1708-199 Richmond Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13871960

$420,000
For Sale
Listed 12 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Luxury Studio Condo In Trendy Queen West Area.
  • Highly Desirable 1 Bdrm Unit W/Floor To Ceiling Windows.
  • European Style Kitchen With Integrated Miele Built-in Appliances, Quarts Counter-Top.
  • MBr With Large Window, 2 Closets.
  • 4 Pc Semi Ensuite Bath W/Separate Soaker Tub.

Luxury Studio Condo In Trendy Queen West Area! Highly Desirable 1 Bdrm Unit W/Floor To Ceiling Windows! Clear View! 9' Ceiling. Open Concept. Sparkling & Spotless! Nicely Finished! Freshly Painted, Newly Installed Vinyl Floor Through-out! European Style Kitchen With Integrated Miele Built-in Appliances, Quarts Counter-Top. MBr With Large Window, 2 Closets. 4 Pc Semi Ensuite Bath W/Separate Soaker Tub. Excellent Location In The Heart Of Financial/Entertainment Dist. Convenient access to the PATH, Step To Subway. Prime Location Surrounded By Restaurants, Theatres, Shops, Arts Centre.Well Maintained Buildg W/24 Hr Concierge. Super Amenities!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13871960
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Richmond St/University Ave
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$624/mo
Exposure
North
Property tax
$2,946 / 2026
Days on market
12
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

KitchenFlat5.46 × 4.62 m

b/i appliances · quartz counter · pot lights

Living RoomFlat5.46 × 4.62 m

vinyl floor · combined w/dining · w/o to terrace

Primary BedroomFlat3.02 × 2.77 m

semi ensuite · double closet · sliding doors

Dining RoomFlat5.46 × 4.62 m

vinyl floor · open concept · combined w/living

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$446kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $812/sqft; this home lists at $764/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
420kThis home435k439k439k449k468kThis home vs active comparables

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Kensington-Chinatown
$585K
Church-Yonge Corridor
$567K
Waterfront Communities C8
$554K
Niagara
$631K
North St. James Town
$765K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 69% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Contact Alternative School School · Public secondary0.5 km
Heydon Park Secondary School · Public secondary0.8 km · 8% at standard
Oasis Alternative Secondary School · Public secondary0.9 km
Beverley School · Public elementary0.9 km
ALPHA Alternative Junior School · Public elementary0.9 km
Subway Academy II · Public secondary0.9 km
St Michael's Choir (Sr) School · Catholic secondary1.0 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.0 km · 98% at standard
Orde Street Public School · Public elementary1.1 km · 76% at standard
Bishop Macdonell Catholic School · Catholic elementary1.2 km · 82% at standard
Jean Lumb Public School · Public elementary1.3 km · 73% at standard
Downtown Alternative School · Public elementary1.4 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,914/mo
$96KIncome needed
4.4×Price ÷ income
$442Weekly cost
$9,750Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

69%mortgage
Mortgage $1,914Property tax $246Condo fee $624Total carry $2,783

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,858per month

Mortgage amount $336,000 · 4.49% over 25 years

$84,000Down payment (20.0%)
$336,000Loan before insurance
$0CMHC premium
$2,727Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,858
Property tax
$246
Condo / maintenance fees
$624
Heating
$0
Estimated monthly cost
$2,727

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$4,875
Toronto municipal land transfer tax
$4,875
Estimated closing costs
$9,750

Plus your down payment of $84,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,249/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$221,340Total interest paid
$557,340Total of all payments
Principal $336,000 Interest $221,340
YearPrincipalInterestBalance
1$7,498$14,796$328,502
2$7,839$14,455$320,663
3$8,194$14,099$312,469
4$8,566$13,727$303,902
5$8,955$13,338$294,947
6$9,362$12,932$285,585
7$9,787$12,506$275,798
8$10,232$12,062$265,566
9$10,696$11,598$254,870
10$11,182$11,112$243,689
11$11,689$10,604$231,999
12$12,220$10,073$219,779
13$12,775$9,519$207,004
14$13,355$8,939$193,649
15$13,961$8,332$179,688
16$14,595$7,698$165,092
17$15,258$7,036$149,834
18$15,951$6,343$133,884
19$16,675$5,619$117,209
20$17,432$4,862$99,776
21$18,224$4,070$81,553
22$19,051$3,243$62,502
23$19,916$2,378$42,586
24$20,820$1,473$21,766
25$21,766$528$0

At the end of your 5-year term

Total paid over the term
$111,468
Principal paid down
$41,053
Interest paid
$70,415
Balance remaining
$294,947

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
1.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.9%
Gross yield
− Property tax $2,946− Condo fees $7,482− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,127

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CROSSROADS REALTY INC.. MLS®/PropTx.

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