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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# C12906098Waterfront Communities C1, Toronto · M5V 0H4
For SaleCondo Apartment

199 Richmond Street W, Unit 418

$599,000
1 Bed2 Bath750 sqft$799/sq ft19d on market
Studio on Richmond CondosbyAspen Ridge Homes
MLS# C12906098Waterfront Communities C1, Toronto · M5V 0H4
For SaleCondo Apartment

199 Richmond Street W, Unit 418

Studio on Richmond CondosbyAspen Ridge Homes

$599,000

$799/sq ft· Bldg avg $909/sq ft · 19 days on market

Bedrooms
1 Bed
Bathrooms
2 Bath
Size (MLS Range)
700-799 sq ft
Parking
1 Underground
Locker
Owned
Virtual Tour

Listing History — This Unit

Mar 21, 2026(19d ago)
For Sale

$599,000

700-799 sqft·19 DOM
RIGHT AT HOME REALTY·MLS# C12906098
Current

About This Listing

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.

Amenities

Community BBQGame RoomGymParty Room/Meeting RoomRecreation RoomSauna

Property Details

MLS NumberC12906098
Property TypeCondo Apartment
StyleApartment
Listing TypeFor Sale
StatusActive
Bedrooms1 Bed
Bathrooms2
Size700-799 sq ft
Year Built2018
ExposureNorth
Parking Spaces1
Parking TypeUnderground
LockerOwned
Maintenance Fee$920.52/mo
Property Tax$2,609.14/yr
Days on Market19
Listed2026-03-21
CommunityWaterfront Communities C1
MunicipalityToronto
Cross StreetRichmond Street West / University Ave
Studio on Richmond Condos

Studio on Richmond Condos

Red Bricks Data

by Aspen Ridge Homes · 199 Richmond Street West

31 Storeys337 SuitesCompleteWalk 100Transit 100

Maint. Fees

0.55

Parking

$50,000

Locker

$4,000

Occupancy

2015

Live MLSFor Sale: 8 · $909/sqftFor Rent: 9 · $4.29/sqft
View full building profile

Location & Scores

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Listing provided by RIGHT AT HOME REALTY

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 8, 2026 at 03:43 a.m.