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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 81 daysPrice drop · $212,000 off (-6.8%)

    Unit PH101 — 199 Richmond Street W

    Waterfront Communities C1·Toronto, ON·M5V 0H4·Near Richmond and University

    Toronto real estate›C12967282
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 26, 2026Price reducedCurrentReduced$2,888,000−$212,000 (6.8%)C12967282This page
    Apr 7, 2026ListedCurrentFor sale$3,100,000 —C12967282This page
    Nov 21, 2024Previously listedTer$4,188,000 —C10433594View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Heat Pump
      Air conditioning
      Central Air
      Fireplaces
      1
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit PH101 — 199 Richmond Street W
    What's nearby

    Points of interest classified by the MLS® feed.

    • Arts Centre
    • Hospital
    • Library
    • Park
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $14,188
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,508
    0.63% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,103,613
      Last 30 days
    • Median sold price
      $868,241
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      6,731
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit PH101 — 199 Richmond Street W — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit PH101 — 199 Richmond Street W and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit PH101 — 199 Richmond Street W listed for?

      Unit PH101 — 199 Richmond Street W is listed at $2,888,000 on the MLS® (listing C12967282). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit PH101 — 199 Richmond Street W have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 3 beds
  2. 3 baths
  3. 3000-3249 sqft
  4. Condo Apartment
  5. Built 6-10
  6. Asking
    $2,888,000
    $0 / sqft · MLS® C12967282
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,103,613
    $1,015,324Confidence range$1,191,902
    Asking vs estimate
    ↑↑well-above
    +$1,784,387
    (+161.7%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 28 days — this one has been listed 81 days.

    Avg sold price
    $1,103,613
    Median sold
    $868,241
    Avg days on market
    28
    Recently sold
    6731
    See comparable sales
    • 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.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Underground
    Garage spaces
    2
    Parking spaces
    2
  8. Interior

    6
    Basement
    None
    Family room
    Y
    Kitchens
    1
    Total rooms
    9
    Laundry level
    Main Level
    Elevator
    Y
  9. Exterior & construction

    4
    Exterior
    Stone, Other
    View
    City, Clear
    Patio
    Open
    Balcony
    Open
  10. Lot & land

    1
    Year built
    6-10
  11. Listing & possession

    3
    Occupancy
    Immediate
    Property style
    Apartment
    Property class
    Condo Apartment
  12. Room-by-room · 8 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Flat level

    8 rooms
    • Bedroom 3
      10.8 × 14.1 ft
    • Primary Bedroom
      20.3 × 32.3 ft
    • Bedroom 2
      11.3 × 16.0 ft
    • Foyer
      6.5 × 7.1 ft
    • Living Room
      17.5 × 22.9 ft
    • Kitchen
      11.4 × 18.3 ft
    • Family Room
      10.8 × 27.6 ft
    • Dining Room
      15.5 × 8.2 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $3,000
    per month
    Maintenance fee includes
    • Heat
    • Water
    • Parking
    Building details
    • Unit01
    • Storeys (building)31
    • ExposureSouth West
    • LockerOwned
    • Parking typeUnderground
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpTSCC
    • Corp #2517
    • Property managerIcc Property Management
    Building amenities
    • BBQs Allowed
    • Gym
    • Media Room
    • Party Room/Meeting Room
    • Rooftop Deck/Garden
  13. Public Transit
  14. Combined estimate
    $15,696
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $14,188
    /mo
    based on the purchase price of $2,888,000
    $577,600 cash
    $2,310,400 financed
    $1,945,963 total interest
    Monthly payment$14,188/ month
    Principal54%$2,310,400
    Interest46%$1,945,963

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 39 Queens Quay
      Sold
      Sign in for price
      39 Queens Quay
      Condo Apartment
    • 15 Sewells Road
      Sold
      Sign in for price
      15 Sewells Road
      Condo Apartment
    • 530 Indian Grove
      Sold
      Sign in for price
      530 Indian Grove
      Condo Apartment
    • 3 Rowntree Road
      Sold
      Sign in for price
      3 Rowntree Road
      Condo Apartment
    • 240 Scarlett Road
      Sold
      Sign in for price
      240 Scarlett Road
      Condo Apartment
    • 245 The Donway
      Sold
      Sign in for price
      245 The Donway
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit PH101 — 199 Richmond Street WThis home3 / 330,003,249$2,888,000ask———
    39 Queens Quay2 / 2700—
    15 Sewells Road3 / 21,200—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Toronto

    Active listings within ±20% of this asking price.

    • 33 Delisle Avenue
      $2,399,000
      33 Delisle Avenue
      Condo Apartment 3 4
    • 150 Heath St W 1301-1302
      $2,499,000
      150 Heath St W 1301-1302
      Condo Apartment 4 4
    • 99 Harbour Square
      $2,595,000
      99 Harbour Square
      Condo Apartment 3 2
    • 65 Sheldrake Boulevard
      $2,700,000
      65 Sheldrake Boulevard
      Condo Apartment 3 3
    • 2 Forest Hill
      $2,895,900
      2 Forest Hill
      Condo Apartment 2 3
    • 1315 Bay Street
      $2,698,888
      1315 Bay Street
      Condo Apartment 2 2
  15. AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of RE/MAX HALLMARK REALTY LTD. · displayed on Summitly per MLS® data-share rules

    Unit PH101 — 199 Richmond Street W is a 3-bedroom, 3-bath, 3000-3249 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was Unit PH101 — 199 Richmond Street W built?

    Unit PH101 — 199 Richmond Street W was built in 6-10. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for Unit PH101 — 199 Richmond Street W?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit PH101 — 199 Richmond Street W plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on Unit PH101 — 199 Richmond Street W?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,888,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has Unit PH101 — 199 Richmond Street W been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit PH101 — 199 Richmond Street W with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is Unit PH101 — 199 Richmond Street W in?

    Unit PH101 — 199 Richmond Street W is in Waterfront Communities C1, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  25. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 530 Indian Grove
    2 / 2
    1,000
    —
    3 Rowntree Road2 / 21,000—
    240 Scarlett Road2 / 11,000—
    245 The Donway2 / 21,400—