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WaterWorks Condos

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505 Richmond St W, Toronto, ON M5V 3N4
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Condo Project Summary

This project is a mid-rise mixed-use residential condominium development set to touchdown at 505 Richmond Street West in the Fashion District neighbourhood of Toronto. Currently in the pre-construction phase, this “U” shaped structure will rest above the historic City Water Works Building. It’s architecture is carefully curated with materials and finishes that are guided by compatibility, connectivity and contemporary urbanity. WaterWorks Condos completion date is tentatively set for January 2021.

This building will stand 13 storeys with 290 charmingly designed suites, that vary in dimensions, starting from 491-sq-ft.- 1,007-sq-ft.

WaterWorks Condos
Mid-rise residential condominium development at 505 Richmond St W, Toronto, ON M5V 3N4

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This redeveloped structure will take up approximately half a city block. Most units will be furnished with features and finishes with a contemporary flair, think five-star luxury touches. They will consist of weathered wood butt against a sleek polished stone with customized matte black kitchen and bathroom fixtures. Ceilings will be drywalled with pot lights, accompanied by modern appliances providing a stylish contrast.

It will also feature a combination of open and closed cabinets in your choice of cabinetry and countertop finishes and exposed, industrial-inspired pantries in some suites, as well as a standing cabinet-style island. Bathrooms are definitively provocative with frameless glass shower enclosures, roll-out vanity drawers and built-in medicine cabinets. Nearly all suites at this condo building have large balconies or terraces, with radiant views overlooking the park and city skyline.


The look is simple, sophisticated and inherently urbane. Echoes of the past, will run throughout the building, with craftsmanship remembered and replicated for today's cosmopolitan lifestyle and expectations. Creating an amazing urban space to live. Within its walls there will be ground-level retail, a sprawling spectacular public food hall, a rooftop garden, a fully outfitted YMCA facility and space reserved for Eva's Initiatives for Homeless Youth. Artscape, a not-for-profit organization will control and manage 15 suites for low-income housing.

All of the above is linked by inviting pathways and arches joining the entire site from Richmond to Adelaide, through the sheltered courtyard into the Food Hall and the flourishing parkscape of the historic St. Andrew’s Playground. Aside from the above amenities, This new condo project will also offer private areas for the exclusive use of its residents only. The stunning lobby, will consist of an executive style 24/7 concierge service, a lounge area, a gallery, a library, a fitness club and crossfit studio, in addition to a large welcoming landscaped rooftop terrace with spectacular skyline views. Here is where you will find a communal kitchen with dual dining areas, lounges and bars. It’s a self-contained urban retreat for you to relish in and enjoy.

Location & Neighbourhood

Living downtown is made easy where many schools, parkettes, shops, grocery stores, many professional services, restaurants, museums, entertainment facilities, bars, clubs, sports arenas, you name it, the city has it for you. Public transportation is readily available, where numerous of buses, streetcars and subways stations can be accessed, therefore enabling you to get around where you need to be with relative ease. You can also opt to walk or bike, since there are plenty of pedestrian-friendly walkways and bike lanes and trails throughout.

This complex will be unique, an escape if you will from the standard condo designs in the city, this landmark will be brought back to life via restorations which incorporates the stunning, circa 1932 art-deco style of the historic City Water Works Building and the chic and trendy urban attitude of the U shaped residential structure that rises above it. Don’t overlook this opportunity, downtown living is where it’s at, where you can have all your wants and needs met. Come and enjoy your own little oasis in The Big Smoke!

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WaterWorks Condo Developers

MOD Developments was founded by Gary Switzer in 2009 and since their inception, they have emerged as one of Toronto’s successful development companies. They have won the coveted 2011 BILD Project of the Year Award and the Best High-Rise Design of the Year Award, for their first ever real estate project, the FIVE Condos.

Read more about MOD Developments Inc.

WaterWorks Toronto Condos

Woodcliffe Landmark Properties was established in 1996 by Paul Oberman who was a visionary leader. The company is known to revitalize several heritage properties into landmark destinations within Toronto, and transforming them into unique yet viable urban landscapes that complements the cityscape.

Read more about Woodcliffe Landmark Properties

WaterWorks Condos Developer
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