$499,000Asking Price
199 Richmond Street W 318, Toronto C01, ON M5V 0H4 #318
Entertainment District, 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.
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.
See MoreKey Info
- Apartment Condo
- No Parking
- No Garage
- Richmond St W & University
- 700-799 Approximate Sq Feet
- North Exposure
- Open Balcony
- No Ensuite Laundry
- Owned Locker
- Forced Air Gas Heating
- Central Air
Property
- $803 Monthly Condo Fees
- Includes: Central A/C, Common Elements, Building Insurance.
- Excludes: Heat, Hydro, Water, Cable TV, Parking
- Taxes were $2,980 in 2024
- Possession: TBD
Details
- Concrete Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #2514
- Condo Registry Office: TSCC
- MLS #C12291683
- FOREST HILL REAL ESTATE INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 18.11' x 11.09' | Laminate, Combined with Dining, Open Concept |
 | 1 4-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Entertainment District, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 44.
Families
Kids Per Family
0.3
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
60%
of residents are
single and loving it.
60% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
62%
of residents
are renters.
62% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
83%
of residents are
university grads.
83% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$149K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Business | 26% |
| Management | 16% |
| Sciences | 12% |
| Government | 12% |
| Sales | 12% |
Immigrants
34%
of residents were
born outside of Canada.
34% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.8% from China
All-time
Birthplace - Recent
3.0% from China
Recent
Foreign Languages
Foreign Languages
| Mandarin | 4% |
| Cantonese | 4% |
| French | 3% |
| Persian | 3% |
| Spanish | 2% |
Religions
Religions
| Christian | 44% |
| Muslim | 5% |
| Hindu | 3% |
| Jewish | 2% |
| Buddhist | 2% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
