
              cooling ducts, piping and sprinklers.
              Choice of pre-finished engineered laminate flooring in living/dining, kitchen, bedroom
              and den areas as per builder’s samples.
              Solid-core entry door with security view-hole.
              Sliding doors and/or swing doors to balcony or terrace as per plans.
              Baseboards, door frames and casings selected by Cecconi Simone.
              Insulated, double-glazed windows.
              Washer/dryers with exterior venting in all suites as per plans.
              Gas connections to terraces and balconies on floors 10 and above.

              THE KITCHENS
              Contemporary kitchen cabinetry custom-designed by Cecconi Simone in a variety of
              materials and colours as per builder’s samples.
              Integrated LED lighting in upper cabinetry.
              European-style appliances including an integrated refrigerator, electric cooktop, stainless
              steel oven, hood-fan, integrated dishwasher and free-standing microwave.
              Choice of composite stone countertop and backsplash as per builder’s samples.
              Pantries as per plan or pantry with open metal shelves as per plan.

              THE BATHROOM
              Vanity with integrated storage custom-designed by Cecconi Simone.
              Mirror and storage cabinet above vanity (master bathrooms only) custom-designed by Cecconi Simone.
              Composite stone countertop with under-mounted porcelain sink.
              Choice of porcelain tiles on floor and wall of tub/shower enclosure as per builder’s samples.
              White plumbing fixtures.
              Soaker tub as per plans.
              Exhaust vented to exterior.
              Pressure balance valve in showers.

              THE TECHNOLOGY
              Emergency voice communications systems, smoke/carbon monoxide detector where applicable in each suite.
              Entire building is fire sprinklered.
              Pre-wired for high-speed internet access in all suites.
              Rough-in only for future security system.
              Pre-wired for cable TV and telephones.
              White “decora” switches and outlets.
              Separate electrical consumption metering for each suite.
              Separate water consumption metering for each suite.
              Remote access to underground parking and controlled access from parking to elevator lobby.
              CCTV surveillance cameras at entrances and underground garage.
              Enterphone system at main entrance.

              GREEN FEATURES
              High efficiency gas boilers for domestic hot water and heating/cooling loop.
              Heat/cool system to allow individually controlled heating and cooling any time of the year.
              Water check meters on hot and cold water lines to each suite.
              Heat recovery ventilator.
              Energy efficient lighting in garage and corridors.
              Individual suite electric consumption meters to allow residents to conserve energy.
              Partial Green Roof.
              Tri-sorter garbage chute system.

              MOD Developments Inc. is a full-service real estate company specializing in innovative urban developments with a focus on architectural excellence, city-building and customer satisfaction. Founded in 2009 by industry veteran Gary Switzer, MOD has emerged as one of Toronto’s most successful development companies, winning the coveted 2011 BILD Project of the Year Award and the Best High-Rise Design of the Year Award for its first project FIVE Condos at 5 St. Joseph, a 48-storey, 526 unit complex in downtown Toronto. Following on the success of FIVE, MOD launched The Massey Tower in early 2012, a 60-storey, 699 unit project on Yonge near Queen, across from the Eaton Centre, which has gone on to become one of the best-selling developments of 2012.

              MOD’s senior management team is headed by Gary Switzer. Mr. Switzer graduated from the University of Toronto School of Architecture in 1978 and after working as an architect at WZMH Architects and as a planner at the City of Toronto, went on to establish the high-rise division of Great Gulf Homes, one of Canada’s largest home builders. During the next two decades, Mr. Switzer developed some of the most successful and award-winning projects in Toronto, including The Saint James, The Morgan, The Hudson, 18 Yorkville, X and Charlie. Awards include the OAA Award of Architectural Excellence for The Morgan in 2005, the City of Toronto Urban Design Awards for Best Tall Building and Best Mid-Rise Building for 18 Yorkville in 2007, and the Tarion High-Rise Building Award the same year.

              Mr Switzer is joined at the helm by Noorez Lalani. Mr. Lalani received a law degree from the University of Windsor, and was called to the Ontario bar in 2006. He also holds a Masters of Business Administration from the Schulich School of Business, where he specialized in Real Estate Finance and Development. Prior to attending law school, Mr. Lalani received a Bachelor of Arts in Political Science from the University of Western Ontario. He previously worked in the corporate finance group and commercial real estate group of a prominent Canadian law firm and prior to joining MOD, worked as an account manager for the Toronto Dominion Bank Real Estate Group where he was responsible for underwriting and managing various residential construction loans in the home building and condominium sectors.

              • 1% Cashback on Assignment Sale
              • Purchase Financing Assistance
              • HST Rebate Assistance
              • First Rent Assistance
              • Free Lawyer's Review
              • Detailed CMA of the project

              Guaranteed to all buyers who have purchased a pre-construction condo or townhome with us.

              Waterworks | Two Bedroom and Den | Unobstructed South Views | ONE Parking Included| Occupancy Summer 2021 - in Toronto by Mod Developments inc.

              Find more details about Waterworks | Two Bedroom and Den | Unobstructed South Views | ONE Parking Included| Occupancy Summer 2021 - in Toronto by Mod Developments inc. at our Preconstruction/HOTLNE project updates list.

              Waterworks | Two Bedroom Sun Filled Suite | Up to $40,000 In Upgrades Included! | Move In Spring 2021 - in Toronto by Mod Developments inc.

