$2,698,000
199 Richmond Street W PH101, Toronto, ON M5V 0H4
Waterfront Communities C1 · Toronto · M5V 0H4
Listing brokerage: RE/MAX HALLMARK REALTY LTD.
- Beds
- 3 + Den
- Baths
- 3
- Sq ft
- 3000–3249
- Parking
- 2
Monthly costs
Maintenance
$3,895/mo
$1.28 per sq ft
Property taxes
$1,508/mo
$18,098 a year (2025)
About $5,403 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Heat
- Covered: Water
- Covered: Air conditioning
- Covered: Parking
- Covered: Common Elements
- Covered: Building Insurance
- Not covered: Hydro
Bills not covered are paid by the owner.
For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules
The unit
- Exposure
- South West
- Parking
- 2 spots · Underground
- Locker
- Owned
- Balcony
- Open
- Laundry
- Ensuite, Laundry Room
- Age
- 6-10 years
- Possession
- Immediate
The building
Studio on Richmond
199 Richmond St W · Queen West
- 7 for sale
- 4 for rent
- 31 floors
About this home
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.
All details29 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 3 + Den
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 9
- Den / family room
- Yes
- Size
- 3000-3249 sq ft
- Fireplace
- Electric
Features
- Built-In Oven
Building & Amenities
- Elevator
- Yes
- Floor
- 31
- Property management
- Icc Property Management
Amenities
- BBQs Allowed
- Gym
- Media Room
- Party Room/Meeting Room
- Rooftop Deck/Garden
Heating & Cooling
- Heating
- Heat Pump
- Heat source
- Gas
- Cooling
- Central Air
Parking
- Covered spaces
- 2
Features
- Underground
Exterior & Lot
- Style
- Apartment
- Exterior
- Stone, Other
- View
- City, Clear
Exterior features
- Controlled Entry
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C13584150
- Type
- Condo Apartment
- Transaction
- For Sale
- Original price
- $2,799,900
- Neighbourhood
- Waterfront Communities C1
- Cross streets
- Richmond and University
Rooms · 11Primary Bedroom, Living Room, Family Room, Kitchen, Dining Room, Foyer, Bedroom 2, Bedroom 3, Washroom ×3
Primary Bedroom
Flat
6.18 × 9.84 m · 20′3″ × 32′3″
Living Room
Flat
5.33 × 6.97 m · 17′6″ × 22′10″
Family Room
Flat
3.29 × 8.40 m · 10′10″ × 27′7″
Kitchen
Flat
3.48 × 5.59 m · 11′5″ × 18′4″
Dining Room
Flat
4.73 × 2.51 m · 15′6″ × 8′3″
Foyer
Flat
1.99 × 2.17 m · 6′6″ × 7′1″
Bedroom 2
Flat
3.43 × 4.89 m · 11′3″ × 16′1″
Bedroom 3
Flat
3.29 × 4.30 m · 10′10″ × 14′1″
2-piece washroom
Flat
3-piece washroom
Flat
5-piece washroom
Flat
History
Past listings and sales for this home and building.
Location
199 Richmond Street W PH101, Toronto, ON M5V 0H4 · Near Richmond and University
Monthly cost
Estimated monthly cost
$17,349/mo
- Mortgage
- $11,946
- Property tax
- $1,508
- Maintenance
- $3,895
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$652,454
$539,600 down + $112,854 to $114,104 in closing costs
- Ontario land transfer tax
- $53,925
- Toronto land transfer tax
- $53,925
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $893
- Condo fee adjustment
- $2,262
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$2,698,000
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