Skip to main content
Sell Your Home
Shortlisted Properties
  • New Homes
  • For Sale
  • For Rent
Danger! Indicates a dangerous or potentially negative action.
Error

Maximum 4 project can be compared at one go.

Last Updated : 15 Days ago
505 Richmond Street W, Toronto, ON, Waterfront Communities C1
Photo Gallery
+ 6 Photos

K23 - 505 Richmond Street W, Toronto MLS Number: C13593486

Waterfront Communities C1, Toronto, ON, M5V 0P4

$250,000

Status: For Sale

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $0.0 (Tax Year:2026)
  • Listing Courtesy : Exit Realty Legacy

Unit-K23 505 Richmond Street W Property Description

Exceptional Turn-Key Business Opportunity - Own a The Alley Franchise in the Heart of Downtown Toronto! Take advantage of this rare opportunity to own a The Alley bubble tea franchise in one of Toronto's most vibrant, high-traffic destinations. Located inside the popular Waterworks Food Hall, this recently established business is fully built out, professionally designed, and ready for a seamless transition to new ownership. This modern, turn-key operation comes fully equipped, fully staffed, and fully operational, allowing you to start generating revenue from day one. The business has already built an excellent reputation with outstanding online reviews, creating a strong foundation for continued growth. Waterworks Food Hall is home to nearly 25 food and beverage vendors, making it one of Toronto's premier culinary destinations. The location attracts a steady stream of customers from the surrounding residential towers, office buildings, hotels, and tourist attractions, while regular community events, live entertainment, private functions, and corporate gatherings provide consistent opportunities to increase sales. An added advantage is the dedicated event hall within Waterworks, where vendors have opportunities to provide catering for private and corporate events, creating an additional revenue stream beyond daily walk-in traffic. As part of the internationally recognized The Alley brand, you'll benefit from proven operating systems, ongoing franchisor support, and strong brand recognition. This is an outstanding opportunity for an owner-operator, entrepreneur, or investor looking to acquire a stylish, fully operational business with tremendous growth potential in one of downtown Toronto's most sought-after food destinations.

Read More

Unit-K23 505 Richmond Street W Property Facts

Property Type :Commercial
MLS Number :C13593486
Listing Type :Sale
Possession Date :
know more link icon
Last Updated :22 Jul, 2026 (15 Days ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M5V 0P4
property detail community link icon

Unit-K23 505 Richmond Street W Property Price & Tax Insights

Price : $250,000
Property Taxes :$0.0
Tax Year :2026

Unit-K23 505 Richmond Street W, Toronto Property Details

Air Conditioning :Yes
Heating :Other
Cross Street :Richmond st. and Brant St.

