199 Richmond St W 318 ()

Description

Downtown luxury meets investment potential this 1+den with two baths, Miele kitchen, and city-view balcony is steps from Torontos best dining, shopping, and entertainment, and is Airbnb-friendly with an AAA tenant in place until 2026.This stunning 1+den at 199 Richmond Street delivers style, comfort, and unbeatable location in the heart of downtown Toronto. Featuring a bright open layout with floor-to-ceiling windows, modern kitchen with Miele appliances, two full bathrooms, and an expansive balcony with vibrant city views, its perfect for both living and entertaining. The spacious den can easily function as a second bedroom or home office. Steps from world-class dining, shopping, entertainment, major teaching hospitals, University of Toronto, Union Station, and the Royal Alexandra Theatre. Currently leased to an AAA tenant until Feb 1, 2026, with building approval for short-term rentals and Airbnb, this is an exceptional opportunity for investors or end users seeking the ultimate urban lifestyle.

Features

Facing: North
Bedrooms: 1+1
Bathrooms: 2
Garages:
Kitchens: 1

Details

Space: 700-799
Maintenance: $ 803.00
Tax: $ 2980.89
C12545246
Listing contracted with: FOREST HILL REAL ESTATE INC.

Room	Size(M)	Description
Living Rm	5.52x3.38	Laminate, Combined w/Dining, Balcony
Dining Rm	5.52x3.38	Laminate, Combined w/Living, Window Floor to Ceil
Kitchen	5.52x3.38	Laminate, Combined w/Dining, Open Concept
Primary B	2.77x2.78	Laminate, 4 Pc Bath

Bathroom	Pieces	Level
1xBath	4 pcs
1xBath	3 pcs

Property Summary

Located close to the intersection of Richmond St W & University, #318-199 Richmond St W is a 1+1 bedrooms 2 washrooms Condo Apt. The unit comes with a Locker. The property has many nice features including Other. Living Room Rm, Dinning Room Rm, Kitchen and Primary B are on the Main floor.

Studio On Richmond

199 Richmond St W was developed by real estate developer Aspen Ridge. The age of the residential building is approximately 10 years. It has about 31 levels and 339 units. Studio On Richmond offers amenities such as Gym, Concierge, Media Room, Party/Meeting Room, Sauna, Rooftop Deck/Garden, Games Room, Billiard Room, Billiard Room and Airbnb Friendly Condo. The monthly maintenance fee includes Heat and Air Conditioning. There are total 4 units for sale and 6 for lease in 199 Richmond St W.