Studio on richmond condo

for sale

$670,000

MLS#: C12534322
199 Richmond St West #418
District: Wellington Place
$2609.14 (PTAX)
$920.52 CONDO FEES
4th FLOOR
724 SQ FT
1 + 1 BEDROOMS
2 BATH
1 Underground Parking
1 Storage Locker
ENSUITE LAUNDRY
PRIVATE BALCONY
NORTH EXPOSURE

COMMUNITY

Located at Front and Spadina, this address places you steps from the Rogers Centre, CN Tower, Ripley’s Aquarium, TIFF Bell Lightbox, and the restaurants, cafés, and nightlife of King West. Daily conveniences such as grocery stores and LCBO are nearby, with easy access to transit, Union Station, and the Financial District. Drivers will appreciate quick connections to the Gardiner Expressway.

Enjoy the best of downtown living in a vibrant neighbourhood surrounded by entertainment, culture, and convenience.

LOCATED NEARBY

Rogers Centre
CN Tower
Metro Toronto Convention Centre
Union Station
Coffee Shops, Restaurants and Shops
Clarence Square
LCBO
Sobey’s Urban Fresh
The Well
+ Much More!

Property info

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.