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$575,000
Available - For Sale
Listing ID: C13124866
199 Richmond Street West , Toronto, M5V 0H4, Toronto


Check out the 3D interactive virtual tour! This suite is currently tenanted at $2750/ month, and 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.Book your private showing today!
Price $575,000
Taxes: $2609.14
Assessment Year: 2025
Occupancy: Owner
Address: 199 Richmond Street West , Toronto, M5V 0H4, Toronto
Postal Code: M5V 0H4
Province/State: Toronto
Directions/Cross Streets: Richmond St West / University Ave
  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 Dining Ro 18.7 12.46 Combined w/Living, Combined w/Kitchen, Laminate
Room 3 Flat Kitchen 18.7 12.46 Open Concept, B/I Appliances, Laminate
Room 4 Flat Bedroom 9.84 8.86 3 Pc Ensuite, Double Closet, Large Window
Room 5 Flat Den 9.51 7.54 Sliding Doors, Laminate
Washroom Type No. of Pieces Level
Washroom Type 1 4 Flat
Washroom Type 2 3 Flat
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Flat
Washroom Type 7 3 Flat
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Sprinklers: Conc
Washrooms: 2
Heat Type: Forced Air
Central Air Conditioning: Central Air
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Com - Condo Apartment
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Waterfront Communities C1
Style: Apartment
Lot Size: x 0.00()
Approximate Age:
Tax: $2,609.14
Maintenance Fee: $920.52
Beds: 1+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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