Property Details

418-199 Richmond Street W, Toronto

$ 599,000

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.

Additional Details

  • MLS®
    C12906098
  • Unit No.
    418
  • Community
    Waterfront Communities C1
  • Approx Sq Ft
    700-799
  • Building Type
    Condo Apartment
  • Building Style
    Apartment
  • Taxes
    $2609.14 (2025)
  • Garage Space
    1
  • Garage Type
    Underground
  • Air Conditioning
    Central Air
  • Heating Type
    Forced Air
  • Kitchen
    1
  • Basement
    None
  • Pets Permitted
  • Condo Inclusives
    Heat Included, Hydro Included, Common Elem. Included , Cable TV Includeded, Condo Tax Included, Building Insurance Included, Water Included, CAC Included, Parking Included
  • Listing Brokerage
    RIGHT AT HOME REALTY

Features

Virtual Tour

Location

199 Richmond Street W , Toronto, ON M5V 0H4

Nearby Schools

Source: Schools information and student demographics
For further information and school ranking visit Fraser Institution and EQAO.

  Green Yellow Orange Red
Average student achievements (out of 100%) 100-76 75-60 60-40 40-0

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Listing Brokerage

  • RIGHT AT HOME REALTY

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Listing Data is provided courtesy of Toronto Real Estate Boards

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

B
Bobby Bakhtari, B.Des, M.Arch
Bobby Bakhtari, B.Des, M.Arch
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