41
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$629,000
Est. payment /mo
2 Beds
2 Baths
New
199 Richmond ST W #518 Toronto C01, ON M5V 0H4
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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
Listed by BSPOKE REALTY INC.