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616 - 543 Richmond Street

616 - 543 Richmond Street

Toronto C01, ON

  • 1 bed
  • 1 bath
  • approx. 500-599 sqft
  • Condo Apartment
  • 54 days on market
$509,900Price reduced 5%

Welcome to 543 Richmond Residences by Pemberton Group, ideally situated in the heart of King West. This bright 1-bedroom, 1-bathroom suite features an east-facing exposure and well designed open-concept layout that seamlessly connects the living, dining, and kitchen areas. Step outside to one of the largest private terraces in the building-an exceptional outdoor space perfect for dining, entertaining, or simply unwinding. Located just steps from the Fashion District and Entertainment District, with the Financial District only minutes away, this home offers the best of downtown living. Residents enjoy an impressive selection of amenities, including a 24-hour concierge, fully equipped fitness centre, party room, games room, outdoor pool, and a rooftop lounge with panoramic city views. ** One of premiere low supply Bldgs in King West radius **

Listing Details

Taxes (2025)
$3,320
Originally Listed
$538,000
Listed
July 16, 2026

Price History

Property

Style
Apartment
Construction
Concrete
Interior
None

Parking

Garage
Underground
Covered Spaces
0
Total Parking
0

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Richmond/Portland
Parcel Number
770910260
Possession
Other
Occupancy
Tenant

Condo

Maintenance Fee
$413/month
Fee Includes
Common Elements Included, Building Insurance Included, Heat Included, Water Included, CAC Included
Pets
Yes-with Restrictions
Locker
None
Balcony
Open
Amenities
Concierge, Party Room/Meeting Room, Outdoor Pool, Gym, Exercise Room, Rooftop Deck/Garden

Included

Inclusions
All stainless appliances, elf's.

Schools

Elementary

  • St Mary Catholic School0.3 km

    Catholic · Toronto CDSB · 155 students

    Grade 3 reading: 53% met the provincial standard · Grade 6 math: 38% met the provincial standard

  • ALPHA Alternative Junior School0.3 km

    Public · Toronto DSB · 75 students

  • Ryerson Community School Junior Senior0.5 km

    Public · Toronto DSB · 335 students

    Grade 3 reading: 60% met the provincial standard · Grade 6 math: 26% met the provincial standard

Secondary

  • Oasis Alternative Secondary School0.3 km

    Public · Toronto DSB · 80 students

  • Heydon Park Secondary School1.1 km

    Public · Toronto DSB · 130 students

  • Subway Academy II1.1 km

    Public · Toronto DSB · 50 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M5V

Population
59,912
Private dwellings
42,449
Median age
32
Average household size
1.6
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Toronto C01 · last 12 months

Median sold price
$659,900
Homes sold
3,083
Median days on market
26
Sale-to-list price
97.6%

Based on 3,083 recorded sales of residential condo & other properties in Toronto C01 over the last 12 months.

Rooms

3-piece

Main

  • Bedroom10'11" x 9'
  • Dining Room10'6" x 10'4"
  • Kitchen10'6" x 10'4"
  • Living Room12'6" x 11'

Listed by

RE/MAX WEST REALTY INC.

Walk Score

100

Walk

100

Transit

99

Bike

Scores by Walk Score®

Mortgage Calculator

$101,980

Estimated Monthly Payment

$2,505

Land transfer tax

Estimated land transfer tax$6,673

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,505/mo (20% down, 5.5%)

Taxes: $277/mo · Insurance: $127/mo

Maint: $413/mo

Estimates only. Consult a financial advisor.

R

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