199 Richmond Street, Unit PH101, Toronto, ON

$2,799,900
MLS#:C13584150
4 beds
3 baths
3000-3249 sqft
2.0 parking
Residential Condo & Other
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Added:Jul 20, 2026(45 days ago)
Updated:Jul 21, 2026(44 days ago)
Last Checked:5 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium stone and other construction, this residence presents an exceptional opportunity offered at $2,799,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3000-3249 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Penthouse 01 at 199 Richmond presents a rare opportunity to own one of only two penthouse residences in this exceptionally well-positioned building within the heart of the entertainment district. This three-bedroom, three-bathroom suite offers a refined layout with thoughtful upgrades throughout, combining clean contemporary design with elevated materials and finishes. The custom kitchen is designed for both function and presentation, featuring built-in Miele appliances, a waterfall island, and a combination of Caesarstone, granite, and quartz surfaces, all anchored within open-concept living and dining spaces that frame expansive city views. The primary suite is positioned as a private retreat, offering generous proportions, a walk-in closet, and a well-appointed spa-inspired bathroom, complemented by a built-in bookcase that adds both character and utility. South and west exposures provide sweeping views across the lake, the Rogers Centre, and Roy Thomson Hall, bringing natural light into the suite throughout the day. Finished with engineered hardwood flooring, marble detailing, and custom vanities, this residence presents a well-executed penthouse opportunity with direct access to the city's dining, cultural, and entertainment offerings just steps from the front door.

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Property Summary

This condo apartment located at 199 Richmond Street, Toronto is currently for sale and has been available on SousaSells for 45 days. This property is listed at $2,799,900 with an estimated mortgage of $9,320* per month. It has 4 beds, 3 bathrooms, and is 3000-3249 square feet. 199 Richmond Street, Toronto is in the Waterfront Communities C1 neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Waterfront Communities C1, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •3000-3249 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Waterfront Communities C1, Toronto.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
3000-3249 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedJul 20, 2026 (45 days ago)
UpdatedJul 21, 2026 (44 days ago)
Last Checked5 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStone, Other
BasementNone
CountyToronto
Annual Tax$18,098.09

Parking & Garage

Parking Total2.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

  • Arts Centre
  • Hospital
  • Library
  • Park
  • Public Transit

Interior Features

  • Built-In Oven

Security Features

  • Concierge/Security

Community Features

None listed

Frequently Asked Questions about 199 Richmond Street, Unit PH101, Toronto, ON

Q.What is the asking price for 199 Richmond Street, Unit PH101, Toronto, ON ?

The current listing price for 199 Richmond Street, Unit PH101, Toronto, ON in Waterfront Communities C1, Toronto is $2,799,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 3 bathrooms across approximately 3000-3249 sqft.

Q.What property type and architectural style is 199 Richmond Street, Unit PH101, Toronto, ON ?

199 Richmond Street, Unit PH101, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 199 Richmond Street, Unit PH101, Toronto, ON offer?

Key property features include: Arts Centre, Hospital, Library, Park, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven.

Q.What security features are installed at 199 Richmond Street, Unit PH101, Toronto, ON ?

Security features include: Concierge/Security.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

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Location

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199 Richmond Street, Unit PH101, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Waterfront Communities C1, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–Ľ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Condo Complex Overview

199 Richmond Street West Condo

199 Richmond Street Toronto, Toronto

Built 20144.0 RatingView Building Page

199 Richmond Street West Condo: A Deep Architectural and Lifestyle Examination

Building Overview and Construction Era

The mid‑rise tower at 199 Richmond Street West emerged in 2014, delivering a contemporary take on downtown living. Developed by a reputable Toronto‑based firm, the structure combines glass curtain walls with a warm brick accent that softens the streetscape. The building’s façade reflects a deliberate effort to blend modern aesthetics with the historic character of the West End, a balance that resonates with both investors and end‑users seeking a refined yet approachable address.

Unit Layout and Finish Details

Floor plans range from compact one‑bedrooms to spacious three‑bedroom layouts, each designed with an open‑concept flow that maximizes natural light. Ceilings soar to nine feet, and floor‑to‑ceiling windows provide unobstructed views of the nearby park and the bustling King Street corridor. Finishes include quartz countertops, stainless‑steel appliances, and high‑gloss porcelain tiles that resist wear in high‑traffic areas. Acoustic insulation between units helps mitigate street noise, a notable advantage for residents who value tranquility after a busy day.

Amenities and Service Offerings

Residents enjoy a suite of on‑site amenities that elevate everyday life. A 24‑hour concierge desk manages package deliveries and visitor parking, while a state‑of‑the‑art fitness centre equipped with cardio machines and free weights caters to health‑focused lifestyles. The rooftop terrace features a landscaped garden, fire pits, and a lounge area that overlooks the neighbourhood, offering a private retreat without leaving the building. Pet‑friendly policies welcome cats and dogs, and a dedicated bike storage room supports sustainable commuting.

Location Advantages and Transit Connectivity

Positioned on the corner of Richmond and Spadina, the condo sits within walking distance of the TTC streetcar line that links directly to the downtown core. The nearest subway station, Spadina, is a short stroll away, providing rapid access to the Yonge‑University line. For commuters relying on GO services, the nearby Union Station is reachable via a brief bus ride. The surrounding area boasts a diverse culinary scene, from artisanal coffee shops to upscale restaurants, and offers easy access to green spaces such as Grange Park, enhancing the walk score for outdoor enthusiasts.

Maintenance Fees and Parking Realities

Monthly maintenance fees cover heat, water, and building insurance, while also funding the upkeep of shared amenities. Parking allocation includes one assigned spot per unit, with visitor parking available on a first‑come, first‑served basis in the underground garage. Residents have reported that the fees remain competitive compared to neighboring high‑rise buildings, making the property attractive to both owner‑occupiers and investors seeking stable cash flow.

Market Performance and Buyer Profile

Since its launch, units at 199 Richmond Street West have demonstrated resilient price appreciation, outpacing the average growth rate of the West End market. Historical sales data indicate that well‑maintained suites retain value even during market corrections, a testament to the building’s solid construction and desirable location. The typical buyer profile includes young professionals seeking a walkable lifestyle, downsizers looking to downsize without sacrificing amenities, and savvy investors attracted by the building’s low vacancy rates and strong rental demand.

Ready for a personalized evaluation?

If you are considering buying, selling, or simply want a confidential assessment of a unit at 199 Richmond Street West, reach out to Tony Sousa & The SOUSA TEAM. We provide custom building analyses, off‑market alerts, and a free property valuation tailored to your goals.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 199 Richmond Street W PH101, Toronto, ON M5V 0H4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$839,970 (30.0%)
* Minimum Canadian down payment required for this price is $559,980.
Amortization Period30 Years
Estimated Monthly Payment$9,320Based on a loan of $1,959,930 over 30 years.
Purchase Price$2,799,900
Loan Amount$1,959,930
Provincial Land Transfer Tax:$56,473
Toronto Municipal Land Transfer Tax:$56,473
Total Estimated Closing Taxes:$112,945

About Purchasing a Home in Toronto, ON

For a property listed at $2,799,900 in Toronto, the legal minimum down payment is $559,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $56,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $56,473 also applies, bringing the total estimated land transfer taxes to $112,945.

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Waterfront Communities C1, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$968,945

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Waterfront Communities C1, Toronto

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
Niagara Street
PublicNiagara Street, Toronto, Ontario, M5V 2P7
8.1

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Waterfront Communities C1, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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