$629,000
3.98 BTC
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199 Richmond Street 518, Toronto
$629,000
PRICE
1 + 1
BEDROOMS
2
BATHROOMS
C12352078
MLSID

199 Richmond Street 518, Toronto

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.
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Sold History

SOLD
21 March 2018
$660,000

Summary

Address
199 Richmond Street 518
MLSID
C12352078
Property Type
Condo Apartment
Property Category
Bedrooms
1 + 1
Bathrooms
2
Kitchens
1
Building
Studio on Richmond
Taxes (Annual)
$3,770.44
Tax Year
2025
Published
August 19, 2025
Days on Market
1 Days
Possession Type
Immediate
Possession Details
Immediate
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Inclusions

All appliances currently on the premises: Paneled fridge, built-in oven and cooktop, dishwasher and microwave, stacked washer/dryer. All attached light fixtures. All window coverings.

Exclusions

None.

Details

Property Features
Hospital, Public Transit, School
Bathroom 1
3-Piece Flat Level
Bathroom 2
4-Piece Flat Level
Parking Total
1
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
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with BSPOKE REALTY INC.
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