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199 Richmond Street W 418, Toronto, ON M5V 0H4

Toronto C01, ON, M5V 0H4 · Waterfront Communities C1

2 Beds
2 Baths
Sq Ft
Condo Apartment Type
C13124866 MLS#

About this property

Check out the 3D interactive virtual tour! This suite is currently tenanted at $2750/ month, and offers built-in income for buyers seeking a turnkey investment or a flexible downtown residence with strong rental appeal. In a market filled with one-bedroom-plus-den 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 724 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.Book your private showing today!

Features & Amenities

  • Garage: Underground
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: Apartment
  • Construction: Concrete
  • Exposure: North

Property Details

Property Type Residential Condo & Other
Property Sub-Type Condo Apartment
Architectural Style Apartment
Bedrooms 2
Bathrooms 2
Basement None
Garage Underground
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Annual Tax $2,609
Tax Year 2025
Association Fee $921 /

Interior Features

Interior Features
Carpet Free
Laundry Features
Ensuite

Exterior Features

Balcony Type
Enclosed

Building & Construction

Architectural Style
Apartment
Construction Materials
Concrete
Basement
None

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
Underground
Garage
Yes
Parking Spaces
0
Parking Total
1.00
Covered Spaces
1

Community & Neighborhood

Property Features
Arts Centre, Hospital, Park, Public Transit
Association Amenities
Community BBQ, Concierge, Gym, Elevator, Party Room/Meeting Room, Sauna
Association Name
TSCC

Financial & Tax

Tax Annual Amount
$2,609
Tax Year
2025
Association Fee
$921
Association Fee Includes
Heat Included, Common Elements Included, CAC Included, Building Insurance Included, Parking Included
Possession Type
Flexible

Room Details

Rooms Above Grade
5
Kitchens Above Grade
1
Kitchens Total
1
Bedrooms Above Grade
1
Bedrooms Below Grade
1

Additional Details

Occupant Type
Owner
Exposure
North
County Or Parish
Toronto
Cross Street
Richmond St West / University Ave
Directions
Richmond St West / University Ave
Special Designation
Unknown
Showing Requirements
Lockbox

Location

199 Richmond Street W 418, Toronto, ON M5V 0H4, Toronto C01, ON, M5V 0H4

Listing courtesy of RIGHT AT HOME REALTY
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