Condo for sale at 1407-199 Richmond Street, Toronto, Ontario, M5V 0H4 - Waterfront Communities C1 - MLS: C13003958

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1407-199 Richmond Street

Toronto, Ontario, M5V 0H4 - Waterfront Communities C1

$588,000

Neighbourhood

Waterfront Communities C1
Major Intersection

Richmond St/Simcoe St

Listed Since: 13 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

600-699
Exposure

South West
Total Parking

1 Underground Garage
Maintenance

$831
Taxes

$3,243.00 (2025)
Balcony

Open

Property Description

Property description for 1407-199 Richmond Street, Toronto

Experience sophisticated downtown living in this bright and spacious corner 1-bedroom + den suite at Studio on Richmond. Featuring a highly sought-after layout, this unit offers breathtaking southwest city views, a private terrace with beautiful afternoon sunlight, and stunning sunsets. The open-concept design includes a modern European-style kitchen with quartz countertops and integrated appliances, 9-ft ceilings, and no wasted space. The versatile den is perfect for a home office. Includes 1 parking and 1 locker. Enjoy premium amenities and an unbeatable location, steps to transit, U of T, TMU, top dining, shopping, and the financial and entertainment districts-ideal for end-users or investors.

Listed by BEST UNION REALTY INC.

Property details

MLS #

C13003958
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Parking
Property Management

Icc Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C13003958
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Parking
Property Management

Icc Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

6.3 x 3.15 ft Flat level

Laminate, Open Concept, Balcony
Dining

6.3 x 3.15 ft Flat level

Combined W/Living, Laminate, Large Window
Kitchen

6.3 x 3.15 ft Flat level

Combined W/Dining, Laminate, B/I Appliances
Primary

3.48 x 3.05 ft Flat level

Semi Ensuite, Laminate, Sliding Doors
Den

2.44 x 2.29 ft Flat level

Laminate

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Condo Apt in Waterfront Communities C1

Active listings

679

Average Selling Price of a Condo Apt

March 2026

$712,626

Last 3 Months

$713,451

Last 12 Months

$735,670

March 2025

$819,917

Last 3 Months LY

$779,213

Last 12 Months LY

$780,368

Change

-13%

Change

-8%

Change

-6%

Historical Average Selling Price of a Condo Apt in Waterfront Communities C1

Average Selling Price

3 years ago

$791,077

Average Selling Price

5 years ago

$793,822

Average Selling Price

10 years ago

$473,655

Change

-10%

Change

-10%

Change

50%

Number of Condo Apt Sold

March 2026

115

Last 3 Months

101

Last 12 Months

111

March 2025

108

Last 3 Months LY

Last 12 Months LY

116

Change

10%

Change

-4%

How many days Condo Apt takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

10%

Change

14%

Change

15%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.