1311 - 505 Richmond Street W

A rare opportunity to lease one of Waterworks' most distinguished residences, this custom-designed penthouse offers an exceptional blend of scale, sophistication, & panoramic city views. Spanning approximately 2,600 sqft of impeccably upgraded interior living space, plus over 700 sqft of private terraces, this residence has been extensively enhanced with substantial premium upgrades & bespoke finishes. Floor-to-ceiling windows frame breathtaking south-facing skyline vistas, flooding the home with natural light throughout the day & creating a dramatic backdrop for everyday living. Designed for both grand entertaining and comfortable daily living, the expansive open-concept living, dining, & kitchen spaces flow seamlessly to three private terraces, including a spectacular outdoor lounge complete with a gas BBQ connection. The chef-inspired kitchen features integrated Miele appliances, custom cabinetry, oversized island seating, & refined designer finishes. The luxurious primary retreat occupies its own private wing, complete with a custom walk-in dressing room, a spa-inspired ensuite, & direct access to the terrace. A generous second bedroom with an ensuite bath, plus a separate den ideal for a home office, library, or media room, provides exceptional flexibility. No detail has been overlooked. Premium upgrades include engineered hardwood flooring throughout, custom millwork & built-ins, Lutron automated blinds, designer lighting, pot lights, smart-home technology, Nest climate controls, & countless bespoke enhancements that elevate the residence well beyond builder specifications. Located within the iconic Waterworks development, residents enjoy world-class amenities, concierge service, fitness facilities, rooftop terrace, co-working spaces, & direct access to one of Toronto's most vibrant neighbourhoods. Steps from acclaimed restaurants, cafes, parks, & the city's cultural core, this is elevated downtown living at its finest.