414 - 199 Richmond St W
For RentStudio on RichmondEst Lease Timeframe 25 Days
$2,395/mth
1 Bed
1 Bath
0 Parking
499 SQFT
2 Days on Strata
Listing History
Unit Highlights
Possession Date:
November 1, 2024
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South
Locker:
None
Laundry:
Ensuite
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Building Maintenance
Building Insurance
Excluded
Hydro
Air Conditioning
Water
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Kitchen
Open Concept, Hardwood Floor
15.58 x 13.39ft
Living
Open Concept, Hardwood Floor
15.58 x 13.39ft
Prim Bdrm
Hardwood Floor
9.97 x 7.97ft
About this Listing
Discover urban living at its finest in this one-bedroom condo at "The Studio on Richmond," 199 Richmond Street West. Boasting 499 square feet of contemporary space, this south-facing unit features a European- style kitchen with quartz countertops and integrated Miele appliances. Enjoy the expansive 99 square foot balcony and elegant hardwood floors. The building offers five-star amenities, including a 24-hour concierge and security, in a prime downtown location with a remarkable 99% walking score.
intercity realty inc.MLS® #C9357740
Amenities
Rooftop Deck
Guest Suites
Media Room
Visitor Parking
Concierge
Gym Room
Explore Neighbourhood
10/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
18,483
Average Individual Income
$71,628
Average Household Size
3 persons
Average Age
42
Average Household Income
$108,396
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
43%
Semi Detached
25%
Detached
24%
Low Rise Apartment
3%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
72%
Mandarin
13%
Cantonese
9%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
12%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
17%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
5%
Education
5%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Price Trends
Maintenance Fees
Studio on Richmond vs The Queen West Area
Building Trends At Studio on Richmond
Days on Strata
Units at Studio on Richmond spend an average of
42
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Queen West
Turnover of Units
On average, each unit is owned for
6.2
YEARS before being sold againProperty Value
-9%
Decrease in property value within the past twelve months
Price Ranking
14th
Highest price per SQFT out of 46 condos in the Queen West area
Sold Units
10
Units were Sold over the past twelve months
Rented Units
50
Units were Rented over the past twelve months
Best Value Rank
Studio on Richmond offers the best value out of 46 condos in the Queen West neighbourhood
?
Appreciation Rank
Studio on Richmond has the highest ROI out of 46 condos in the Queen West neighbourhood
?
Rental Yield
Studio on Richmond yields the highest rent prices out of 46 condos in the Queen West neighbourhood
?
High Demand
Studio on Richmond is the most popular building out of 46 condos in the Queen West neighbourhood
?
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 - $650,000 | $630,000 | No Data | $820,000 | No Data | No Data |
Avg. Cost Per Sqft | $1,162 | $1,099 | $955 | No Data | $899 | No Data | No Data |
Price Range | No Data | $2,280 - $2,680 | $2,500 - $3,000 | $2,650 - $3,799 | $3,400 - $5,000 | $4,300 - $4,500 | No Data |
Avg. Wait for Unit Availability | 913 Days | 64 Days | 59 Days | 110 Days | 214 Days | 491 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% | 9% | 3% | 2% |
Transactions vs Inventory
Total number of units listed and leased in Queen West