199 Richmond St W 2208

FOR SALE
$598,000
199 Richmond St W 2208, Downtown Toronto
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
199 Richmond St W 2208
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C8478644
MLSID
Contact Us
Property Description
Welcome To STUDIO 1, Located In The Heart Of Toronto's Entertainment And Financial District. Enjoy Stunning Night View Of The Toronto Skyline From The 22nd-Floor Balcony, With An Unobstructed, Sun-Filled West View. This Cozy 1 Bedroom Layout Is Designed For Maximum Functionality, Offering Enough Space For A Home Office. The Open Concept Design Features Floor-To-Ceiling Windows, A 9ft Ceiling, A Semi-Ensuite Bath, High-End Finishes, Miele Built-In Appliances, And Laminated Flooring. You'll Be Steps Away From Public Transit, Shops, And Restaurants, And Within Walking Distance To The PATH, Universities, Hospitals, And Everything Downtown Toronto Has To Offer. This Is A Fantastic Opportunity To Make This Unit Your Home!
Extras
The Building Offers Great Amenities, Including A 24 Hour Concierge, Gym, Guest Suites, Party/Meeting Room, Rooftop Garden, And More.
Nearby Intersections
Property Features
Clear View, Hospital, Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,435 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat9.91' x 10.53'Laminate, W/O To Balcony, West View
DiningFlat12.30' x 10.53'Combined W/Kitchen, Laminate
KitchenFlat12.30' x 10.53'B/I Appliances, Open Concept
Prim BdrmFlat9.94' x 9.38'Semi Ensuite, Laminate, Large Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
199 Richmond St W 2208 is a 1-bedroom 1-bathroom condo listed for sale at $598,000, which is $4,556 (0.8%) lower than the average sold price of $602,556 in the last 30 days (June 4 - July 3). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $11,644 (2.0%) compared to the previous 30 day period (May 5 - June 3) and down $37,604 (5.9%) from the same time one year ago.
Inventory Change
There were 1,805 1-bedroom condos listed in Downtown Toronto over the last 30 days (June 4 - July 3), which is up 3.7% compared with the previous 30 day period (May 5 - June 3) and up 29.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,692) (1.9%) below asking price over the last 30 days (June 4 - July 3), which represents a $4,642 decrease compared to the previous 30 day period (May 5 - June 3) and ($1,549) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (June 4 - July 3) stood at 28.4%, down from 32.4% over the previous 30 days (May 5 - June 3) and down from 72.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (June 4 - July 3), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Golconda Realty Inc.
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