2 Bedrooms Condo at 199 Richmond, Toronto For sale

  • $670,000
#418 - 199 Richmond Street, Toronto, ON M5V 0H4
  • C12534322
  • MLS Number
  • Condo Apartment
  • Condo Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 700-799
  • Sq. Ft.
For Sale
2 Bedrooms Condo at 199 Richmond, Toronto For sale
#418 - 199 Richmond Street, Toronto, ON M5V 0H4
  • $670,000

Listing 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.

Street Address

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  • Address #418 - 199 Richmond Street, Toronto, ON M5V 0H4
  • City Toronto City MLS Listings
  • Postal Code M5V 0H4
  • Area Waterfront Communities Condo For Sale

Other Details

Updated on November 11, 2025 at 9:20 pm
  • MLS Number: C12534322
  • Asking Price: $670,000
  • Condo Size: 700-799 Sq. Ft.
  • Bedrooms: 2
  • Bathrooms: 2
  • Condo Type: Condo Apartment
  • Listing Status: For Sale

Additional Details

  • Building Name: Studio on richmond
  • Heating: Forced air
  • Cooling: Central air
  • Basement: None
  • PropertySubtype: Condo apartment
  • Garage Type: Underground
  • Tax Annual Amount: $2,609.14
  • Balcony Type: Enclosed
  • Maintenance Fees: $921
  • ParkingTotal: 1
  • Pets Allowed: Yes-with restrictions
  • Maintenance Fees Include: Heat included, common elements included, building insurance included, parking included
  • Architectural Style: Apartment
  • Exposure: North
  • Kitchens Total: 1
  • HeatSource: Gas
  • Tax Year: 2025
Listed By: Right at home realty

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