For Sale: 418-199 Richmond Street W, Toronto, ON - REW
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$575,000
1 + 1 bd 2 ba 700 - 799 sf Apt/Condo

418 - 199 W Richmond StreetToronto, ON, M5V 0H4

Waterfront Communities West
  • 1 + 1 Bed
  • 2 Bath
  • 700 - 799 Sqft
  • Apt/Condo

About this home

Check out the 3D interactive virtual tour! This suite is currently tenanted at $2750/ month, and 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.Book your private showing today!
Listed by: Conrad Rygier, Broker, RIGHT AT HOME REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2025
$2,609
Strata Maintenance Fees
$921
Home facts
Bedrooms
1 + 1
Full Bathrooms
2
Parking Spaces
1
Property Type
Apt/Condo
Exterior Finish
Concrete
Heating Type
Forced Air, Gas
Cooling
Central Air
Features
Arts Centre, Concierge/Security, Ensuite, Hospital, Park, Public Transit
Amenities
Building Insurance Included, CAC Included, Common Elements Included, Community BBQ, Concierge, Elevator, Gym, Party Room/Meeting Room, Sauna
Community
Agent details
Primary Agent
Primary Broker
RIGHT AT HOME REALTY
Listing details
Days on REW
30 Days
MLS® Number
C13124866
Source
Toronto Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Ogden Junior Public School
  • Public
  • JK - 6
Heydon Park Secondary School
  • Public
  • 9 - 12
Cornerstone Montessori Prep School - Toronto
  • Private
  • PS - 12
Beverley School
  • Public
  • JK - 8
Subway Academy II
  • Public
  • 9 - 12
Newton International College
  • Private
  • 9 - 12
Youthdale Schools
  • Private
  • 1 - 12
Orde Street Public School
  • Public
  • JK - 8
St Michael's Choir Junior School
  • Catholic
  • 1 - 8
Ronald McDonald House Charities Toronto
  • Private
  • JK - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-11.