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$728,000
DOM1dayStudio on Richmond · 199 Richmond Street · Toronto · Ontario M5V 0H4
1 day on market
Prestige Studio building on Richmond St West. High 16th floor, unobstructed view from every window, bright corner unit, 2 bedrooms + den, 2 full bathrooms, 746 sq ft + large 92 sq ft balcony, 9 ft ceilings, Modern kitchen, Miele B/I Appliances, Centre island. Steps to OCAD, University of Toronto, Osgoode Subway station, restaurants, shops. Walk score 100 out of 100. 24 Hr security, gym, media lounge, billiard room, party room. Some pictures where taken when the condo was vacant.
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: REMAX YOUR COMMUNITY REALTY
Source: TRREB/PROPTX · MLS® C14105530
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $33,142 | $2,762/mo |
| Government & taxes | ||
| Property tax | $4,110 | $342/mo |
| Land transfer tax(closing) | $11,035 | $920/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $7,280 | $607/mo |
| Condo fees | ||
| Condo / HOA fees | $11,240 | $937/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $77,467 | $6,456/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.