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404 - 199 Richmond Street W
For SaleStudio on RichmondEst Sell Timeframe 10 Days
$509,000
Price Cut: $523,000
1 Bed
1 Bath
0 Parking
438 SQFT
23 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$1,162/sqft
Maintenance Fees:
$463/mth
Taxes:
$1,899 (2023)
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
North
Possession Date:
May 1, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Air Conditioning
Water
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- No
Room Dimensions
Room dimensions are not available for this listing.
About this Listing
Location: Steps to Subway Station. One Bedroom with Window. Fully refreshed home for self move in or investment! Beautiful city view. In TheHeart of The Entertainment District. Walk To Vibrant King & Queen St W, CN Tower, Rogers Centre, Air Canada Centre & Financial District. MinsWalk to Restaurant, TTC Street Car, Harbour Front, Toronto Aquarium & Fashion Area, Steps To The Underground P.A.T.H.
ExtrasStatus Certifcate available for reviewing.
living realty inc.MLS® #C8221608
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%
Price Trends
Building Trends At Studio on Richmond
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
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty 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
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|---|
Price Range | No Data | $551,000 - $650,000 | $800,000 - $813,500 | $941,000 | No Data | No Data | No Data |
Avg. Cost Per Sqft | No Data | $1,077 | $1,091 | $1,199 | No Data | No Data | No Data |
Price Range | $2,300 | $2,395 - $2,700 | $2,750 - $3,500 | $3,150 - $3,900 | $3,300 - $4,400 | $4,500 - $5,200 | No Data |
Avg. Wait for Unit Availability | 784 Days | 66 Days | 52 Days | 121 Days | 180 Days | 328 Days | No Data |
Avg. Wait for Unit Availability | 121 Days | 17 Days | 18 Days | 35 Days | 81 Days | 145 Days | No Data |
Ratio of Units in Building | 3% | 35% | 33% | 19% | 9% | 4% | 2% |
Maintenance Fees
Studio on Richmond vs The Queen West Area