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              For Sale 6 Days On Site

              #614 199 Richmond Street West

              near Richmond & Duncan
              $679,900 1+0bdr • 1ba • 1kit • 500-599sf
              Average Income
              $77,568
              Population Age
              33 y/old
              School Score
              7.00/10
              Price Index Change 1y
              +9.19%
              Price Index Change 3y
              +34.30%
              Rent Index Change 1y
              -5.96%
              Rent Index Change 3y
              +7.74%

              Condo Apt • Apartment #614 • 6 Level

              #614 199 Richmond Street West, Waterfront Communities C1, Toronto
              • Rooms and Bathrooms 1+0 bedr, 1 bath
              • Kitchens 1
              • area 500-599
              • garage 0.0 None
              • exposure S
              • age 0-5
              • locker Owned
              • possession

                Flexible

              $679,900

              $1,977.34
              Tax yr: 2019

              $402.05/m

              CALCULATED NUMBERS:

              $2551.00

              calculator

              $2083

              3

              99 Walker's Paradise

              100 Rider's Paradise

              95 Biker's Paradise

              7.00/10

              Location Details
              • Toronto

              • Toronto

              • Waterfront Communities C1

              • Richmond & Duncan

              • M5V0H4

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              RIGHT AT HOME REALTY INC., BROKERAGE

              Property Overview
              Excellent Opportunity For Investors!! Aaa Tenant Must Be Assumed. Current One Year Lease Paying $2,250 A Month Which Is Higher Than Current Lease Market Average. Spacious 1 Bdr Suite. Cozy, Open Concept Layout. Floor To Ceiling Window 9' High Ceiling, Oversized Balcony; Laminated Living Area, Modern Kitchen, Ss Appliances. Walking Distance To Ttc, Subway, Entertainment District Universities, Hospitals, Financial District, Theatres, Clubs & Restaurants.
              Extras: State Of The Art Amenities: 24 Hour Concierge, Party/Meeting Room, Gym, Yoga Lounge, Billiards, Roof Top Terrace W/Bbq & Hot Tub. Fridge, Cooktop, Wall Oven, Dishwasher. Washer, And Dryer. All Elfs.01 Locker. Exc.Tenant Belongings
              Property Features
              • Arts Centre
              • Hospital
              • Library
              • Park
              • Public Transit
              • Concrete
              • Bbqs Allowed
              • Concierge
              • Exercise Room
              • Gym
              • Party/Meeting Room
              • Rooftop Deck/Garden
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Parking Included
              • Retirement
              • Seller Property Info Statement
              • Water Included
              • Family Room
              • Cable TV Included
              • Central Vac
              Rooms details
              Foyer
              • Flat Level
              • Laminate
              • Closet
              • 4 Pc Bath
              • Size 4.50x1.02
              Living
              • Flat Level
              • Laminate
              • Open Concept
              • W/O To Balcony
              • Size 4.72x4.06
              Dining
              • Flat Level
              • Laminate
              • Combined W/Kitchen
              • Size 4.72x4.06
              Kitchen
              • Flat Level
              • Laminate
              • Combined W/Dining
              • Size 4.72x4.06
              Master
              • Flat Level
              • Laminate
              • Closet
              • Sliding Doors
              • Size 3.04x2.64
              Other
              • Flat Level
              • Concrete Floor
              • Balcony
              • South View
              • Size 4.72x1.52
              Basement
              • None
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              • Listing added to site: 2020-09-17 00:27:38
              • Last updated: 2020-09-21 20:11:52
              • Photos updated: 2020-09-16
              • Contract date: 2020-09-16
              • Input date: 2020-09-16
              • Expiry date: 2020-12-16
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              614 199 Richmond Street West Property & Location Overview Powered By AIDA
              Listing Overview

              General:

              614 199 Richmond Street West is a condo apt apartment, located in Waterfront Communities C1 of city of Toronto, Toronto region, near Richmond & Duncan, and has been available for sale on CondosDirect since 2020-09-17. This unit is located at level 6 of the building and has South exposure of Richmond W St. Condo registry office is TSCC, corporation number 2514.

              Lot Size and Living Area:

              614 199 Richmond Street West has 4+0 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 500-599 square feet. 199 Richmond Street West building was built appriximately 0-5 years ago. The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Arts Centre, Hospital, Library, Park, Public Transit at, or near the property.
              AIDA has also found the following features: Income Potential, Open Concept, and possible sellers motivation indicators such as Flexible Possession.

