#418 199 Richmond Street - Photo 1
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Condo ApartmentActive

#418 199 Richmond Street

Toronto C01, ON M5V 0H4

$599,000

+ $920.52/mo maintenance

2

Bedrooms

2

Bathrooms

1

Kitchens

700-799

Sqft

1

Parking

About This Property

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

MLS® NumberC12906098
Property TypeCondo Apartment
StatusActive
TransactionFor Sale
BalconyEnclosed
ExposureNorth
GarageUnderground
LockerOwned
Heat SourceGas
Heat TypeForced Air
CoolingCentral Air
Building NameStudio on Richmond
Cross StreetRichmond Street West / University Ave
Annual Tax$2,609.14
Tax Year2025
Last UpdatedMarch 25, 2026

Interior Features

Carpet Free

Maintenance Fee Includes

Heat IncludedCommon Elements IncludedBuilding Insurance IncludedParking Included
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data provided by Toronto Regional Real Estate Board (TRREB). Not intended to solicit clients already under contract.

$599,000

+ $920.52/mo maintenance

Listed by: RIGHT AT HOME REALTY

Listing Info

MLS® #C12906098
CityToronto C01
Postal CodeM5V 0H4
UpdatedMarch 25, 2026
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#418 199 Richmond Street – $599,000 | Toronto C01 | Condlistto.ca