1201 - 199 Richmond Street W
Waterfront Communities C1, Toronto
$699,900
Bedrooms: 1
Bathrooms: 1
Living Area: 600 sqft
Price Per Sqft: $1,166.50
About this Condo
in Waterfront Communities C1, Toronto
Welcome to elevated downtown living at 199 Richmond Street West in the heart of Toronto's vibrant Entertainment District. This beautifully maintained 1 Bedroom + Den offers a functional, versatile layout ideal for professionals, investors, or end-users seeking a prime core location. The unit features over $50,000 in upgrades, including electric blinds, pot lights, a marble-finished bathroom, and a striking marble feature wall in the living room. The suite can also be sold furnished, offering a true turnkey opportunity. Enjoy unbeatable convenience just steps to the Financial District, PATH, transit, world-class dining, theatres, and the Hospital District. Only a 15-minute walk to the Rogers Centre and CF Toronto Eaton Centre, and steps from Osgoode Subway Station for seamless city access. Residents enjoy premium amenities including a fully equipped gym, sauna, and a rooftop terrace with hot tub and BBQs, perfect for relaxing or entertaining. Includes one parking space and two lockers, a rare and highly valuable feature in the downtown core. With many newer buildings reserving parking for larger units, this suite holds a distinct competitive advantage, enhancing convenience and long-term resale value. The building also permits short-term rentals, including Airbnb, providing excellent flexibility and strong investment potential. A rare opportunity to own in one of downtown Toronto's most desirable locations.
Listed by ROYAL LEPAGE TERREQUITY REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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