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Apartment for sale: 418 - 199 RICHMOND STREET W, Toronto
418 - 199 Richmond Street W
$575,000
Toronto , Ontario M5V0H4
2 bed
2 bath
About the Property

Richmond St West / University Ave 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! (id:27476)

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Property Details
MLS® Number
C13124866
Type
Single Family
Community Name
Waterfront Communities C1
Maintenance Fee
$920.52
Ownership Type
Condominium/Strata
Parking Space Total
1
Building
Building Type
Apartment
Square Footage
700 - 799 sqft
Bathrooms Total
2
Bedrooms Above Ground
1
Bedrooms Total
2
Amenities
Security/Concierge, Exercise Centre, Party Room, Sauna, Storage - Locker Hospital, Park, Public Transit
Exterior Finish
Concrete
Fireplace Present
No
Basement Type
None
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning
Room Layout
Living room
Flat
5.7 m x 3.8 m
Dining room
Flat
5.7 m x 3.8 m
Kitchen
Flat
5.7 m x 3.8 m
Bedroom
Flat
3 m x 2.7 m
Den
Flat
2.9 m x 2.3 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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$575,000 - 418 - 199 RICHMOND STREET W, Toronto Ontario M5V 0H4, Canada | Real Estate For Sale | HomeAds.ca

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Updated July 1st 2026 8:54 pm

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