$499,000
3.13 BTC
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199 Richmond Street 318, Toronto
$499,000
PRICE
1 + 1
BEDROOMS
2
BATHROOMS
C12291683
MLSID

199 Richmond Street 318, Toronto

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.
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Summary

Address
199 Richmond Street 318
MLSID
C12291683
Property Type
Condo Apartment
Property Category
Bedrooms
1 + 1
Bathrooms
2
Kitchens
1
Taxes (Annual)
$2,980.89
Tax Year
2024
Published
July 17, 2025
Days on Market
37 Days
Possession Type
Flexible
Possession Details
Tbd
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Details

Architectural Style
Apartment
Locker
Owned
Construction Materials
Concrete
Balcony Type
Open
Exposure
North
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with FOREST HILL REAL ESTATE INC.
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