418 - 199 Richmond Street W Toronto, Ontario M5V 0H4

$670,000

Maintenance, Heat, Common Area Maintenance, Insurance, Parking

$920.52 Monthly

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. (id:61215)

Property Details

MLS® Number	C12534322
Property Type	Single Family
Community Name	Waterfront Communities C1
Amenities Near By	Hospital, Park, Public Transit
Community Features	Pets Allowed With Restrictions
Features	Balcony, Carpet Free
Parking Space Total	1
View Type	City View

Building

Bathroom Total	2
Bedrooms Above Ground	1
Bedrooms Below Ground	1
Bedrooms Total	2
Age	6 To 10 Years
Amenities	Security/concierge, Recreation Centre, Exercise Centre, Sauna, Party Room, Storage - Locker
Appliances	Cooktop, Dishwasher, Dryer, Microwave, Oven, Washer, Window Coverings, Refrigerator
Basement Type	None
Cooling Type	Central Air Conditioning
Exterior Finish	Concrete
Flooring Type	Laminate
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	700 - 799 Ft2
Type	Apartment

Parking

Underground
Garage

Land

Acreage	No
Land Amenities	Hospital, Park, Public Transit

Rooms

Level	Type	Length	Width	Dimensions
Flat	Living Room	5.7 m	3.8 m	5.7 m x 3.8 m
Flat	Dining Room	5.7 m	3.8 m	5.7 m x 3.8 m
Flat	Kitchen	5.7 m	3.8 m	5.7 m x 3.8 m
Flat	Bedroom	3 m	2.7 m	3 m x 2.7 m
Flat	Den	2.9 m	2.3 m	2.9 m x 2.3 m

https://www.realtor.ca/real-estate/29092461/418-199-richmond-street-w-toronto-waterfront-communities-waterfront-communities-c1