199 Richmond ST W #518 new

Toronto C01,ON M5V 0H4

$ 629000

2 Beds

2 Baths

- SqFt


Key Details

Property Type Condo

Sub Type Condo Apartment

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-799

Subdivision Waterfront Communities C1

MLS Listing ID C12352078

Style Apartment

Bedrooms 2

HOA Fees $920

Annual Tax Amount $3,770

Tax Year 2025

Property Sub-Type Condo Apartment

Property Description

In the heart of Toronto's Entertainment District, this unit combines prime downtown living with rare investment potential. This 1+den and 2 full bathroom condo allows legal short-term rentals (28-day minimum), giving you the freedom to offset carrying costs or create a high-demand furnished rental in one of the city's most connected locations. Steps to Osgoode Station, Queen West, King West, sports, concerts, theatres, and countless dining options. Inoside, 724 sq ft feels spacious with nearly 9-ft ceilings, a wall of windows, and a smart layout that puts the square footage where it counts: a fully enclosed den with sliding door that works as a private home office, guest room, or occasional second bedroom; two full baths for hosting ease and day-to-day convenience; and an extra pantry closet for streamlined living. The sleek, Eurpean-style kitchen features a built-in Miele oven and cooktop, paneled fridge, dishwasher, and microwave, all tucked neatly along one wall to maximize living and entertaining space. The full-sized primary bedroom offers a large window and double closet, while the large covered balcony provides a private, sheltered spot for fresh air, outdoor dining, or additional storage. Building amenities include a rooftop BBQ terrace, lush second-floor gardens, gym, yoga room, billiards, lounge, and party spaces. Parking and locker are included. A flexible, well-appointed home in a prime downtown location, perfect for end users and investors alike.

Location

Province ON

County Toronto

Community Waterfront Communities C1

Area Toronto

Rooms

Family Room No

Basement None

Kitchen 1

Separate Den/Office 1

Interior

Interior Features Built-In Oven,Carpet Free,Countertop Range,Storage Area Lockers

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 1.0

Exposure North

Total Parking Spaces 1

Balcony Open

Building

Story 5

Unit Features Hospital,Public Transit,School

Locker Owned

Others

Pets Allowed Restricted

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