Condo for sale at 418-199 Richmond Street, Toronto, Ontario, M5V 0H4 - Waterfront Communities C1 - MLS: C12906098

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418-199 Richmond Street

Toronto, Ontario, M5V 0H4 - Waterfront Communities C1

$599,000

Virtual Tour

Neighbourhood

Waterfront Communities C1
Major Intersection

Richmond Street West / University Ave

Listed Since: 32 day(s)
Last update: 27 day(s) ago

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

2
Square Feet

700-799
Exposure

North
Total Parking

1 Underground Garage
Maintenance

$921
Taxes

$2,609.14 (2025)
Balcony

Encl

Property Description

Property description for 418-199 Richmond Street, Toronto

Take a full 3D interactive virtual tour of this suite and explore every detail from home. Currently tenanted at $2,750 per month, this 1+ Den condo offers built-in income for buyers seeking a turnkey investment or a flexible downtown residence with strong rental appeal. In a market filled with 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 731 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.

Listed by RIGHT AT HOME REALTY

Property details

MLS #

C12906098
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

City
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

Main
Building Amenities

Community BBQ,Games Room,Gym,Party/Meeting Room,Recreation Room,Sauna
Maintenance Fee Includes

Heat, Parking
Property Management

ICC Property Management Ltd.
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 #

C12906098
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

City
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

Main
Building Amenities

Community BBQ,Games Room,Gym,Party/Meeting Room,Recreation Room,Sauna
Maintenance Fee Includes

Heat, Parking
Property Management

ICC Property Management Ltd.
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

5.7 x 3.8 ft Flat level

Combined W/Dining, W/O To Balcony, Laminate
Dining

5.7 x 3.8 ft Flat level

Combined W/Living, Combined W/Kitchen, Laminate
Kitchen

5.7 x 3.8 ft Flat level

Open Concept, B/I Appliances, Laminate
Br

3.0 x 2.7 ft Flat level

3 Pc Ensuite, Double Closet, Large Window
Den

2.9 x 2.3 ft Flat level

Sliding Doors, Laminate

Contact Manoj Kukreja

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

Property History

Property history for 418-199 Richmond Street, Toronto

This property has been sold 6 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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

Active listings

668

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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Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

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.