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418 - 199 RICHMOND STREET W, Toronto (Waterfront Communities)
2026-05-14
Quick Summary
MLS®#C13124866
Property Description
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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Hospital, Park, Public Transit
Building
- Amenities: Security/Concierge, Exercise Centre, Party Room, Sauna, Storage - Locker
- Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Washer, Window Coverings, Refrigerator
- Basement Type: None
- Cooling Type: Central air conditioning
- Exterior Finish: Concrete
- Fireplace: No
- Flooring Type: Laminate
- Interior Size: 700 - 799 sqft
- Building Type: Apartment
Features
- Feature: Elevator, Balcony, Carpet Free
Maintenance Fee
- Maintenance Fee: 920.52
Ownership
- Type: Condominium/Strata
Information entered by RIGHT AT HOME REALTY
Listing information last updated on: 2026-05-13 21:40:06
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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