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For sale · Condo Apartment

199 Richmond Street W #PH101.

Waterfront Communities C1, Toronto, ON M5V 0H4

In Studio on Richmond, 199 Richmond Street W
On the market7 days
MLS® C14108254Courtesy of Re/max Hallmark Realty Ltd.
Bedrooms3+1Plus a den
Bathrooms3
Square feet3,000–3,249About $829 per sq ft
Parking2Locker: Owned

Buyer's market

Condo market in Waterfront Communities C1. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 37 days. Market data

Sales-to-new-listings ratio, last 3 months: 32%
Months of supply: 6.5

What it means

  • Buyer's market in Waterfront Communities C1: condos take about 37 days to sell.
  • About 6.5 months of condos for sale in Waterfront Communities C1 at the current pace of sales.

At a glance

Maintenance$3,895 / month
Property taxes$18,098 / year
Price per square footAbout $829
ExposureSouth West

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.

Suite details

Click the + to read more.

The suiteproperty type, style, size, exposure
Property type
Condo Apartment
Style
Apartment
Size
3,000–3,249 sq ft
Exposure
South West
Heating
Heat Pump
Cooling
Central Air
Basement
None
Year built
6-10
Possession
Immediate
Parking and storageparking, garage, locker
Parking
2
Garage
Underground
Locker
Owned
Fees and taxesmaintenance, property taxes, price per sq ft
Maintenance
$3,895/mo
Property taxes
$18,098 (2025)
Price per sq ft
$829
Building and rulesstoreys in building, pets
Storeys in building
31
Pets
Yes-with Restrictions
Rooms8 rooms with sizes
RoomLevelSizeFeatures
Family RoomFlat3.29 × 8.4 m
FoyerFlat1.99 × 2.17 m
KitchenFlat3.48 × 5.59 m
Bedroom 2Flat3.43 × 4.89 m
Primary BedroomFlat6.18 × 9.84 m
Living RoomFlat5.33 × 6.97 m
Dining RoomFlat4.73 × 2.51 m
Bedroom 3Flat3.29 × 4.3 m
Building amenitiesbbqs allowed, gym, media room
  • BBQs Allowed
  • Gym
  • Media Room
  • Party Room/Meeting Room
  • Rooftop Deck/Garden

Maintenance fee includes: Heat, Water, Parking

What it could cost each month

— a month, estimated

With 20% down. Includes property tax and maintenance. Estimate only.

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  • Mortgage—
  • Maintenance—
  • Property tax—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

How this price compares

Members

13 suites sold at Studio on Richmond in the last two years.

Sales activity in the building

Number of suites sold each quarter.

0 Jan–Mar 2025 1 sold, Apr to Jun 2025 1 Apr–Jun 2025 1 sold, Jul to Sep 2025 1 Jul–Sep 2025 3 sold, Oct to Dec 2025 3 Oct–Dec 2025 2 sold, Jan to Mar 2026 2 Jan–Mar 2026 2 sold, Apr to Jun 2026 2 Apr–Jun 2026 1 sold, Jul to Sep 2026 1 Jul–Sep 2026 1 sold, Oct to Dec 2026 1 Oct–Dec 2026 so far

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Sale and listing history

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The building and the area

Studio on Richmond

The building

Studio on Richmond

199 Richmond Street W · 13 storeys

Gym · Party Room/Meeting Room · Concierge · Media Room

7For sale now
3For rent now
9Sold, last 12 months

Listing brokerage · MLS® C14108254Re/max Hallmark Realty Ltd.Data last updated Oct 22, 2026 6:52 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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