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    for sale
    Just Listed
    Est Sell Timeframe:
    17 Days

    2906 - 199 Richmond St W

    $999,900
    3 Beds
    2 Bath
    1 Parking
    1,000 - 1,199 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $1,256/mth
    Taxes:
    $6,146 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $834 - $1,000/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    Now
    Exposure:
    North West

    Amenities

    Concierge
    Guest Suites
    Gym
    Party Room
    Rooftop Deck

    About this Listing

    Live above the pulse of the city, where Toronto's entertainment and business districts converge. Welcome to Suite 2906 - a rarely offered, true 3-bedroom sky residence at Studio on Richmond. Elevated on the 29th floor, this nearly 1,050 sq. ft. corner suite offers bright, functional, family-sized living with sweeping city views through floor-to-ceiling windows. The open-concept living and dining area is sunlit and inviting, perfectly designed for both relaxed evenings and effortless entertaining. The modern European-inspired kitchen features integrated Miele appliances, clean contemporary finishes and a generous island that doubles as a breakfast bar. The thoughtful layout provides ideal privacy and flexibility between the bedrooms. The spacious primary retreat features a large closet and spa-inspired 4-piece ensuite, while the two additional bedrooms - each with big windows and smart proportions - make excellent children's rooms, guest rooms or dedicated work-from-home spaces. Rarely does a downtown condo offer three real, enclosed bedrooms without sacrificing flow or comfort. With two full bathrooms, excellent storage, parking, and a well-designed, no-wasted-space floor plan, this suite is truly move-in-ready for families or professionals seeking room to grow. Studio on Richmond is a design-forward, amenity-rich building offering 24-hour concierge, a full fitness centre, party and media rooms, and an impressive rooftop terrace with hot tub, steam rooms and panoramic skyline views. Steps to the Financial & Entertainment Districts, PATH, subway, Queen/King streetcars, premier theatres, restaurants and shopping. Bright. Functional. Rare. If you've been waiting for a true 3-bedroom with great light, smart layout and big views in the heart of the city, this is the one!

    ExtrasBuilt In Appliances (Fridge, Cooktop, Oven, Dishwasher, Range Hood), Washer & Dryer. All Existing Light Fixtures & Window Coverings. Kitchen Island. 1 Parking & 1 Locker.

    royal lepage signature realtyMLS® #C12568020

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    15.29 x 12.63ft
    Laminate, Combined with Dining, Walkout To Balcony
    Dining
    15.29 x 12.63ft
    Laminate, Combined with Living, Nw View
    Kitchen
    7.71 x 14.83ft
    Built-in Appliances, Backsplash
    Primary
    12.34 x 10.4ft
    Laminate, 4 Piece Ensuite, Large Closet
    2nd Bedroom
    12.47 x 8.04ft
    Laminate, Large Window, Large Closet
    3rd Bedroom
    8.66 x 12.21ft
    Laminate, Large Window, Large Closet

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

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    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!

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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.

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    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%


    Days on Strata

    Units at Studio on Richmond spend an average of
    50
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    28th
    Highest price per SQFT out of 53 condos in the Queen West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    47
    Units were Rented over the past twelve months

    Best Value Rank

    Studio on Richmond offers the
    ?
    best value out of 53 condos in the Queen West neighbourhood

    Appreciation Rank

    Studio on Richmond has the
    ?
    highest ROI out of 53 condos in the Queen West neighbourhood

    Rental Yield

    Studio on Richmond yields the
    ?
    highest rent prices out of 53 condos in the Queen West neighbourhood

    High Demand

    Studio on Richmond is the
    ?
    most popular building out of 53 condos in the Queen West neighbourhood

    Market Insights

    Transaction Insights at Studio on Richmond

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$592,500 - $608,000$685,000 - $840,000No DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo Data$821$1,038No DataNo DataNo Data
    Avg. Wait for Unit Availability913 Days64 Days64 Days139 Days199 Days328 DaysNo Data
    Ratio of Units in Building3%35%33%19%9%4%2%

    Market Inventory

    Total number of units listed and sold in Queen West