Unknown for 199 Richmond St #318, Toronto Ontario M5V 0H4
Re-listed 20 days ago

199 Richmond St #318, Toronto, Ontario M5V 0H4

In the same building:
-
Condo
1 + 1
2
~700-799 sqft
$•••,•••
$649,900
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$6,499Cashback
Condo
1 + 1
2
~700-799 sqft

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Highlights

Property Estimate

Days on market20 days

Total days on market
427 days

Estimated valueNot available

Price/Sqft$871/sqft

Monthly cost

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CMA Subject Property

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+96

Properties sold*

$680K

Median sold price*

*Based on last 30 days

Description

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.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12471940
Community NameEntertainment District
Data SourceTRREB
Listing byFOREST HILL REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Dining

5.52 x 3.38

Laminate / Combined W/Living / Window Flr to Ceil

Kitchen

5.52 x 3.38

Laminate / Combined W/Dining / Open Concept

Primary

2.77 x 2.78

Laminate / 4 Pc Bath

Living

5.52 x 3.38

Laminate / Combined W/Dining / Balcony


Features

Patio: Open
Balcony: Open

3Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
20 days on market
history photo preview20
Listing by trreb®

Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2024

31 days

2023

26 days

2022

24 days

New Listings

Past 30 days

200 listings

Compared to

2024

224 listings

2023

242 listings

2022

164 listings

Units sold

Past 30 days

60 units

Compared to

2024

96 units

2023

56 units

2022

75 units

Median Sold Price

Past 30 days

$723,500

Compared to

2024

$680,000

2023

$688,000

2022

$695,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

0 to 19
7%
20 to 34
57%
35 to 49
22%
50 to 64
9%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget