Unknown for 199 Richmond St #318, Toronto Ontario M5V 0H4
Re-listed 28 days ago

199 Richmond St #318, Toronto, Ontario M5V 0H4

In the same building:
-
Condo
1 + 1
2
~700-799 sqft
$•••,•••
$499,000
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$7,485Cashback
Condo
1 + 1
2
~700-799 sqft

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Highlights

Property Estimate

Days on market28 days

Total days on market
340 days

Estimated valueNot available

Price/Sqft$668/sqft

Monthly cost

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CMA Subject Property

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+63

Properties sold*

$690K

Median sold price*

*Based on last 30 days

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.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12291683
Community NameEntertainment District
Data SourceTRREB
Listing byFOREST HILL REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

5.52 x 3.38

Laminate / Combined W/Dining / Balcony

Dining

5.52 x 3.38

Laminate / Combined W/Living / Window Flr to Ceil

Kitchen

5.52 x 3.38

Laminate / Combined W/Dining / Open Concept

Primary

2.77 x 2.78

Laminate / 4 Pc Bath


Features

Patio: Open
Balcony: Open

3Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

50 days

Compared to

2024

33 days

2023

22 days

2022

26 days

New Listings

Past 30 days

217 listings

Compared to

2024

276 listings

2023

197 listings

2022

166 listings

Units sold

Past 30 days

51 units

Compared to

2024

63 units

2023

74 units

2022

73 units

Median Sold Price

Past 30 days

$685,000

Compared to

2024

$690,000

2023

$790,000

2022

$750,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

0 to 19
7%
20 to 34
57%
35 to 49
22%
50 to 64
9%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget