Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium stone and other construction, this residence presents an exceptional opportunity offered at $2,888,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Penthouse 01 at 199 Richmond presents a rare opportunity to own one of only two penthouse residences in this exceptionally well-positioned building within the heart of the entertainment district. This three-bedroom, three-bathroom suite offers a refined layout with thoughtful upgrades throughout, combining clean contemporary design with elevated materials and finishes. The custom kitchen is designed for both function and presentation, featuring built-in Miele appliances, a waterfall island, and a combination of Caesarstone, granite, and quartz surfaces, all anchored within open-concept living and dining spaces that frame expansive city views. The primary suite is positioned as a private retreat, offering generous proportions, a walk-in closet, and a well-appointed spa-inspired bathroom, complemented by a built-in bookcase that adds both character and utility. South and west exposures provide sweeping views across the lake, the Rogers Centre, and Roy Thomson Hall, bringing natural light into the suite throughout the day. Finished with engineered hardwood flooring, marble detailing, and custom vanities, this residence presents a well-executed penthouse opportunity with direct access to the city's dining, cultural, and entertainment offerings just steps from the front door.
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Arts Centre, Hospital, Library, Park, Public Transit
Built-In Oven
Concierge/Security
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 199 Richmond Street W PH101, Toronto C01, ON M5V 0H4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,888,000 in Toronto, the legal minimum down payment is $577,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $58,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $58,675 also applies, bringing the total estimated land transfer taxes to $117,350.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.