              Price & Cost Overview

              General:

              614 199 Richmond Street West condo apt is listed for $679,900. Property tax for year 2019 was $1,977. And the monthly maintenance fee was $402.

              Comparative Market Analysis:

              There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $652,218.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,551, and total expenses, including the mortgage, property tax and maintenance, fee around $2,749, assuming $679,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 614 199 Richmond Street West, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Waterfront Communities C1, where 199 Richmond Street West is located, has $793,177 Home Price Index, and $2,477 Home Rent Index. Average household income at dissemination area of 199 Richmond Street West is $77,568, and average polulation age is 33 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,038,367, and average Home Rent Index $2,588.

              Similar Properties & Community Details:

              There are similar to 614 199 Richmond Street West 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 199 Richmond Street West.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Waterfront Communities C1 neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 199 Richmond Street West, or schools, which boundaries this address belongs to with an average School Score 7.00 out of 10. Here are more details about these schools:
              1. Ogden Junior Public School (Grades JK–06), Public, Elementary, ranked as Good.
              2. Harbord Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 99, 100, and 95 accordingly, location of 199 Richmond Street West overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

              614 199 Richmond Street West Listings History Powered by AIDA
              Waterfront Communities C1, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (96 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 101 to 123 properties like that to be sold in Waterfront Communities C1 during the next 30 days.
              Seasonal sales fluctuation is showing 19% inventory increase comparing to the average annual number, which is equvalent to 93.92 properties sold per month, and 29% increase comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 6 days, which is 13 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 7% D.O.M. increase comparing to the average annual number, which is equvalent to 17 D.O.M., and 10% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price it can be sold?
              Similar properties currently sell very close to its asking price in Waterfront Communities C1.
              The selling to asking price ratio is declining in Waterfront Communities C1.
              This property has been on the market for less than average number of days it takes a home to sell in Waterfront Communities C1 (18.8) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4915707 Comparative Market Analysis
              614 199 Richmond Street West Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Waterfront Communities C1, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +9.19% comparig to the City of Toronto average of +12.42%

              Price Index 3y

              Price Index change was +34.30% comparig to the City of Toronto average of +4.765%

              Rent Index 1y

              Rent Index change was -5.96% comparig to the City of Toronto average of -5.555%

              Rent Index 3y

              Rent Index change was +34.30% comparig to the City of Toronto average of +4.765%

              Walkscore

              Walkscore 99 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 100 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.00 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $9,400 Cashback
              $625,000
              1br 1ba 500-599sf

              Prop Tax

              $n/a

              Condo Fee

              $326

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              95

              Compare$631,189

              $10,500 Cashback
              $697,700
              1+1br 1ba 600-699sf

              Prop Tax

              $1,973

              Condo Fee

              $465

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              59

              Compare$589,401

              $11,900 Cashback
              $790,000
              1+1br 1ba 700-799sf

              Prop Tax

              $2,932

              Condo Fee

              $531

              Exposure

              E

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              $ calculator

              WalkScore

              0

              Compare$798,711

              $10,900 Cashback
              $724,900
              1br 1ba 600-699sf

              Prop Tax

              $2,464

              Condo Fee

              $450

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$675,767

              $9,000 Cashback
              $599,000
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              Prop Tax

              $2,128

              Condo Fee

              $306

              Exposure

              W

              Mortg/m

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              0

              Compare$541,284

              $8,400 Cashback
              $558,800
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              $2,400

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              $350

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              $8,800 Cashback
              $585,000
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              $2,230

              Condo Fee

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              WalkScore

              0

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              $9,400 Cashback
              $629,900
              1+1br 1ba 700-799sf

              Prop Tax

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              Condo Fee

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              Exposure

              W

              Mortg/m

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              WalkScore

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              Compare n/a

              $9,900 Cashback
              $659,900
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              Compare$662,323

              $10,800 Cashback
              $719,000
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              Prop Tax

              $3,041

              Condo Fee

              $562

              Exposure

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              0

              Compare$769,363

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              $568,000
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              $2,572

              Condo Fee

              $719

              Exposure

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              WalkScore

              56

              Compare$629,976

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