Studio on Richmond

1 - About Studio on Richmond

• Address: 199 Richmond St W, Toronto
• Neighbourhood: Waterfront Communities C1, Downtown, Toronto
• Storeys: 31
• Units: 333
• Built Year: 2016
• Builder: Aspen Ridge Homes
• Building Type: High-Rise condo
• Suite Sizes: 415 sqft - 3,259 sqft
• Average Price: $893 / sq. ft.

2 - Overview of Studio on Richmond

Studio on Richmond stands as a distinctive high-rise development positioned at the strategic intersection of Richmond Street West and University Avenue. This 31-storey tower, completed in 2016 and designed by Quadrangle Architects, represents a contemporary addition to Toronto's evolving skyline.

As a purpose-built condominium rather than a heritage conversion, the building showcases modern glass-facade architecture complemented by expansive floor-to-ceiling windows that maximize natural light throughout its 333 residential units. The design philosophy creates seamless connectivity between the vibrant Queen West cultural district and the bustling Financial District.

3 - Suite Sizes & Value

The building offers diverse living options with floor plans spanning from compact 415-square-foot studios to expansive 3,259-square-foot penthouse units. Each residence features open-concept layouts enhanced by nine-foot ceilings that create an enhanced sense of space and sophistication.

Average Price: $893 / sq. ft.

This pricing structure encompasses the full range of available units, from efficient studio layouts to premium penthouse suites, all situated within the desirable Waterfront Communities C1 district.

4 - Building Amenities & Features

Studio on Richmond provides comprehensive lifestyle amenities designed for urban professionals:

• 24-hour concierge service and elegant lobby
• Rooftop patio and terrace featuring panoramic CN Tower views
• Rooftop hot tub for year-round relaxation
• Fully-equipped fitness centre and gymnasium
• Rejuvenating steam rooms
• Entertainment-ready party room with integrated wet bar
• Billiards room for recreational activities
• Media room and comfortable lounge spaces
• Art-inspired common areas reflecting the building's cultural positioning

5 - Location Highlights

The building's prime location offers exceptional connectivity and cultural access:

• Transit: Direct access to Osgoode subway station, the underground PATH network, and both Queen and King streetcar routes
• Cultural Institutions: Walking distance to the Art Gallery of Ontario, TIFF Bell Lightbox, Royal Alexandra Theatre, Roy Thomson Hall, and the Four Seasons Centre for the Performing Arts
• Green Space: Proximity to St. Patrick's Square, Pomnik, and the Queen Elizabeth Jubilee Garden
• Education: Close to OCAD University and Ogden Junior Public School
• Business Districts: Immediate access to the Financial District and Richmond Station

6 - Lifestyle Near Studio on Richmond

With a perfect 100/100 walk score, Studio on Richmond occupies a unique position bridging two of Toronto's most dynamic neighbourhoods. The building serves as a gateway between the artistic energy of Queen West and the professional atmosphere of the Financial District.

The resident community typically includes finance professionals, creative industry workers, and urban couples who value proximity to both career opportunities and cultural experiences. The surrounding area provides access to boutique shopping, diverse dining options, vibrant nightlife venues, and world-class cultural institutions.

7 - About the Developer

Aspen Ridge Homes has established itself as a prominent Ontario developer specializing in high-rise residential communities throughout urban markets. The company focuses on identifying strategic urban sites and delivering contemporary architectural solutions that respond to modern living needs.

Studio on Richmond represents a key project within Aspen Ridge's development portfolio, demonstrating their commitment to creating residential communities in established cultural and professional districts that offer residents both convenience and lifestyle enhancement.