Description
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!
Features
- Facing: North

- Bedrooms: 1+1

- Bathrooms: 2

- Garages: 1

- Kitchens: 1

Details
- Space: 700-799

- Maintenance: $ 920.52

- Tax: $ 2609.14

- C13124866

- Listing contracted with: RIGHT AT HOME REALTY
| Room | Size(M) | Description | |
|---|---|---|---|
| Living Rm | 5.70x3.80 | Combined w/Dining, W/O To Balcony, Laminate |
|
| Dining Rm | 5.70x3.80 | Combined w/Living, Combined w/Kitchen, Laminate |
|
| Kitchen | 5.70x3.80 | Open Concept, B/I Appliances, Laminate |
|
| Br | 3.00x2.70 | 3 Pc Ensuite, Double Closet, Large Window |
|
| Den | 2.90x2.30 | Sliding Doors, Laminate |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 4 pcs | Flat |
|
| 1xBath | 3 pcs | Flat |
Property Summary
Located close to the intersection of Richmond St West and University, #418-199 Richmond St W is a 1+1 bedrooms 2 washrooms Condo Apt. The unit has a Single Underground Parking Space with a Locker. The property has many nice features including Carpet Free. .Studio On Richmond
199 Richmond St W was developed by real estate developer Aspen Ridge. The age of the residential building is approximately 11 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 7 units for sale and 5 for lease in 199 Richmond St W.School Information
- Ogden Junior Public School (Grade:JK-6) 1119/3037
- Ryerson Community School (Grade:JK-8) 2413/3037
- Harbord Collegiate Institute (Grade:9-12) 163/739
- St. Mary Catholic School (Grade:JK-8) 1683/3037
- Lord Lansdowne Junior Public School (Grade:0-6) 548/3037
- King Edward Junior and Senior Public School (Grade:JK-8) 1119/3037
- Ryerson Community School (Grade:JK-8) 2413/3037
Commute Information
Osgoode Subway Station (0.2km)Union Go Train Station (0.8km)





















