
Unit 1407, 199 Richmond Street W
Toronto (Waterfront Communities), ON M5V 0H4
Studio on Richmond31 storeys, 317 suites, built 2016- 1+1Bedrooms
- 1Bathroom
- 1Parking
- 600–699Sq Ft
- $3,243Tax
- $845/moCondo Fee
- Estimated Value:$562,500See Free Estimate Report

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About Unit 1407, 199 Richmond Street W, Toronto, Waterfront Communities
Summarized Description
- Bright southwest-facing corner unit with stunning views.
- Modern kitchen with quartz countertops and integrated appliances.
- Open-concept layout with 9-ft ceilings and natural light.
- Versatile den suitable for office or guest room.
- Includes parking and locker for added convenience.
- Building offers 24-Hr concierge and fitness amenities.
- Located steps from TTC and downtown attractions.
Corner 1-Bedroom + Den Suite In The Heart Of Downtown Toronto At Studio Condo On Richmond. Featuring One Of The Most Sought-After Layouts In The Building, This Bright Southwest-Facing Unit Offers Stunning City Views, A Private Open Balcony With Gorgeous Afternoon Sunlight, And Floor-To-Ceiling Windows That Flood The Space With Natural Light. The Open-Concept Layout Showcases A Modern European-Style Kitchen With Quartz Countertops And Integrated Built-In Appliances, 9-Ft Ceilings, And A Functional Design With No Wasted Space. The Versatile Den Is Perfect As A Home Office Or Guest Room. Carpet-Free Throughout With Laminate Flooring. Ensuite Laundry. 1 Owned Underground Parking And 1 Owned Locker Included. Building Amenities Include 24-Hr Concierge, State-Of-The-Art Fitness Centre, Outdoor Aqua Lounge, Steam Room, Dining Room, Billiards Lounge, And Party Room. Steps To TTC, U Of T, TMU, The Financial District, And The Best Of Downtown Dining And Entertainment.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,243
- Land Transfer Tax Fee
- $12,146
Condo/Maintenance Fee
- Maintenance Fee
- $845 /month
Included In Maintenance Fee
- Heat Included
- Parking Included
- Building Insurance Included
- Common Elements Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Interior Extras
- Carpet Free, Built-In Oven, Countertop Range
- Security Features
- Concierge/Security
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Concierge
- Gym
- Party Room/Meeting Room
- Sauna
- Rooftop Deck/Garden
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Condo Corp Number
- 2517
Construction
- Exposure
- South West
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Existing Blomberg Washer & Dryer, Miele Fridge, Built-In Miele Oven, Built-In Cooktop, Built-In Miele Dishwasher, Existing Light Fixtures, Existing Window Covering
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Owned
- Locker Number
- 59
- Locker Level
- A
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1 + 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Primary Bedroom—Flat level, Semi Ensuite, Laminate, Sliding Doors
- Living Room—Flat level, Laminate, Open Concept, Balcony
- Kitchen—Flat level, Combined w/Dining, Laminate, B/I Appliances
- Den—Flat level, Laminate
- Dining Room—Flat level, Combined w/Living, Laminate, Large Window
Washrooms
- 4-piece, Flat
- Municipality
- Toronto
- Neighbourhood
- Waterfront Communities
- Main cross streets
- Richmond St W/University Ave
- Directions
- Richmond St W/Simcoe
- MLS® number
- C13497612
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-29
- Listed on
- 2026-06-27
- Days on market
- 32 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + 0.5% Bonus if Sold Firm By July 23 2026
- Seller
- Listed by
- HOMELIFE LANDMARK REALTY INC.
Home Market Value
Current home valuation for Unit 1407, 199 Richmond Street W, Toronto, Waterfront Communities, Toronto, ON. Listed for $479,900
HOMEH Estimate
$562,500
Estimated Sales Range
$444,375 - $680,625
HOMEH Estimate for Unit 1407, 199 Richmond Street W, Toronto, Waterfront Communities
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$23,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,236 | $13,389 | $11,422 | $0 |
=Total mortgage | $474,141 | $445,299 | $419,337 | $383,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,315monthly | $2,174monthly | $2,047monthly | $1,874monthly |
Land Transfer Tax
$6,073
$6,073
$12,146
Around this home
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