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WaterWorks Toronto

505 Richmond Street West, Toronto, ON
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  • Preconstruction
  • Selling
  • Condo
From CAD $1,530,000 to $1,530,000
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Description

Waterworks Toronto, Richmond Street West is an upcoming condominium development project. MOD Developments Inc. and Woodcliffe Landmark are building it at properties at 505 Richmond Street West, Toronto. The project is currently in preconstruction mode and units are getting sold out quickly. Waterworks Toronto, Toronto will offer luxurious units across all stories for its residents. A friendly neighborhood is guaranteed as well, so that the buyers can gel well with the locals right away.

What are the key details of the project?

 

Waterworks Toronto is currently in preconstruction mode at the historic Richmond Street West and is due for completion around January, 2020. The project will be a 13-storey boutique residency with 299 units on offer. Waterworks Toronto 1 BHK to 2 BHK apartments present a variety of units. There are dens as well as large bedrooms in the apartments. The units’ sizes range from 662 to 891 square feet. The prices vary accordingly, ranging from $750,000 to $1,000,000.

What are the amenities available here?

 

Waterworks Toronto, being one of the historic sites in Toronto, will feature a lot of exciting amenities related to the residency. The units will feature suites with contemporary theme scheme that go along well with the historic importance that this 1930s heritage site possesses. Convenient and livable large rooms will make up the majority of the apartments. Waterworks Toronto amenities will include a stunning lobby that can take your breath away – no guarantees. There will be a Food Hall and Toronto’s latest YMCA engaging young men and women. The building will also keep its artistry intact and make modern urban living affordable. The condo also consists of a meeting space for neighbors to get together. There will be a gallery and a library as well – read all the books you want, look at all the pictures you can! Additionally, there will also be a rooftop terrace for dining and relaxing whenever you want. Inside the apartments, there will be a communal kitchen with twin dining areas, bars and lounges. This is about as perfect as it can get while maintaining modernization of heritage. Also noteworthy are the state-of-the-art fitness studio and crossfit studio. If you’re a fitness enthusiast, or just want to stay in shape, you know where to go!

What are the locational advantages here?

 

Waterworks Toronto, 505 Richmond Street West, Toronto has one of the best advantages of location throughout Toronto. It’s surrounded by all the modern fashions and trends in Fashion district and meet-up place at Chinatown. The Entertainment District is nearby as well, so any time you want to go and watch a movie, you can indulge yourself. The condo is being built in a downtown part where it is filled with art galleries full of intricate art and designs. The town boasts of a bold nightlife with bars and restaurants staying open until very late. Moreover, just a few minutes away, there is St. Andrews Park and the playground for kids. But the adults can enjoy the scenic beauty just as well. The craze of Downtown Toronto often can’t be contained. When that’s the case, you can take a bus, train or a bike, or simply walk to enjoy and experience all that this part of the city has to offer. Additionally, the neighborhood is filled with schools and different job opportunities, so families including children and professionals can move in.

A Note on the Developer

 

MOD Developments Inc. has been active from 2009, but in this short time, they have created a name for themselves as condominium project builders. They focus on preserving the heritage in modern culture by building a modernized version of it.

Woodcliffe Landmark Properties, founded in 1996, ensure that while restoring heritage buildings, they are economically viable, too.

What are the USPs for the project?

 

  • Safe and utilizable neighborhood
  • Various styles and price ranges of units
  • World-class amenities and facilities

Development Details

Building Type:

Condo

Ownership:

Condominium

Ceilings:

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Selling Status:

Selling

Sales Start:

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Construction Status:

Preconstruction

Construction Start Date:

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Units & Stories:

299 Units - 13 Stories

Estimated Completion:

Jan-20

Website:

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Builder(s):

MOD Developments Inc. H32 and Woodcliffe Landmark Properties

Architect(s):

Diamond and Schmitt Architects Inc.

Interior Designer(s):

Cecconi Simone

Marketing Company:

L.A. Inc.

Sales Company:

MarketVision Real Estate Corporation
Sale Prices

Sale Prices - Available Units:

CAD $1,530,000 to $1,530,000

Cost to Purchase Parking:

$79,000.00

Cost to Purchase Storage:

$8,000.00

C.C / Maint:

$0.54 Per SqFt per Month

Deposit Structure:

$5000 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

Co-op Fee Realtors:

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Percent Sold:

95%
WaterWorks Toronto - Unit Plans

Price On Request

  • Unit Name:D2
  • Interior Size:830
  • Bed Room:2
  • Balcony Size:399
  • Bath Rooms:1 Full
  • Ownership:Condominium

Price On Request

  • Unit Name:E8
  • Interior Size:464
  • Bed Room:2
  • Balcony Size:105
  • Bath Rooms:1 Full
  • Ownership:Condominium

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