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New3 hours ago

1008 - 543 Richmond Street W

Waterfront Communities C1, Toronto

$775,000

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

Welcome to 543 Richmond Residences at Portland by Pemberton Group, where contemporary style meets vibrant downtown living in the heart of Toronto's Fashion District. Ideally situated steps from the Entertainment District and minutes from the Financial District, this sought-after address offers exceptional convenience surrounded by some of the city's finest restaurants, cafés, boutiques, nightlife and cultural attractions.This bright and spacious east-facing 2-bedroom plus den, 2-bathroom suite offers approximately 800 sq. ft. of thoughtfully designed living space, complemented by a private balcony with city views. Featuring 9-foot smooth ceilings, wide-plank laminate flooring and an open-concept layout, the suite combines modern finishes with everyday functionality. The inviting living and dining areas are filled with natural light and offer a walkout to the balcony, while the contemporary kitchen features quartz countertops and stainless steel appliances.The primary bedroom includes a closet and 4-piece ensuite, while the well-proportioned second bedroom offers a closet and convenient access to a 3-piece bathroom. A separate den provides valuable flexibility for a home office, study or additional living space. Ensuite laundry, underground parking and a separate locker complete this exceptional offering.Residents enjoy an impressive collection of amenities, including a 24-hour concierge, fitness centre, party room, games room, theatre viewing room, outdoor swimming pool and rooftop lounge with panoramic city views. With easy access to transit, parks, shopping and Toronto's vibrant dining and entertainment scene, 543 Richmond offers an outstanding opportunity to enjoy sophisticated urban living in one of downtown's most dynamic neighbourhoods.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$592
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,766
mls© NumberC14097586
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Heat Included
Common Elements Included
Building Insurance Included
Parking Included
Water Included
CAC Included

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,967
Property tax
$397
Heat allowance
$150
Condo fees, half counted
$296
Housing costs
$4,810 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $155,000
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,261 / mo
Cash down
$155,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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