505 Richmond Street W, Toronto - Price History

2026-07

22 Jul, 2026

TREB #C13593486

Listed

$250000.0

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

505 Richmond Street W - Location Map and Landmarks

  • Osgoode Subway, Toronto 1.08 km
  • St Andrew Subway, Toronto 1.17 km
  • St Patrick Subway, Toronto 1.25 km
  • Union Train Station, Toronto 1.54 km
  • Union Station Subway, Toronto 1.55 km
  • Queen'S Park Subway, Toronto 1.58 km
  • Union Go Station, Toronto 1.58 km
  • Queen Subway, Toronto 1.72 km
  • King Subway, Toronto 1.74 km
  • Billy Bishop Toronto City Airport, Toronto 1.77 km
  • Oasis Alternative Secondary School, Toronto 0.18 km
  • Alpha Alternative Junior School, Toronto 0.18 km
  • St Mary Catholic Elementary School, Toronto 0.45 km
  • Ogden Junior Public School, Toronto 0.46 km
  • Ryerson Community School, Toronto 0.52 km
  • Niagara Street Junior Public School, Toronto 0.8 km
  • Charles G Fraser Junior Public School, Toronto 0.83 km
  • Ocad University - Inclusive Design Institute, Toronto 0.89 km
  • Ocad University - Abovegrd Art Supplies, Toronto 0.9 km
  • Ocad University - Student Centre, Toronto 0.91 km
  • University Health Network - Toronto Western, Toronto 0.84 km
  • Toronto Western Hospital, Toronto 0.86 km
  • Krembil Research Institute, Toronto 0.92 km
  • University Health Network - Toronto Rehabilitation Institute, Toronto 1.28 km
  • Sinai Health System - Mount Sinai, Toronto 1.35 km
  • Mount Sinai Hospital, Toronto 1.36 km
  • Princess Margaret Hosp, Toronto 1.42 km
  • University Health Network - Princess Margaret Cancer Centre, Toronto 1.42 km
  • The Leroy And Elizabeth Macmillan Plastic Surgery Clinic, Toronto 1.44 km
  • Mount Sinai Hospital Special Pregnancy Program, Toronto 1.46 km
  • Shoppes On Queen West, Toronto 0.18 km
  • Riocan, Toronto 0.32 km
  • Chinatown Centre, Toronto 0.43 km
  • China City Supermarket, Toronto 0.53 km
  • Kai Wei Supermarket, Toronto 0.57 km
  • Kitchen Table, Toronto 0.57 km
  • Ho Long Supermarket, Toronto 0.58 km
  • Dragon City Mall, Toronto 0.59 km
  • The Well, Toronto 0.64 km
  • Lusitania Grocery Ltd, Toronto 0.65 km
  • Augusta Avenue and Richmond Street West, Toronto 0.02 km
  • Augusta Avenue and Queen Street West, Toronto 0.1 km
  • Portland Street and Richmond Street West, Toronto 0.14 km
  • Queen Street West and Portland Street, Toronto 0.18 km
  • Portland Street and Adelaide Street West, Toronto 0.19 km
  • Richmond Street West and Spadina Avenue, Toronto 0.29 km
  • Adelaide Street West and Spadina Avenue, Toronto 0.3 km
  • Queen Street West and Spadina Avenue, Toronto 0.31 km
  • King Street West and Portland Street, Toronto 0.31 km
  • Bathurst Street and Queen Street West, Toronto 0.37 km
Last Updated : 5 Hours ago
14 St Margarets Drive, Toronto, ON
Last Updated : 5 Hours ago
39 Glengowan Road, Toronto, ON
$2694000.0
  • 5 +1 Bd
  • 4 Ba
  • 2000-2500 sq-ft
Last Updated : 5 Hours ago
44 Tower Drive, Toronto, ON
$1349000.0
  • 4 +3 Bd
  • 6 Ba
  • 2500-3000 sq-ft
Last Updated : 5 Hours ago
20 Scrivener Square, Toronto, ON
Last Updated : 5 Hours ago
1 Belsize Drive, Toronto, ON
$529000.0
  • 1 +1 Bd
  • 1 Ba
  • 500-599 sq-ft
Last Updated : 5 Hours ago
214 Sutherland Drive, Toronto, ON
$2649000.0
  • 4 +1 Bd
  • 4 Ba
  • 2000-2500 sq-ft
Last Updated : 6 Hours ago
2 Robinter Drive, Toronto, ON
$1349000.0
  • 4 +0 Bd
  • 3 Ba
  • 1100-1500 sq-ft
Last Updated : 6 Hours ago
70 Mill Street, Toronto, ON
Last Updated : 6 Hours ago
455 Front Street E, Toronto, ON
Last Updated : 6 Hours ago
20 Guildwood Parkway, Toronto, ON
$1075000.0
  • 2 +1 Bd
  • 2 Ba
  • 1600-1799 sq-ft
Last Updated : 6 Hours ago
40 Pinegrove Avenue, Toronto, ON
Last Updated : 6 Hours ago
660 Pape Avenue, Toronto, ON
$1375000.0
  • 1 +1 Bd
  • 2 Ba
  • 1400-1599 sq-ft
Last Updated : 6 Hours ago
123 Eglinton Avenue E, Toronto, ON
Last Updated : 6 Hours ago
175 Hay Avenue, Toronto, ON
$1899918.0
  • 3 Bd
  • 4 Ba
  • 2000-2500 sq-ft
Last Updated : 6 Hours ago
3 Massey Square, Toronto, ON
$519000.0
  • 2 +1 Bd
  • 1 Ba
  • 900-999 sq-ft
Last Updated :104 Days ago
478 King Street W, Toronto, ON
Last Updated :6 Days ago
11 Brunel Court, Toronto, ON
Last Updated :2 Days ago
550 Queens Quay W, Toronto, ON
Last Updated :1 Day ago
33 Harbour Square, Toronto, ON
Last Updated :469 Days ago
108 Peter Street, Toronto, ON
Last Updated :1 Day ago
352 Front Street, Toronto, ON
Last Updated :28 Days ago
629 King Street W, Toronto, ON
Last Updated :7 Days ago
19 Grand Trunk Crescent, Toronto, ON
Last Updated :30 Days ago
25 Telegram Mews, Toronto, ON
Last Updated :1 Day ago
3 Concord Cityplace Way, Toronto, ON
Last Updated :47 Days ago
525 Adelaide Street W, Toronto, ON
Last Updated :167 Days ago
470 Front Street W, Toronto, ON
Last Updated :405 Days ago
85 Queens Wharf Road, Toronto, ON
Last Updated :507 Days ago
438 King Street W, Toronto, ON
Last Updated :37 Days ago
330 Richmond Street W, Toronto, ON
Recently Viewed

