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518 199 Richmond Street W
Waterfront Communities C1 Toronto M5V 0H4

$629,000
Residential Condo & Other beds: 1+1 baths: 2.0

Main Photo: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 1: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 2: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 3: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 4: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 5: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 6: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 7: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 8: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 9: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 10: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 11: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 12: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 13: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 14: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 15: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 16: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 17: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 18: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 19: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 20: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 21: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 22: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 23: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 24: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 25: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 26: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 27: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 28: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 29: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 30: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 31: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 32: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 33: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 34: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 35: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 36: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 37: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 38: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 39: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 40: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Photo 41: 518 199 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12352078
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12352078
Bedrooms:
1+1
Bathrooms:
2
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 short-term rentals (rare!), 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.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
700-799
Exposure:
North
Bedrooms:
1+1
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
1
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
5
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Type:
Owned
Parking Spaces:
0
Total Parking Spaces:
1.0
Parking Spot #1:
9
Locker Number:
93
Locker Level:
A
Locker Unit:
93
Locker:
Owned
Family Room:
No
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$920.52
Maintenance fees include:
Heat Included, Common Elements Included, Parking Included, Building Insurance Included
Taxes:
$3,770.44 / 2025
Assessment:
$- / -
Toronto C01
Waterfront Communities C1
Toronto
Hospital, Public Transit, School
Built-In Oven, Carpet Free, Countertop Range, Storage Area Lockers
Restricted
None.
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.
None.
Concrete
Yes
Floor
Type
Size
Other
Flat
Living Room
18'8" × 12'6"
Combined w/Dining, W/O To Balcony, Laminate
Flat
Kitchen
18'8" × 12'6"
Combined w/Kitchen, Combined w/Dining, B/I Appliances
Flat
Primary Bedroom
9'10" × 8'10"
3 Pc Ensuite, Double Closet, Large Window
Flat
Den
9'6" × 7'6½"
Laminate, Sliding Doors
Energy Certification:
No
Green Property Information Statement:
No
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Ensuite Laundry:
No
Laundry Access:
Ensuite
Condo Corporation Number:
2517
Property Management Company:
ICC Property Management Ltd. - (647) 347-4283
Building Name:
Studio on Richmond
Date Listed:
Aug 19, 2025
Original Price:
Previous Price:
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Listed by BSPOKE REALTY INC.
Data was last updated August 24, 2025 at 07:15 PM (UTC)
Area Statistics
Listings on market:
826
Avg list price:
$689,000
Min list price:
$339,900
Max list price:
$22,500,000
Avg days on market:
47
Min days on market:
1
Max days on market:
711
These statistics are generated based on the current listing's property type and located in Waterfront Communities C1. Average values are derived using median calculations. This data is not produced by the MLS® system.
JARROD  ARMSTRONG
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.