Loading neighbourhood intel…
Loading neighbourhood intel…
$124,500
Waterworks · 505 Richmond Street · Toronto · Ontario M5V 0P4
89 days on market
Must be owner of a unit in the building. Three parking spots available. EV rough-in.
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $11KPrice reduction
MLS shows the seller reduced the asking price by $10,500 (from $135,000 to $124,500).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: MARQUIS REAL ESTATE CORPORATION
Source: TRREB/PROPTX · MLS® C13606810
Do you own a home in Toronto?
Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.
Get My StreetValue™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,800 ft² · ON avg ~$126/mo · assumes gas heat
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
Cost composition
Mortgage is 30% of your true cost of ownership. The other 70% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $5,668 | $472/mo |
| Government & taxes | ||
| Property tax | $1 | $0/mo |
| Land transfer tax(closing) | $970 | $81/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $1,512 | $126/mo |
| Natural gas (assumed) | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $1,245 | $104/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $19,156 | $1,596/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.