In a downtown market crowded with just another one-bedroom-plus-den, this suite stands apart. 199 Richmond St W is one of the rare buildings where short-term rentals are permitted within condo guidelines -- an option that changes the math for investors and anyone who values flexibility in the Entertainment District, where the event calendar never stops. This unit packs a lot into 724 sq ft: a fully enclosed den with sliding doors functions as a real second bedroom or quiet office, and two full bathrooms make shared living, hosting, or maximizing nightly rental rates practical. The kitchen is streamlined along one wall with built-in Miele appliances and a panelled fridge and dishwasher, leaving true space for living and dining; nearly nine-foot ceilings and a wall of windows open it up, and a covered, full-width balcony stays private and usable year-round. The primary bedroom offers natural light and a double closet. A pantry-style closet off the living area helps keep everyday clutter in check. Parking and a locker are included -- serious value in this location. Outside, Osgoode Station is minutes away; Queen and King West, Roy Thomson Hall, Rogers Centre, and standout restaurants are an easy walk. When you want calm, the building's green second-floor terrace, rooftop BBQs, gym, yoga studio, billiards lounge, and party rooms feel like real extensions of home. Here, your monthly fees deliver more: parking, storage, premium amenities, and the freedom to generate income in ways most downtown condos don't allow. For investors, professionals, or parents looking for a turnkey condo with strong rental potential, this is a rare opportunity to secure a revenue-smart home in the heart of the city. What makes this listing even more compelling? It's priced well below the average price-per-square-foot for both the building and the neighbourhood -- real value in today's market, with added upside for savvy buyers ready to ride the next upswing. |
Price | $629,000 |
Taxes: | $3770.44 |
Occupancy: | Vacant |
Address: | 199 Richmond Stre West , Toronto, M5V 0H4, Toronto |
Postal Code: | M5V 0H4 |
Province/State: | Toronto |
Directions/Cross Streets: | Richmond/University |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Flat | Living Ro | 18.7 | 12.46 | Combined w/Dining, W/O To Balcony, Laminate |
Room 2 | Flat | Kitchen | 18.7 | 12.46 | Combined w/Kitchen, Combined w/Dining, B/I Appliances |
Room 3 | Flat | Primary B | 8.86 | 9.84 | 3 Pc Ensuite, Double Closet, Large Window |
Room 4 | Flat | Den | 9.51 | 7.54 | Laminate, Sliding Doors |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Flat |
Washroom Type 2 | 4 | Flat |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 3 | Flat |
Washroom Type 7 | 4 | Flat |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 3 | Flat |
Washroom Type 12 | 4 | Flat |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 | |
Washroom Type 16 | 3 | Flat |
Washroom Type 17 | 4 | Flat |
Washroom Type 18 | 0 | |
Washroom Type 19 | 0 | |
Washroom Type 20 | 0 | |
Washroom Type 21 | 3 | Flat |
Washroom Type 22 | 4 | Flat |
Washroom Type 23 | 0 | |
Washroom Type 24 | 0 | |
Washroom Type 25 | 0 | |
Washroom Type 26 | 3 | Flat |
Washroom Type 27 | 4 | Flat |
Washroom Type 28 | 0 | |
Washroom Type 29 | 0 | |
Washroom Type 30 | 0 | |
Washroom Type 31 | 3 | Flat |
Washroom Type 32 | 4 | Flat |
Washroom Type 33 | 0 | |
Washroom Type 34 | 0 | |
Washroom Type 35 | 0 |
Total Area: | 0.00 |
Washrooms: | 2 |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Elevator Lift: | True |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
BSPOKE REALTY INC. |
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Type: | Com - Condo Apartment |
Area: | Toronto |
Municipality: | Toronto C01 |
Neighbourhood: | Waterfront Communities C1 |
Style: | Apartment |
Tax: | $3,770.44 |
Maintenance Fee: | $920.52 |
Beds: | 1+1 |
Baths: | 2 |
Fireplace: | N |