705-15 Richardson Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13819200
About this home
In short
- Live by the Lake in Style at Empire Quay HouseWelcome to Unit 705 a bright and modern 1-bedroom suite perfectly positioned where downtown Toronto meets the waterfront.
- This thoughtfully designed condo features a sleek open-concept layout with a contemporary kitchen, stainless steel appliances, in-suite laundry, brand-new blinds, and...
- Enjoy a lifestyle of convenience and luxury with exceptional building amenities including a 24-hour concierge, state-of-the-art fitness centre, yoga and meditation...
- With a Walk Score of 92 and a perfect Transit Score of 100, commuting is effortless whether by streetcar, subway, or nearby highway access.
Live by the Lake in Style at Empire Quay HouseWelcome to Unit 705 a bright and modern 1-bedroom suite perfectly positioned where downtown Toronto meets the waterfront. This thoughtfully designed condo features a sleek open-concept layout with a contemporary kitchen, stainless steel appliances, in-suite laundry, brand-new blinds, and a private balcony offering a serene escape.Enjoy a lifestyle of convenience and luxury with exceptional building amenities including a 24-hour concierge, state-of-the-art fitness centre, yoga and meditation studios, co-working lounge, and an expansive rooftop terrace with BBQs and stunning city views.Just steps from Sugar Beach, St. Lawrence Market, Scotiabank Arena, George Brown College, and a host of dining, shopping, and entertainment options. With a Walk Score of 92 and a perfect Transit Score of 100, commuting is effortless whether by streetcar, subway, or nearby highway access. An ideal choice for professionals, students, or anyone seeking stylish urban living in one of Toronto most vibrant neighbourhoods.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13819200
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 0-499 sq ft
- Cross streets
- Queens Quay E / Richardson St
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Concrete
- Foundation
- Concrete
- Roof
- Flat
- Maintenance
- $322/mo
- Exposure
- East
- Days on market
- 27
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
laminate · 3 pc bath · combined w/laundry
quartz counter · backsplash · b/i appliances
w/o to terrace · east view · combined w/dining
laminate · closet
east view · window · combined w/kitchen
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readThe assigned public school is Queen Alexandra Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Neighbourhood & location
Waterfront Communities C1, Toronto, ON
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Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $392,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,167
- Estimated property tax
- $306
- Condo / maintenance fees
- $322
- Heating
- $0
- Estimated monthly cost
- $2,796
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,275
- Toronto municipal land transfer tax
- $6,275
- Estimated closing costs
- $12,550
Plus your down payment of $98,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $130,046
- Principal paid down
- $47,895
- Interest paid
- $82,151
- Balance remaining
- $344,105
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.