505 Richmond Street W 708

Getting around Very walkable

• 🚇 Osgoode Subway17 min walk
• 🚇 St. Andrew Subway18 min walk
• 🚆 Toronto Union Station GO1.5 km

Within a 10-minute walk: 22 grocery stores, 452 cafés and restaurants, 19 parks, 22 pharmacies. Nearest grocery: Fresh Picked Fresh Produce & Flowers (100 m). Nearest park: St. Andrew's Playground (100 m).

Schools nearby

Elementary

• ALPHA Alternative Junior School3 min walk
• Ogden Junior Public School
  EQAO: Gr 6 reading 77%, math 53%7 min walk
• St. Mary Catholic School Catholic
  EQAO: Gr 6 reading 100%, math 38%7 min walk
• Ryerson Community School
  EQAO: Gr 6 reading 65%, math 26%8 min walk

Secondary

• Oasis Alternative Secondary School3 min walk
• Downtown Vocal Music Academy of Toronto Private8 min walk
• Heydon Park Secondary School
  EQAO: Gr 9 math 8%14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5V

Owners / renters

42% / 58%

Median household income

$91,000

Average age

35

Children under 15

6%

Homes

0% detached, 97% high-rise

Commute by transit

23%

Population

59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Wellington Place (2025): 31% above the Toronto average, down 8% from the year before.

• Assault52% above average
• Break and enter55% above average
• Auto theft57% below average
• Robberyabout average
• Theft from vehiclesabout average
• Shootings30% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 43 active

• 523 KING ST W · 300 m
  Plan of Condominium · Under Review · applied 2025
  Draft Plan of Standard Condominium for 439 units.
  Application details
• 445 ADELAIDE ST W · 150 m
  Official Plan / Zoning By-law Amendment · Appeal Received · applied 2025
  Zoning By-law Amendment for a 17-storey (59.65m including mechanical penthouse) hotel containing 144 suites.
  Application details
• 71 PORTLAND ST · 400 m
  Site Plan · Under Review · applied 2024
  Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.
  Application details
• 71 PORTLAND ST · 400 m
  Site Plan · Under Review · applied 2024
  Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.
  Application details
• 8 CAMDEN ST · 200 m
  Site Plan · Under Review · applied 2023
  Site Plan Application to permit a 19-storey mixed use building with retail space on the ground floor and 200 residential units above.
  Application details
• 47 CAMDEN ST · 100 m
  Site Plan · Under Review · applied 2023
  Site plan control resubmission for a 18-storey (57.85m including mechanical penthouse) mixed-use building with retail space on the ground floor and 255…
  Application details

51 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Commute

To Union Station (downtown Toronto): 2 km. Transit times · Driving times

Coming transit

• 🚧 Chinatown 300 m
• 🚧 King West GO Transit450 m
• 🚧 Osgoode 1.1 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CRE

Commercial Residential Employment (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

• Interior Alterations · 2026 · Permit Issued
  INTERIOR RENOVATION OF AN EXISTING EATING ESTABLISHMENT- Interior tenant fit out of Kiosk #K-26 ONLY
• Interior Alterations · 2025 · Permit Issued
  NTERIOR RENOVATION FOR FIRST TIME OCCUPANCY OF 69.2SM AREA WITHIN PERMITTED GROUP 'A2' FOOD HALL; PATRON AREA WITH SEATING; PICK-UP AND…
• Interior Alterations · 2025 · Inspection
  proposal for interior alterations for fit out within existing permitted multiple tenant food hall. First time occupancy. No change to GFA.…
• Interior Alterations · 2025 · Closed
  Proposal to remove some interior partitions and install opening for a new fire place
• Interior Alterations · 2024 · Closed
  Interior renovation for first time occpancy of 47.42sm area within permitted group 'a2' food hall; comprising bar serving beverages to the…

15 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

48 City street trees within 100 m, mostly maples. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules