How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bed, 1 Bath Condo in Toronto
Unit 705 at 15 Richardson Street
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.
1 bedroom, 1 bathroom, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 15 Richardson St #705
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
0-499 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
15 Richardson St #705 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,407
/mo
based on the purchase price of $490,000
$98,000 cash
$392,000 financed
$330,167 total interest
Principal54%$392,000
Interest46%$330,167
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Richardson Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 15 Richardson St #705 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 15 Richardson St #705 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $490K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5114.8%On average, homes sold at or above asking.
Active listings12,813Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 4 – Aug 2, 2026.
Based on 9,270 sales from Aug 2 – Oct 31, 2026 (6,989 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale · 9 for rent at 15 Richardson St — plus its sale and lease history.
Union StationLine 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express1.0 km13 min walk
Loading schools, parks, groceries and more nearby…
Transit
King Station (Line 1)11 min walk
Union Station (Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express)13 min walk
Queen Station (Line 1)16 min walk
Nearest subway, GO and LRT stations first, then bus and streetcar stops.
15 Richardson St #705 is listed at $490,000 (MLS® C13819200). Summitly updates the price as soon as the MLS® record changes.
Has the price of 15 Richardson St #705 changed?
No — 15 Richardson St #705 is still listed at its original asking price of $490,000.
How many bedrooms and bathrooms does 15 Richardson St #705 have?
15 Richardson St #705 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Toronto.
Is 15 Richardson St #705 close to transit?
The nearest rapid-transit station is King Station (Line 1), about 910 m (about a 11-minute walk) in a straight line. Union Station is about 1.0 km (about a 13-minute walk), and Queen Station is about 1.3 km (about a 16-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 15 Richardson St #705?
About $2,407 a month — principal and interest on $490,000 with 20% down ($98,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 15 Richardson St #705 compare with other homes in Toronto?
Its asking price of $490,000 is about 42% below the median sold price in Toronto over the last 90 days, $840,000, across 9,270 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 15 Richardson St #705 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 15 Richardson St #705 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 15 Richardson St #705?
15 Richardson St #705 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 15 Richardson St #705 been on the market?
38 days — 15 Richardson St #705 was listed on September 23, 2026.
What is the price per square foot of 15 Richardson St #705?
About $982 per square foot: the asking price of $490,000 over the 0–499 sq ft the listing gives.
Does 15 Richardson St #705 have parking or a garage?
Garage: Yes.
Does 15 Richardson St #705 have a basement, and is it finished?
The listing says 15 Richardson St #705 has no basement.