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418 - 199 RICHMOND STREET W, Toronto (Waterfront Communities), Ontario, M5V0H4

MLS: C12906098 | Apartment (Condo)

$599,000

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Property Description

Take a full 3D interactive virtual tour of this suite and explore every detail from home. Currently tenanted at $2,750 per month, this 1+ Den condo offers built-in income for buyers seeking a turnkey investment or a flexible downtown residence with strong rental appeal. In a market filled with listings, this suite stands apart. Located in the sought-after Studio on Richmond by Aspen Ridge Homes, it is one of the few downtown buildings that allows short-term rentals within condo guidelines - an advantage that expands options for both investors and end users.The 731 square foot layout is exceptionally functional, with an enclosed den featuring sliding doors that can serve as a second bedroom or private office, and two full bathrooms ideal for shared living or hosting. The kitchen is streamlined along one wall with built-in Miele appliances, a panelled fridge and dishwasher, and generous space for dining and living. Nearly nine foot ceilings and floor-to-ceiling windows fill the suite with natural light, while a full-width covered balcony remains private and usable year-round. The primary bedroom includes a double closet, and a pantry-style closet off the living area keeps clutter out of sight. Parking and a locker are included, adding real value in this prime location. Outside your door, Osgoode Station is only minutes away. Queen and King West, Roy Thomson Hall, Rogers Centre, and many of Toronto's top restaurants are within easy reach. When you want calm, enjoy the building's resort-style amenities, including a green second - floor terrace, rooftop BBQs, gym, yoga studio, billiards lounge, party rooms, and lightning fast FibreStream Internet.This is a revenue smart opportunity in one of downtown Toronto's most vibrant and desirable neighbourhoods. (id:64974)

Directions: Cross Streets: Richmond Street West / University Ave. ** Directions: South of Queen St W, West of University Ave.

Quick Facts

  • Property Type: Apartment (Condo)
  • Bedrooms: 2 (1 above, 1 below)
  • Bathrooms: 2
  • Ownership: Condo/Strata
  • Attached: Yes
  • Parking: 1.0 space (Garage, Underground)

Costs

  • Annual Taxes: $2,609.14
  • Condo/HOA Fee: $920.52 / monthly
  • Corp: ICC Property Management Ltd.
  • Includes: Common Area Maintenance, Heat, Insurance, Parking

Listing Provided by: RIGHT AT HOME REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Forced air, Natural gas
  • Cooling: Central air conditioning
  • Basement: None
  • Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave, Cooktop, Window Coverings
  • Flooring: Laminate

Exterior & Construction

  • Exterior: Concrete

Lot & Land

  • Features: Balcony, Carpet Free
  • View: City view

Community & Neighbourhood

  • Community: Pets Allowed With Restrictions
  • Building: Storage - Locker, Exercise Centre, Recreation Centre, Party Room, Sauna
  • Neighbourhood: Waterfront Communities C1

Room Details (5 rooms)

Flat
Living room18'8" x 12'6" (233 ft²)
Dining room18'8" x 12'6" (233 ft²)
Kitchen18'8" x 12'6" (233 ft²)
Bedroom9'10" x 8'10" (87 ft²)
Den9'6" x 7'7" (72 ft²)

Listing Information

MLS® NumberC12906098
BoardToronto
Originating SystemToronto Regional Real Estate Board
BrokerageRIGHT AT HOME REALTY
Date ListedMarch 21, 2026
Last UpdatedMarch 25, 2026

Listing History

MLS listing activity for 418 - 199 RICHMOND STREET W, Toronto (Waterfront Communities), Ontario, M5V0H4 — dates reflect when changes were recorded in the DDF

DateDays on MarketPriceEventListing ID
🔄3/25/20264Status ChangedC12906098
3/21/20260$599,000Listed (For Sale)C12906098

Location & Neighborhood

📍418 - 199 RICHMOND STREET W, Toronto, Ontario, M5V0H4
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418 - 199 RICHMOND STREET W, Toronto (Waterfront Communities), Ontario, M5V0H4

ASAP
 
THU
16
Apr
FRI
17
Apr
SAT
18
Apr
SUN
19
Apr
MON
20
Apr
TUE
21
Apr
WED
22
Apr
MorningAfternoonEvening
BuyRealty.ca
[email protected]
416-639-1935
Ask a Question