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Cityscape Terrace

500 Richmond St W, Downtown

Features

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Price/Sqft Range

544 sqft - 1632 sqft

Avg Price/Sqft

$883 / sq. ft.

Completed

Built: 2000

Building Scale

Floors: 4 | Total Units: 109

Building Details

Building Type

Mid-Rise condo

Property Management

Built in 2000

Condo Corp

MTCC-1290

Date Registered

Jan 24, 2000

Maintenance Fees Include

Common Element

Building Insurance

Water

Parking

Description

1 - About Cityscape Terrace

  • Address: 500 Richmond St W, Toronto
  • Neighbourhood: Waterfront Communities C1 (Queen West Fashion and Entertainment District)
  • Storeys: 4
  • Units: 109
  • Built Year: 2000
  • Builder: Tridel Corporation
  • Building Type: Mid-Rise Condo (Industrial Conversion)
  • Suite Sizes: 544 sqft - 1632 sqft
  • Average Price: $883 / sq. ft.

2 - Overview of Cityscape Terrace

Cityscape Terrace represents a successful transformation of a 19th-century industrial structure into a modern residential mid-rise condominium. The building showcases distinctive European ski-chalet architectural elements, combining red-brick masonry with stucco finishes that honour its heritage while providing contemporary living spaces.

The conversion thoughtfully preserves the industrial character through nine-foot ceilings and expansive windows that flood each of the 109 units with abundant natural light. This design approach maintains the building's historical integrity while creating bright, spacious homes for residents.

Completed in 2000 by Tridel Corporation, this four-storey development offers a low-rise residential alternative within the high-density Waterfront Communities C1 district. The building seamlessly integrates into the urban landscape of Toronto's Fashion and Entertainment Districts, providing a quieter residential option while maintaining proximity to the area's cultural amenities.

3 - Suite Sizes & Value

Cityscape Terrace offers a diverse selection of floor plans ranging from 544 to 1,632 square feet. The building features one-bedroom, one-bedroom plus den, two-bedroom, and two-bedroom plus den configurations to accommodate various lifestyle needs.

Select units showcase unique two-storey layouts that provide vertical separation between living and sleeping areas, a distinctive feature that reflects the building's industrial conversion origins. This structural variety creates home-like environments with enhanced privacy and spatial flow.

The building maintains an average price point of $883 per square foot, positioning it competitively within the Queen West market as a boutique heritage conversion property.

4 - Building Amenities & Features

  • Visitor Parking: Dedicated guest parking spaces for convenient visits
  • Guest Suites: Overnight accommodation options for visiting friends and family
  • Private Outdoor Space: Expansive terraces and rooftop decks available with select units
  • Outdoor Cooking: Gas hookups for barbecues on private outdoor terraces
  • Interior Finishes: Open-concept layouts featuring premium hardwood flooring
  • Ceiling Heights: Nine-foot ceilings throughout all residential units

5 - Location Highlights

  • Parks & Recreation: Close proximity to St. Andrews Park featuring tennis courts, volleyball courts, playground facilities, and a seasonal outdoor skating rink
  • Transit Access: Convenient access to Queen, Spadina, and Bathurst streetcar lines, with the Gardiner Expressway just four minutes away via Spadina Avenue. Direct connection to Union Station provides GO Transit and VIA Rail services
  • Culture & Arts: Walking distance to the TIFF Bell Lightbox, King Street West theatre district, and the vibrant Graffiti Alley
  • Shopping & Dining: Easy access to Kensington Market, Chinatown, Waterworks Food Hall, and the gallery districts along Richmond and Queen Street West
  • Area Attractions: Minutes from major Toronto landmarks including Rogers Centre, CN Tower, and Ripley's Aquarium of Canada

6 - Lifestyle Near Cityscape Terrace

Cityscape Terrace occupies a tranquil section of Richmond Street, appealing to professionals and creative individuals who value proximity to Queen West's cultural scene and the Entertainment District's amenities. The location provides an ideal balance between urban convenience and residential calm.

The neighbourhood offers excellent walkability with direct connections between the Fashion District and Toronto's major sports venues, dining establishments, and independent art galleries. Residents enjoy immediate access to both cultural attractions and everyday urban conveniences.

7 - About the Developer

Cityscape Terrace was developed by Tridel Corporation and completed in 2000. This project successfully converted a historic industrial building into a distinctive residential property within Toronto's Queen West Fashion District. The building's ongoing operations are managed by Dash Property Management.


Building Sales History

Jun 20261 Listed | 1 Sold

88 days on market

MLS® # C12844900

Jun 2, 2026

Sold

Mar 4, 2026

Listed For Sale

$539,000
May 20263 Listed | 2 Sold

8 days on market

MLS® # C13030362

May 11, 2026

Sold

Apr 22, 2026

Listed For Sale

$1,050,000

10 days on market

MLS® # C13021034

May 1, 2026

Sold

Apr 20, 2026

Listed For Sale

$799,000

84 days on market

MLS® # C12766234

May 1, 2026

Terminated

Feb 6, 2026

Listed For Sale

$1,049,900
Apr 20261 Listed | 0 Sold

14 days on market

MLS® # C12973798

Apr 22, 2026

Terminated

Apr 8, 2026

Listed For Sale

$1,050,000
Feb 20262 Listed | 1 Sold

2 days on market

MLS® # C12792468

Feb 26, 2026

Sold

Feb 17, 2026

Listed For Sale

$699,000

68 days on market

MLS® # C12610516

Feb 17, 2026

Terminated

Dec 8, 2025

Listed For Sale

$769,000

Waterfront Communities C1 Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.