Five Nine On Richmond

1 - About Five Nine On Richmond

• Address: 533 Richmond St W, Toronto
• Neighbourhood: Waterfront Communities C1, Downtown
• Storeys: 9
• Units: 51
• Built Year: 2007
• Builder: 59 Developments
• Building Type: Mid-Rise Condo/Loft
• Suite Sizes: 476 sqft - 1983 sqft
• Average Price: $917 / sq. ft.

Five Nine On Richmond is a purpose-built mid-rise loft completed in 2007, representing a contemporary approach to industrial-style living. Unlike many heritage conversions, this is a ground-up development designed to capture the loft aesthetic through modern construction. The boutique building houses 51 units across nine storeys, utilizing glass, steel, and exposed concrete to create an industrial appearance that complements downtown Toronto's urban landscape.

The building's most distinctive feature is its "floating" penthouse that projects from the main structure, creating a unique architectural silhouette while providing expansive terrace spaces for upper-level residents.

2 - Suite Sizes & Value

Suites range from compact 476-square-foot units to expansive 1,983-square-foot two-storey penthouses. The interiors embrace open-concept loft design with 9-foot exposed concrete ceilings and generous floor plans that maximize natural light and spatial volume.

At $917 per square foot, the pricing reflects the building's boutique scale and quality interior specifications. The variety of suite sizes accommodates different lifestyle needs, from single professionals seeking efficient urban living to residents requiring multi-level layouts with private outdoor space.

3 - Building Amenities & Features

• Parking and Storage: Underground parking with optional car-stacking system, visitor parking, and individual storage lockers
• Kitchen and Outdoor Spaces: Gas ranges in all kitchens with dedicated gas lines extending to private balconies and terraces for outdoor cooking
• Interior Design Elements: 9-foot exposed concrete ceilings throughout units and sliding barn-style doors for flexible space division
• Technology Infrastructure: Ceiling-mounted speakers integrated into bathrooms and comprehensive high-speed wiring throughout suites
• Climate Systems: Individual climate control systems allowing personalized temperature management in each unit

4 - Location Highlights

• Transit: Perfect 100/100 Transit Score with direct access to Queen, Spadina, and Bathurst streetcar lines, plus proximity to the future Ontario Line station and Gardiner Expressway
• Shopping and Services: Walking distance to Waterworks Food Hall, the Ace Hotel, and Loblaws for daily conveniences
• Dining Scene: Surrounded by popular establishments including Lo Zingaro Pizzeria, Early Bird Espresso & Brew Bar, Jimmy's Coffee, and La Merceria
• Green Spaces: Easy access to parks and urban green corridors throughout the King West and Queen West neighborhoods

5 - Lifestyle Near Five Nine On Richmond

The building sits strategically between the Entertainment District and Queen West, earning an exceptional 99 Walk Score. This location provides seamless access to King West's vibrant nightlife scene while remaining close to Queen West's independent boutiques, galleries, and cultural venues.

Residents enjoy a highly walkable environment that supports an urban lifestyle centered around arts, culture, and dining. The neighborhood perfectly balances professional downtown living with creative community energy.

6 - About the Developer

59 Developments specializes in design-focused urban residential projects, emphasizing contemporary architecture and thoughtful integration of technology within boutique-scale buildings. Their development philosophy centers on creating high-quality living environments while maintaining reasonable ongoing costs for residents.

The company's approach prioritizes sophisticated interior finishes and building systems that support premium urban living standards for their residents.