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    Ph102 - 199 Richmond Street W

    For SaleStudio on Richmond
    $4,500,000
    3 Beds + 1
    3 Bath
    2 Parking
    3,300 SQFT
    37 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,364/sqft
    Maintenance Fees:
    $3,050/mth
    Taxes:
    $20,909 (2024)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    60/90 days
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Other
    Heating
    Heat Pump
    Ensuite Laundry
    No

    Room Dimensions

    Foyer
    Panelled, Built-in Closet, 2 Piece Bath
    17.06 x 9.19ft
    Family
    Marble Fireplace, Built-in Shelves, Built-In Speakers
    21 x 20.01ft
    Living
    Built-In Speakers, Open Concept, Ne View
    31.83 x 17.39ft

    About this Listing

    Everything one could want, and then some. Super bright and airy where natural finishes soothe & floor to ceiling windows showcase incredible city views. Enter into over 3,200 sq. Ft of living space, including 3 bedrooms, a family room, a den, 3 bathrooms, and an open living/dining room ideal for entertaining. The kitchen features all the right ingredients with Miele integrated appliances, a fabulous centre island and custom designed breakfast nook. For entertaining and relaxation, the private family room showcases a beautiful marble wall media unit with fireplace and Built-in ceiling speakers, ideal for movie nights. The primary bedroom harbours a sense of serene tranquility. Dramatically oversized, boutique like walk-in closet, and hotel style ensuite. Control 4 smart home technology allows you to control lighting, window shades, and music throughout allowing you to set the perfect mood. One of Two PH on the top floor. World-class entertainment, shopping, and dining are steps away.

    Extras2 Side By Side Parking | 2 Lockers | Control 4 Home Automation | Miele Integrated Appliances + Espresso Bar & Wine Fridge | Built-In Speakers | Automated Roller Blinds | Fireplace | 5 Balconies | 5 Star Amenities

    forest hill real estate inc.MLS® #C8173266


    Amenities

    Games Room
    Rooftop Deck
    Visitor Parking
    Concierge
    BBQ
    Media Room

    Nearby Amenities

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at Studio on Richmond spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    29th
    Highest price per SQFT out of 51 condos in the Queen West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    44
    Units were Rented over the past twelve months

    Best Value Rank

    Studio on Richmond offers the
    ?
    best value out of 51 condos in the Queen West neighbourhood

    Appreciation Rank

    Studio on Richmond has the
    ?
    highest ROI out of 51 condos in the Queen West neighbourhood

    Rental Yield

    Studio on Richmond yields the
    ?
    highest rent prices out of 51 condos in the Queen West neighbourhood

    High Demand

    Studio on Richmond is the
    ?
    most popular building out of 51 condos in the Queen West neighbourhood

    Transaction Insights at 199 Richmond Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$551,000 - $650,000$800,000 - $813,500$941,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$1,077$1,091$1,199No DataNo DataNo Data
    Avg. Wait for Unit Availability784 Days66 Days52 Days121 Days180 Days328 DaysNo Data
    Ratio of Units in Building3%35%33%19%9%4%2%

    Maintenance Fees

    Studio on Richmond vs The Queen West Area

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