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Apartment for sale: 318 - 199 RICHMOND STREET W, Toronto
318 - 199 Richmond Street W
$499,000
Toronto , Ontario M5V0H4
2 bed
2 bath
About the Property

Richmond St W & University Downtown luxury meets investment potential this 1+den with two baths, Miele kitchen, and city-view balcony is steps from Torontos best dining, shopping, and entertainment, and is Airbnb-friendly with an AAA tenant in place until 2026.This stunning 1+den at 199 Richmond Street delivers style, comfort, and unbeatable location in the heart of downtown Toronto. Featuring a bright open layout with floor-to-ceiling windows, modern kitchen with Miele appliances, two full bathrooms, and an expansive balcony with vibrant city views, its perfect for both living and entertaining.

The spacious den can easily function as a second bedroom or home office. Steps from world-class dining, shopping, entertainment, major teaching hospitals, University of Toronto, Union Station, and the Royal Alexandra Theatre. Currently leased to an AAA tenant until Feb 1, 2026, with building approval for short-term rentals and Airbnb, this is an exceptional opportunity for investors or end users seeking the ultimate urban lifestyle. (id:27476)

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Property Details
MLS® Number
C12291683
Type
Single Family
Community Name
Waterfront Communities C1
Maintenance Fee
$803.00
Ownership Type
Condominium/Strata
Building
Building Type
Apartment
Square Footage
700 - 799 sqft
Bathrooms Total
2
Bedrooms Above Ground
1
Bedrooms Total
2
Amenities
Storage - Locker
Exterior Finish
Concrete
Fireplace Present
No
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning
Room Layout
Living room
Main level
5.52 m x 3.38 m
Dining room
Main level
5.52 m x 3.38 m
Kitchen
Main level
5.52 m x 3.38 m
Primary Bedroom
Main level
2.77 m x 2.78 m
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: FOREST HILL REAL ESTATE INC.

$499,000 - 318 - 199 RICHMOND STREET W, Toronto Ontario M5V 0H4, Canada | Real Estate For Sale | HomeAds.ca

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Updated September 15th 2025 5:44 pm

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Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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