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418 199 Richmond Street W

Waterfront Communities C1 Toronto M5V 0H4

$599,000

Residential Condo & Other beds: 1+1 baths: 2.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

C12906098

Bedrooms:

1+1

Bathrooms:

2

• Photos (13)

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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.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Approx. Age:

6-10

Total Approx Floor Area:

700-799

Exposure:

North

Bedrooms:

1+1

Bathrooms:

2.0

Kitchens:

1

Bedrooms Above Grade:

1

Bedrooms Below Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

5

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

4

Balcony:

Enclosed

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

None

Parking Type:

Owned

Parking Spaces:

0

Total Parking Spaces:

1.0

Parking Spot #1:

13

Locker Number:

170

Locker Level:

A

Locker:

Owned

Family Room:

No

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$920.52

Maintenance fees include:

Heat Included, Common Elements Included, Building Insurance Included, Parking Included

Taxes:

$2,609.14 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C01

Listing Sub-Area:

Waterfront Communities C1

Property Features / Area Influences:

Arts Centre, Public Transit, Hospital, Park

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Inclusions:

All existing appliances, including panelled fridge, built-in oven and cooktop, dishwasher, microwave, and stacked washer/dryer. All existing light fixtures and window coverings included.

Exterior Finish:

Concrete

Building Amenities:

Community BBQ, Game Room, Gym, Party Room/Meeting Room, Recreation Room, Sauna

View:

City

Room Information:

Floor

Type

Size

Other

Flat

Living Room

18'8"5.69 m × 12'6"3.81 m

Combined w/Dining, W/O To Balcony, Laminate

Flat

Dining Room

18'8"5.69 m × 12'6"3.81 m

Combined w/Living, Combined w/Kitchen, Laminate

Flat

Kitchen

18'8"5.69 m × 12'6"3.81 m

Open Concept, B/I Appliances, Laminate

Flat

Bedroom

9'10"3.00 m × 8'10"2.69 m

3 Pc Ensuite, Double Closet, Large Window

Flat

Den

9'6"2.90 m × 7'6½"2.30 m

Sliding Doors, Laminate

Other Details:

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Ensuite

Laundry Level:

Main Level

Business Info:

Condo Corporation Number:

2517

Property Management Company:

ICC Property Management Ltd.

Building Name:

Studio on Richmond

Listing Info:

Date Listed:

Mar 21, 2026

Original Price:

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Previous Price:

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• 
  Living / Dining Room
• 
  Living / Dining Room
• 
  Kitchen
• 
  Living / Dining Room / Kitchen
• 
  Bedroom
• 
  Den
• 
  Bathroom #1
• 
  Balcony
• 
  199 Richmond St West
• 
  199 Richmond St West
• 
  199 Richmond St West
• 
  Bathroom #2
• 
  199 Richmond St West

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Listed by RIGHT AT HOME REALTY

Data was last updated March 21, 2026 at 04:15 PM (UTC)

Area Statistics

Listings on market:

609

Avg list price:

$660,000

Min list price:

$349,900

Max list price:

$22,500,000

Avg days on market:

32

Min days on market:

1

Max days on market:

681

These statistics are generated based on the current listing's property type and located in Waterfront Communities C1. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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