$ 592,500 $599,000
518 - 199 Richmond Street West
VT
Daycare University Supermarket Subway GoTrain

518 - 199 Richmond Street West

公寓
Toronto, Ontario M5V 0H4
1+1 2 1 1(1) 700-799 sqft
1+1 2 1 1(1)
700-799 sqft
$ 592,500
Sold
$ 599,000 Down -1.09%
Taxes $3,770 2025
Maintenance $921 / mo
Estimated Monthly Mortgage $1538
Estimated Closing Costs $--
Daycare University Supermarket Subway GoTrain

History

MLS®# C12352078

MLS®# C12352078

2025.11.11 Sold (-$6,500) $592,500
2025.10.21 Sold Cond. $599,000
2025.09.26 Price Change $599,000
2025.08.19 New (-$30,000) $599,000
2025.08.19 New $629,000

Other Records

2025.04.22 - 2025.07.04 MLS®# C12096098 Terminated $714,999
2025.04.14 - 2025.04.21 MLS®# C12081119 Terminated $729,999
2020.06.09 - 2020.07.03 Leased $2,450
2020.01.04 - 2020.01.04 Leased $2,915

Details

Interior Rooms
MLS®#
copy
Type
公寓
Style
Condo Apartment
Size (sqft)
700-799
Exposure
North
Lot Size
Contact Agent
Parking
1 Total Parking Spaces
1 Underground Garage
0 Parking Spaces
Last Update
2025-11-11
Possession Date
Immediate
Listing Date
2025-08-19
Basement
None
Fireplace
N
Heating
Gas
Air Conditioning
Central Air
Locker
Owned
Pet
Yes-with Restrictions
Condo Corporation
2517
Management Company
ICC Property Management Ltd. - (647) 347-4283
Broker
BSPOKE REALTY INC.
Room(s) Stories
Length x Width ( Size )
Descriptions
Living Room Flat
12.5ft x 18.7ft (233.1 ft2 ) 3.8m x 5.7m (21.7 m2 )
Kitchen Flat
12.5ft x 18.7ft (233.1 ft2 ) 3.8m x 5.7m (21.7 m2 )
Primary Bedroom Flat
9.8ft x 8.9ft (87.2 ft2 ) 3m x 2.7m (8.1 m2 )
Den Flat
7.5ft x 9.5ft (71.8 ft2 ) 2.3m x 2.9m (6.7 m2 )

About

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. All appliances currently on the premises: Paneled fridge, built-in oven and cooktop, dishwasher and microwave, stacked washer/dryer. All attached light fixtures. All window coverings.

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $3,770 2025 year
Community:Waterfront Communities C1
公寓Market Stat
Avg. Sold Price
$718,484.60
YoY -12.20 %
Avg. Rent
$2,841.91
YoY +1.06 %

Schools

JK - Grade12 University/College Daycare

Elementary (JK-G8)

Fraser Rank(2018) 993 / 3052 English
Fraser Rank(2018) 51 / 3052 Catholic English
Fraser Rank(2018) 161 / 3052 Catholic English
Fraser Rank(2018) 2026 / 3052 Catholic English French

Secondary (G9-G12)

Fraser Rank(2023) 142 / 747 Secondary English
Fraser Rank(2023) 478 / 747 Secondary English Gifted
Secondary
Secondary
Secondary
Fraser Rank(2023) 1 / 747 Secondary Catholic English
Fraser Rank(2023) 178 / 747 Secondary Catholic English
Fraser Rank(2023) 559 / 747 Secondary Catholic English
The Michener Institute - 740 m
222 St. Patrick Street, Toronto, Ontario Canada M5T 1V4
(416)596-3101
Ryerson University - 1.1 km
350 Victoria St, Toronto, ON M5B 2K3
(416)979-5000
La Cité collégiale - La Cité à Toronto 1.2 km
555, rue Richmond Ouest, bureau 301, Toronto, Ontario, M5V 3B1
Kinder College Early Learning Centre 小于100 m
218 Richmond Street West Toronto, ON M5V1V6
(416)479-0004

Neighbourhood

Subway Go Train Groceries
Osgoode line: Line 1:Yonge-University 187 m
St. Andrew line: Line 1:Yonge-University 314 m
St. Patrick line: Line 1:Yonge-University 565 m
Union line: Line 1:Yonge-University 742 m
Queen line: Line 1:Yonge-University 766 m
King line: Line 1:Yonge-University 804 m
Dundas line: Line 1:Yonge-University 940 m
Union Station Go Train Line:Milton Go Train Line:Lakeshore East Go Train Line:Lakeshore West Go Train Line:Stouffville Go Train Line:Richmond Hill Go Train Line:Kitchener Go Train Line:Barrie 856 m
Galleria Supermarket 1.7 km
558 Yonge St, Toronto, ON M4Y 1Y9
Galleria Supermarket 2.2 km
351 Bloor St W, Toronto, ON M5S 1W7
T&T Supermarket 3 km
222 Cherry Street, Toronto, ON. M5A 3L2
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