933-543 Richmond Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C12787620
About this home
543 Richmond Residences at Portland | Sophisticated 1+Den Sanctuary Discover modern downtown living in the heart of Toronto's Fashion District. This bright and spacious 1-bedroom plus large den suite is meticulously designed for style, comfort, and versatility. THE SUITE Flexible Layout: The large den is perfect for a professional home office, nursery, or guest room. Premium Finishes: 9ft smooth ceilings, wide 5.5" laminate flooring, and elegant light fixtures. Modern Kitchen: Custom cabinetry, under-cabinet lighting, quartz countertops, and stainless steel appliances. Spa-Like Bath: Features a walk-in shower with a frameless glass door. Private Oasis: Enjoy a private balcony overlooking lush gardens, a serene courtyard, and the outdoor pool. Climate & Comfort: Four-pipe fan coil system for year-round climate control and manual roller shades included. THE BUILDING AMENITIES24-Hour Concierge & Suite Entry Alarm Monitoring. Rooftop Terrace with outdoor pool and BBQ area. State-of-the-art Gym and Yoga Studio.8th-Floor Study Lounge with outdoor terrace. Games Room, Theatre Room, and Party Room with bar and catering kitchen. THE LOCATION Unbeatable convenience in the Fashion District. Steps from the Financial District, King West's world-class dining and nightlife, and multiple TTC lines. This is the perfect blend of luxury and investment potential.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C12787620
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- Richmond and Portland
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete Block
- Maintenance
- $391/mo
- Exposure
- North West
- Property tax
- $3,277 / 2025
- Days on market
- 154
- Listing brokerage
- HOME STANDARDS BRICKSTONE REALTY
Rooms
balcony · open concept
Walk-In Closet(s)
B/I Appliances
Listed at $550,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
Based on 27 similar homes nearby, adjusted for size, beds, and baths.Median of 27 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $631K, higher than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $559K
- Adjusts to $559K
That comparable adjusts to $559K; the $498K estimate above is the median of all 27 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is City School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Bathurst St at Queen St West is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $498K, median of 27 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 7% above the area average of $938/sqft.
153 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C1, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Bathurst St at Queen St West, about 179 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $440,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,348
- Property tax
- $273
- Condo / maintenance fees
- $391
- Heating
- $0
- Estimated monthly cost
- $3,012
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,475
- Toronto municipal land transfer tax
- $7,475
- Estimated closing costs
- $14,950
Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $140,880
- Principal paid down
- $56,034
- Interest paid
- $84,846
- Balance remaining
- $383,966
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOME STANDARDS BRICKSTONE REALTY. MLS®/PropTx.