199 Richmond St #418, Toronto, Ontario M5V 0H4

In the same building:
-
Condo
1 + 1
2
~700-799 sqft
$670,000
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Condo
1 + 1
2
~700-799 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$898/sqft

Monthly cost

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+96

Properties sold*

$680K

Median sold price*

*Based on last 30 days

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.


Property Details

StyleApartment
ViewCity
Age of property6-10
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12534322
Community NameEntertainment District
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

5.7 x 3.8

Combined W/Dining / W/O To Balcony / Laminate

Dining

5.7 x 3.8

Combined W/Living / Combined W/Kitchen / Laminate

Kitchen

5.7 x 3.8

Open Concept / B/I Appliances / Laminate

Br

3.0 x 2.7

3 Pc Ensuite / Double Closet / Laminate


Features

Patio: Encl
Balcony: Encl

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


4Story
Amenities

Community BBQ, Concierge, Games Room, Gym, Sauna, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Date unavailable
ListedActive
$670,000
< 1h on market
history photo preview13
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