2 Bedroom
2 Bathroom
700 - 799 ft2
Central Air Conditioning
Forced Air
$599,000Maintenance, Heat, Common Area Maintenance, Parking, Insurance
$920.52 Monthly
In a downtown market crowded with just another one-bedroom-plus-den, this suite stands apart. 199 Richmond St W is one of the rare buildings where short-term rentals are permitted within condo guidelines -- an option that changes the math for investors and anyone who values flexibility in the Entertainment District, where the event calendar never stops. This unit packs a lot into 724 sq ft: a fully enclosed den with sliding doors functions as a real second bedroom or quiet office, and two full bathrooms make shared living, hosting, or maximizing nightly rental rates practical. The kitchen is streamlined along one wall with built-in Miele appliances and a panelled fridge and dishwasher, leaving true space for living and dining; nearly nine-foot ceilings and a wall of windows open it up, and a covered, full-width balcony stays private and usable year-round. The primary bedroom offers natural light and a double closet. A pantry-style closet off the living area helps keep everyday clutter in check. Parking and a locker are included -- serious value in this location. Outside, Osgoode Station is minutes away; Queen and King West, Roy Thomson Hall, Rogers Centre, and standout restaurants are an easy walk. When you want calm, the building's green second-floor terrace, rooftop BBQs, gym, yoga studio, billiards lounge, and party rooms feel like real extensions of home. Here, your monthly fees deliver more: parking, storage, premium amenities, and the freedom to generate income in ways most downtown condos don't allow. For investors, professionals, or parents looking for a turnkey condo with strong rental potential, this is a rare opportunity to secure a revenue-smart home in the heart of the city. What makes this listing even more compelling? It's priced well below the average price-per-square-foot for both the building and the neighbourhood -- real value in today's market, with added upside for savvy buyers ready to ride the next upswing. (id:61594)
Property Details
|
MLS® Number
|
C12352078 |
|
Property Type
|
Single Family |
|
Community Name
|
Waterfront Communities C1 |
|
Amenities Near By
|
Hospital, Public Transit, Schools |
|
Community Features
|
Pets Allowed With Restrictions |
|
Features
|
Balcony, Carpet Free |
|
Parking Space Total
|
1 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
1 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
2 |
|
Amenities
|
Storage - Locker |
|
Appliances
|
Oven - Built-in, Range, All, 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
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Public Transit, Schools |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Flat |
Living 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 |
Primary Bedroom |
2.7 m |
3 m |
2.7 m x 3 m |
|
Flat |
Den |
2.9 m |
2.3 m |
2.9 m x 2.3 m |
https://www.realtor.ca/real-estate/28749546/518-199-richmond-street-w-toronto-waterfront-communities-waterfront-communities-c1