              Find more details about Waterworks | Two Bedroom Sun Filled Suite | Up to $40,000 In Upgrades Included! | Move In Spring 2021 - in Toronto by Mod Developments inc. at our Preconstruction/HOTLNE project updates list.

              Waterworks | Two Bedroom Corner Suite | Unobstructed Park Views | Move In Spring 2021 - in Toronto by Mod Developments inc.

              Find more details about Waterworks | Two Bedroom Corner Suite | Unobstructed Park Views | Move In Spring 2021 - in Toronto by Mod Developments inc. at our Preconstruction/HOTLNE project updates list.

              Waterworks | 1 Bedroom Suites Under $600,000 | Only 5% Deposit | Unobstructed South Views - in Toronto by Mod Developments inc.

              Find more details about Waterworks | 1 Bedroom Suites Under $600,000 | Only 5% Deposit | Unobstructed South Views - in Toronto by Mod Developments inc. at our Preconstruction/HOTLNE project updates list.

              Waterworks | Penthouse Suite | Unobstructed Park Views | Occupancy Summer 2021 - in Toronto by Mod Developments inc.

              Find more details about Waterworks | Penthouse Suite | Unobstructed Park Views | Occupancy Summer 2021 - in Toronto by Mod Developments inc. at our Preconstruction/HOTLNE project updates list.

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              Or, ask for more details about Waterworks Condos

              Yuriy Setko

              Real Estate Broker

              Right At Home Realty Investments Group Brokerage

              895 Don Mills Rd #206 B2 Toronto, Ontario M3C1W3

              English Russian Ukranian
              BOOK A FREE CONSULTATION
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              Walkscore
              Streetview
              Get your free detailed report for 505 Richmond St W Toronto
              Review detailed information about nearby schools, parks, transit, safety and convenience.

              Schools

              Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              School Type • Program • Language Rating Avg Income Home Price Index
              Ryerson Community School (Grades JK-08) 96 Denison Ave, Toronto, ON M5T 1E4, Canada Public • Intermediate • English Good $67,519 $746,301
              Harbord Collegiate Institute (Grades 09-12) 286 Harbord St, Toronto, ON M6G 1G5, Canada Public • Secondary • English Excellent $68,500 $876,842
              First Last
              Click on schools in the table above to display school boundaries on the map.
              Neighborhood School Ratings
              Fraser Institute EQAO
              Lowest 5.50 / 10 70 / 100
              Highest 6.30 / 10 77 / 100
              Average 5.9 / 10 74 / 100
              The following EQAO Ratings were used:
              • Elementary Schools:
              Grade 6 Reading, Writing and Mathematics
              • Secondary Schools:
              Grade 9 Academic Mathematics
              Waterworks Condos Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Waterfront Communities C1, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of Waterworks Condos location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Waterworks Condos Comparative Analysis Powered by AIDA

              Compare Waterworks Condos location's performance indicators to other projects, listed on our site.

              Waterworks Condos Price Index vs Rent Index Chart
              Price Index vs Rent Index Explained

              Home Price Index of $754,882 and $2,266 Rent Index are based on known 12 months sales history in Waterfront Communities C1, Toronto, where Waterworks Condos will be built.
              Both, the Home Price Index and Home Rent Index in this neighborhood are slightly below the average among 245 projects.


              Follow Waterworks Condos for the time-sensitive updates on prices, floor plans and allocations.

              Waterworks Condos Home Appreciation vs Rent Growth 1y Chart
              Home Appreciation vs Rent Growth 1y Explained

              Home Appreciation of and -14.07% Rent change is based on known 24 months sales history in Waterfront Communities C1, Toronto, where Waterworks Condos will be built.
              The Home Price Appreciation in this neighborhood is slightly below the average among 242 projects. And the Rent Demand is in the lowest 25%.


              Follow Waterworks Condos for the time-sensitive updates on prices, floor plans and allocations.

              Waterworks Condos Home Appreciation vs Rent Growth 3y Chart
              Home Appreciation vs Rent Growth 3y Explained

              Price Appreciation of and -14.07% Rent change are based on known 4 years sales history in Waterfront Communities C1, Toronto, where Waterworks Condos will be built.
              The Home Price Appreciation in this neighborhood is slightly above the average among 245 projects. And the Rent Demand is in the lowest 25%.


              Follow Waterworks Condos for the time-sensitive updates on prices, floor plans and allocations.

              Walkscore vs Transitscore Chart
              Walkscore vs Transitscore Explained

              Walkscore of 98 and 100 Transitscore are calculated for the exact location of Waterworks Condos project, and can be described as Walker's Paradise and Rider's Paradise accordingly.


              Follow Waterworks Condos for the time-sensitive updates on prices, floor plans and allocations.

              Waterfront Communities C1, Toronto Sales History More

              Waterfront Communities C1, Toronto: Overall Sales Statistics for Condos
              Powered by AIDA © (condosdirect.net/aida)
              Neighborhood Sales Statistics
              Powered by AIDA © (condosdirect.net/aida)
              Neighborhood Rent Statistics
              Waterfront Communities C1, Toronto: Detailed Sales & Rent Statistics for Condos

              Demographics & Housing Statistics

              Statistics Canada

              Information provided by Statistics Canada and represents 2016 Census data.

              How to use
              • Switch between Demographics & Housing tabs
              • Click Statistics Headers to expand
              • Click Pie Charts section for more details

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