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Neil ODonnell

neil@everyavenue.ca +1(289) 682-9152

$ 670,000

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Active

199 Richmond ST W #418 Toronto C01, ON M5V 0H4

2 Beds

2 Baths

UPDATED:

Key Details

Property Type Condo

Sub Type Condo Apartment

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-799

Subdivision Waterfront Communities C1

MLS Listing ID C12534322

Style Apartment

Bedrooms 2

HOA Fees $920

Annual Tax Amount $2,609

Tax Year 2025

Property Sub-Type Condo Apartment

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 property 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.

Location

Province ON

County Toronto

Community Waterfront Communities C1

Area Toronto

Rooms

Basement None

Kitchen 1

Interior

Interior Features Carpet Free

Cooling Central Air

Inclusions All existing appliances, including paneled fridge, built-in oven and cooktop, dishwasher, microwave, and stacked washer/dryer. All existing light fixtures and window coverings included.

Laundry Ensuite

Exterior

Parking Features Underground

Garage Spaces 1.0

View City

Exposure North

Total Parking Spaces 1

Balcony Enclosed

Building

Building Age 6-10

Others

Virtual Tour https://mls.kuu.la/share/collection/7HlBs?fs=1&vr=1&sd=1&initload=0&thumbs=1

Lited by RIGHT AT HOME REALTY

Neil ODonnell

Broker

+1(289) 682-9152

Neil ODonnell

199 Richmond ST W #418 Toronto C01, ON M5V 0H4

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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199 Richmond ST W #418