199 Richmond Street W 418, Toronto, ON M5V 0H4
Toronto C01, ON, M5V 0H4 · Waterfront Communities C1
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