318 - 199 Richmond Street W

318 - 199 Richmond Street W
318 - 199 Richmond Street W
318 - 199 Richmond Street W
+17
1+1
 bed
2
 bath
0
 parking
731
 sqft
Condo Apt
* This unit size is calculated from property.ca data
$499,000
For Sale
92 days
 on site
$499,000
* This unit size is calculated from property.ca data
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Maintenance fees
$803.00
Locker
Owned
Exposure
N
Possession
Flexible
Price per sqft
$683
Taxes
$2,980.89 (2024)
Outdoor space
Balcony, Patio
Age of building
9 years old
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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.
Broker: FOREST HILL REAL ESTATE INC.
MLS®#: C12291683
Property details
Neighbourhood:
Parking:
No
Parking type:
-
Property type:
Condo Apt
Heating type:
Forced Air
Style:
Apartment
Ensuite laundry:
Yes
MLS Size:
700-799 sqft
Listed on:
Jul 17, 2025
Show all details
Rooms
NameSizeFeatures
Living Room
18.1 x 11.1 ft
Primary Bedroom
9.1 x 9.1 ft
Kitchen
18.1 x 11.1 ft
Show all
Instant estimate:
orto view instant estimate
$65,958
higher than listed price
i
High
$586,140
Mid
$564,958
Low
$541,296
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Included in Maintenance Fees

Air Conditioning
Common Element
Heat
Building Insurance
Parking
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About 318 - 199 Richmond Street W

318 - 199 Richmond Street W is a Toronto condo for sale. 318 - 199 Richmond Street W has an asking price of $499000, and has been on the market since July 2025. This 731 sqft condo unit has 1+1 beds and 2 bathrooms. 318 - 199 Richmond Street W resides in the Toronto Queen West neighbourhood, and nearby areas include Financial District, Grange Park, Alexandra Park and CityPlace.

Some good places to grab a bite are Jabistro, Little India Restaurant or Subway. Venture a little further for a meal at one of Queen West neighbourhood's restaurants. If you love coffee, you're not too far from Hot Black Coffee located at 245 Queen St W. Nearby grocery options: Independent City Market is a 3-minute walk.

Transit riders take note, 199 Richmond St W, Toronto is a short walk to the closest public transit Train Stop (Osgoode Station - Southbound Platform) with route Line 1 (yonge-university). If you're driving from 199 Richmond St W, you'll have easy access to the rest of the city by way of Gardiner Expressway as well, which is within a 4-minute drive