$629,000Asking Price
199 Richmond Street W 518, Toronto C01, ON M5V 0H4 #518
Entertainment District, 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.
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.
See MoreKey Info
- Apartment Condo
- 1 Parking
- Richmond/University
- 700-799 Approximate Sq Feet
- North Exposure
- Open Balcony
- No Ensuite Laundry
- Owned Locker #93
- Forced Air Gas Heating
- Central Air
Property
- $920 Monthly Condo Fees
- Includes: Heat, Water.
- Excludes: Hydro, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $3,770 in 2025
- Possession: Immediate
Details
- Elevator
- Concrete Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #2517
- Condo Registry Office: TSCC
- MLS #C12352078
- BSPOKE REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Flat | 18.70' x 12.47' | Combined with Kitchen, Combined with Dining, Built-in Appliances |
| 2 | Den | Flat | 9.51' x 7.55' | Laminate, Sliding Doors |
 | 1 3-Piece Bathroom in Flat | |||
| 1 4-Piece Bathroom in Flat | |||
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.