Buildings in Waterfront Communities C1

8 York St

8 York St

Waterfront Communities C1, Toronto
  • 0 For Sale
  • 2 For Rent
View Building Details
8 Telegram Mews

8 Telegram Mews

Waterfront Communities C1, Toronto
  • 3 For Sale
  • 4 For Rent
View Building Details
55 Stewart St

55 Stewart St

Waterfront Communities C1, Toronto
  • 1 For Sale
  • 0 For Rent
View Building Details
111 Bathurst St

111 Bathurst St

Waterfront Communities C1, Toronto
  • 0 For Sale
  • 1 For Rent
View Building Details
14 York St

14 York St

Waterfront Communities C1, Toronto
  • 1 For Sale
  • 0 For Rent
View Building Details
357 King St W

357 King St W

Waterfront Communities C1, Toronto
  • 1 For Sale
  • 0 For Rent
View Building Details
228 Queens Quay W

228 Queens Quay W

Waterfront Communities C1, Toronto
  • 3 For Sale
  • 0 For Rent
View Building Details
10 Queens Quay W

10 Queens Quay W

Waterfront Communities C1, Toronto
  • 3 For Sale
  • 0 For Rent
View Building Details
208 Queens Quay W

208 Queens Quay W

Waterfront Communities C1, Toronto
  • 4 For Sale
  • 5 For Rent
View Building Details
3 Navy Wharf Crt

3 Navy Wharf Crt

Waterfront Communities C1, Toronto
  • 0 For Sale
  • 1 For Rent
View Building Details
85 Queens Wharf Rd

85 Queens Wharf Rd

Waterfront Communities C1, Toronto
  • 1 For Sale
  • 0 For Rent
View Building Details
18 Yonge St

18 Yonge St

Waterfront Communities C1, Toronto
  • 1 For Sale
  • 0 For Rent
View Building Details
38 Dan Leckie Way

38 Dan Leckie Way

Waterfront Communities C1, Toronto
  • 4 For Sale
  • 2 For Rent
View Building Details
20 Bruyeres Mews

20 Bruyeres Mews

Waterfront Communities C1, Toronto
  • 4 For Sale
  • 1 For Rent
View Building Details
500 Queens Quay W

500 Queens Quay W

Waterfront Communities C1, Toronto
  • 3 For Sale
  • 4 For Rent
View Building Details

FAQs: 505 Richmond Street W, Toronto

  • Q: Does this Project 505 Richmond Street W available for Sale ?

    A: The project 505 Richmond Street W is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 505 Richmond Street W is Offering?

    A:Square Yards is giving a Cashback of $1,250 if you buy this property from us, however there are several key features offered by the 505 Richmond Street W. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 505 Richmond Street W, Toronto?

    A: 505 Richmond Street W, Toronto comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
Related to your search
Nearby Postal Codes of Toronto

Tell us a Little about yourself!