199 Richmond St W
199 Richmond St W, Toronto, ON M5V 0H4
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Known Issues & Notes
Known Issues (news/court)
[cat_decision 2025 2025 ONCAT 138] Condominium Authority Tribunal case (Practice. Chan v. TSCC 2579); topic not stated in the search snippet. | [special_assessment 2024-10-04] Owners warned of a possible special assessment of about $70,000 per unit to repair the parking garage; board working with engineers on repair options.
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About This Building
Located at 199 Richmond St W in Toronto's Waterfront Communities neighbourhood, this 11-storey mid-rise apartment condominium was completed in 2017. The building comprises residential units with exclusive parking; monthly condo fees include heat, water, and building insurance. Average lease rates for units are approximately $2,575 per month. The property sits within walking distance of the University–Dundas rapid-transit station (94 metres away) and enjoys exceptional urban convenience, with nearly 200 nearby restaurants, over 100 cafes, multiple grocery stores and parks within 800 metres. Before committing to a purchase, prospective buyers should obtain and carefully review the status certificate, reserve fund study, financial statements, board minutes, and by-laws to understand the building's true operating costs and any pending capital projects.
