199 Richmond Street W
Building Details
Listing History for Studio on Richmond
Amenities
Maintenance Fees
About 199 Richmond Street W — Studio on Richmond
Studio on Richmond is a striking tower located in the coveted Queen West neighbourhood in downtown Toronto. This modernly designed high-rise was built by veteran developers Aspen Ridge Homes, and its address is 199 Richmond St W.
It’s magnificently appointed with some of the most treasured amenities in the city. It has some amenities that are mainstays in downtown condos such as a party room, exercise room, and sauna, but there are unique fixtures here as well. Residents love the recreation room and rooftop deck, but one of the best features about this building is definitely the lightning quick FibreStream Internet speeds.
With a variety of layouts and sizes, Studio on Richmond is a great fit for a lot of different people. The young finance professional will love the proximity of these Queen West condos for sale to the nearby Financial District coupled with the vibrant nightlife in Queen West, and couples will love the large units big enough to raise a family.
The Suites
The tower at 199 Richmond St W stands at 31 storeys and it has 317 individual units. There is a diverse mix of condos here, starting from one-bedroom units to three-bedroom plus den suites — and everything in between. The smallest units are 414 square feet while the larger units top out at 3,258 square feet.
The ceilings at Studio on Richmond can reach up to 9 feet high, pair that with the floor ceiling windows and your new home could be bathed in luminous natural light.
The Neighbourhood
199 Richmond St W is in the Queen West which is widely regarded as the trendiest part of the city. This section of Queen St West is lined with fashionable boutiques, and amazing restaurants, and you’ll soon discover that you’ll never be bored in this region of town.
Residents of Studio on Richmond are also handy to one of the best restaurants in the city. Richmond Station describes itself as an eclectic Canadian restaurant, and it always has a seasonal and local menu. You’re going to want to make sure you reserve your table plenty a few weeks before your date because it tends to get booked far in advance.
This is also one of the go to spots in town if you’re looking to be involved in the cultural elements of the city. You’ll be able to check out a variety of performances at the Royal Alexandra Theatre, Roy Thomson Hall or the Four Seasons Centre of the Performing Arts.
Transportation
Osgoode will be your local subway station if you should choose 199 Richmond St W as your new home. It’s in the corner of Queen and University, and it’s part of Line 1 Yonge-University. This veritably puts the entire city at your fingertips because of the ability to transfer onto Line 2 Bloor-Danforth in just 4 stops. Between of these two subway lines, you’ll be able to reach North York, Scarborough, Etobicoke, and even Vaughan.
For more local trips, you can take the 501 streetcar that travels down Richmond Street. This is a convenient option if you’re just traveling throughout the downtown core.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Studio on Richmond
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
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Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
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 | $498,000 | $515,000 - $558,000 | $630,000 | No Data | No Data | $820,000 | No Data |
Avg. Cost Per Sqft | $1,162 | $1,075 | $955 | No Data | No Data | $899 | No Data |
Price Range | No Data | $2,100 - $2,680 | $2,500 - $3,200 | $2,650 - $3,600 | $3,400 - $5,000 | $4,300 - $4,500 | No Data |
Avg. Wait for Unit Availability | 913 Days | 64 Days | 59 Days | 110 Days | 195 Days | 465 Days | No Data |
Avg. Wait for Unit Availability | 121 Days | 17 Days | 19 Days | 32 Days | 83 Days | 155 Days | No Data |
Ratio of Units in Building | 3% | 35% | 32% | 20% | 8% | 4% | 2% |
Unit Sales vs Inventory
Total number of units listed and sold in Queen West