For Sale

199 Richmond Street Unit# 418, Toronto C01, Ontario M5V 0H4

$599,000

199 Richmond Street Unit# 418, Toronto C01, Ontario M5V 0H4 is For Sale and has a listing price of 599,000. The property is located in the Toronto C01 . It's been on the website for 1 Day.

  • 2
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: C12906098
  • Office Name RIGHT AT HOME REALTY
Property 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.

Property Details
  • Property Type: Condo
  • Listing Type: For Sale
  • Listing ID: C12906098
  • Price: $599,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Ref ID: C12906098
  • Approx Sqft: 700-799
  • Dir / Cross St: Richmond Street West / University Ave
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 6-10
  • Property Sub Category: Condo
Price History
List Date MLS ID List Price Status End Date Closed Price
03/21/2026 C12906098 $599,000 For Sale - -
11/11/2025 C12534322 $670,000 Withdrawn 12/29/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C01
  • $956,777 Average List Price
    based on 1 year
  • 863 New Listings
    based on 30 days
  • 35 Median Days on Market
    based on 1 year
  • List vs. Selling Price 270.23 % Up
  • Sold (12mo) 733
  • Rented (12mo) 1,588

  • 1 Month Change -5.0%
  • 3 Month Change +101.5%
  • 6 Month Change -23.7%
Walkscore
  • 100 Walk Score
    Walker's Paradise
  • 100 Transit Score
    Rider's Paradise
  • 91 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    4.36%
  • Commercial
    4.18%
  • Condo
    91.46%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Apartment
  • Washroom Type1: 1
  • BuildingAmenities Gym, Recreation room, Sauna
  • Garage Type Underground
  • Parking Spaces: N/A
  • Exterior Concrete
  • Kitchen Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 1
  • Taxes: $2,609
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 21/03/2026 13:15:31
  • Laundry Access: Ensuite
  • Condo Registry Office: TSCC
  • Locker: Owned
  • Locker #: 170
  • Locker Level: A
  • Property Mgmt Co: ICC Property Management Ltd.
  • Condo Corp#: 2517
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