






Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$599,000
Bedrooms
1 Beds
Bathrooms
2 Baths
Size
700-799 sqft
Year Built
6-10
Property Type
Condo
Property Taxes
$2609.14
Take a full 3D interactive virtual tour of this suite and explore every detail from home. Currently tenanted at $2,750 per month, this 1+ Den condo offers built-in income for buyers seeking a turnkey investment or a flexible downtown residence with strong rental appeal. In a market filled with listings, this suite stands apart. Located in the sought-after Studio on Richmond by Aspen Ridge Homes, it is one of the few downtown buildings that allows short-term rentals within condo guidelines - an advantage that expands options for both investors and end users.The 731 square foot layout is exceptionally functional, with an enclosed den featuring sliding doors that can serve as a second bedroom or private office, and two full bathrooms ideal for shared living or hosting. The kitchen is streamlined along one wall with built-in Miele appliances, a panelled fridge and dishwasher, and generous space for dining and living. Nearly nine foot ceilings and floor-to-ceiling windows fill the suite with natural light, while a full-width covered balcony remains private and usable year-round. The primary bedroom includes a double closet, and a pantry-style closet off the living area keeps clutter out of sight. Parking and a locker are included, adding real value in this prime location. Outside your door, Osgoode Station is only minutes away. Queen and King West, Roy Thomson Hall, Rogers Centre, and many of Toronto's top restaurants are within easy reach. When you want calm, enjoy the building's resort-style amenities, including a green second - floor terrace, rooftop BBQs, gym, yoga studio, billiards lounge, party rooms, and lightning fast FibreStream Internet.This is a revenue smart opportunity in one of downtown Toronto's most vibrant and desirable neighbourhoods.
Unit Number
418
Maintenance Fee
$920.52/month
Inclusions
Heat, Parking
Building Insurance
Yes
Exposure
North
Locker
Not listed
Parking Type
None
Pet Policy
Yes-with Restrictions
Property Manager
ICC Property Management Ltd.
Stories
4 floors
Condo Corp Number
2517
Water
Not included
Hydro
Not included
Cable
Not included
Heat
Included
Parking
Included
Taxes
Not included
Total Monthly Payment
$0 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$479,200
Total Interest Payments
$295,456
Total Payment (Principal + Interest)
$774,656
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

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A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.