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MLS® C13124866

Unit 418 - 199 Richmond St W

Toronto C01, ON M5V 0H4

$575,000

New this week

Bedrooms

2

Bathrooms

2

Size

700-799 sqft

Type

Apartment

Parking

1 spaces

Taxes (2025)

$2,609.14

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Description

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!

Price & Status History

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Property Details

Property TypeCondo Apartment
StyleApartment
CommunityWaterfront Communities C1
Rooms5
Kitchens1
Washrooms2
Square Feet700-799 sqft
Dir/Cross StRichmond St West / University Ave
ViewCity
ExposureNorth
Garage TypeUnderground
Garage Parking Spaces1
Total Parking Spaces1
ExteriorConcrete
BasementNone
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
Taxes (2025)$2,609.14
Maintenance Fee$920.52/Monthly
HSTIncluded In
LockerOwned
SecurityConcierge/Security
Listed Date5/13/2026
Days on Market6 days

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MLS® #C13124866

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