$2,250/mo - 199 Richmond Street Unit 203, Downtown Toronto
Condo for Rent in Downtown Toronto
Popular ListingNeighbourhood: Waterfront Communities C1
- MLS Number
- C13680386
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- BAY STREET GROUP INC.
Located in a vibrant neighbourhood in Downtown Toronto, this unit has every convenience to all local amenities and the life of the city ! Entertainment District, UofT campus, hospitals, Financial District are within short walks! Osgoode Ttc Station at doorsteps provides easy access to the eclectic Queen/King West neighbourhood, which is filled with vibrant shops, restaurants, and art galleries that define the cultural landscape. This is a freshly renovated, professionally cleaned One bedroom home with wide plank flooring; new paint, kitchen stone countertop, matching stone backsplash, stainless steel sink, faucet; bathroom lighting fixtures & a stylish mirror with LED adjustable backlight. The integrated kitchen is equipped with 'Miele' built-in appliances, under-cabinet lighting and ample cabinetry spaces that work well with other living areas. This unit features 9 feet smooth ceiling, wall-to-wall windows that brings natural light into the living, dining area making it a private workspace and a comfortable rest area. Primary bedroom is well sized with two built-in closets and easily accommodates a queen size bed, with extra seating area. A spacious 4 pieces bathroom with soaker tub, a separate laundry room complete this efficient smart home! Exclusive to Residents amenities include: 24 hour concierge, fitness and weight areas, yoga studio, sauna/steam room, billiard room, media, lounge and party rooms; private rooftop outdoor terrace with BBQ areas, jacuzzis tub
Discover Waterfront Communities C1
Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Waterfront Communities C1
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
199 Richmond Street Unit 203, Downtown Toronto / Waterfront
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $2,250/mo, this is in line with typical 1-bedroom rents in Downtown Toronto (~$2,300/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.