199 Richmond St W 2301
Waterfront Communities C1, Downtown Toronto, M5V 0H4
FOR SALE
$860,000
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BEDROOMS1
BATHROOMS1
KITCHENS5 + 1
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Property Description
Discover urban living at its finest in this exceptional condominium nestled in the heart of the vibrant neighbourhood of Queen West. With 658 sq ft of meticulously designed space, including a spacious den, this hidden gem offers gorgeous downtown views through its panoramic floor-to-ceiling windows. Feel free to indulge in modern comforts like soaring 9 ft ceilings, built-in Miele appliances, double closets, and a 4 pc semi-ensuite. Step out onto the cozy balcony and soak in the rest of cityscape. Enjoy top-tier amenities such as a hot tub, sauna, rooftop garden, and gym. Experience the epitome of urban living in the heart of downtown Toronto right here in 'Studio On Richmond'.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-12-29 | 2023-01-19 | 22 | $2,900 | $2,900 | Leased |
| 2021-02-02 | 2021-02-09 | 7 | $738,000 | $780,000 | Sold |
| 2019-10-26 | 2019-10-31 | 5 | $2,450 | $2,550 | Leased |
Extras
199 Richmond St W Boasts a Walk Score of 99 and Transit Score of 100. Being nestled right on Richmond and University, this property is surrounded by hundreds of restaurants, retail shops, and entertainment centres.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,431 (2023)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B/10)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 12.01' x 16.31' | Open Concept, Combined W/Dining, Large Window |
| Dining | Flat | 12.01' x 16.31' | W/O To Balcony, Combined W/Living, Laminate |
| Kitchen | Flat | 12.01' x 16.31' | B/I Appliances, Modern Kitchen, Quartz Counter |
| Prim Bdrm | Flat | 10.01' x 10.86' | His/Hers Closets, 4 Pc Ensuite, Laminate |
| Den | Flat | 8.04' x 8.30' | Glass Doors, Large Window, Laminate |
| Bathroom | Flat | 5.51' x 8.33' | Semi Ensuite, 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
199 Richmond St W 2301 is a 1-bedroom 1-bathroom condo listed for sale at $860,000, which is $260,125 (43.4%) higher than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with On The Block
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