741-543 Richmond Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13166082
About this home
This Remarkable 3 Bed 2 Bath Corner Unit with 2 Parking & 2 Lockers is Unique in the Building & Just Waiting for You to Make It Your New Home. No Neighbours Above so Like a Penthouse Quiet and Yes, 2 side by side spots. When parking spots go for $80K each the value of this unit is evident !! The opulent finishes, sleek appliances and bright airy vibe of a corner unit make this one stand out. Resort-style amenities include a 24-hour concierge, state-of-the-art fitness centre, a stunning outdoor pool with an expansive sun deck and much more. Steps from the endless delights and hustle of King & Queen Streets, a tranquil retreat awaits at The Residences on Portland. A wealth of elevated amenities offers plenty of reasons to stay home and savour your personal urban oasis. Over 18,000 square feet of ground retail floor is at your disposal whenever you need it. Just a few minutes away, you'll find more than a dozen of Toronto's hottest nightclubs, rooftops and live venues from Fort York to The Drake to Rogers and Scotiabank Centres. If gastronomical delights inspire you, you'll enjoy scoring a table for two at one of the city's hottest restaurants that surround you here. Dine on King, indulge on Queen and then find your way home. In the Fashion District, steps from the Entertainment District, but one step removed from the bustle of King and Queen Streets, the best of both worlds awaits at 543 Richmond. Live in and celebrate one of Toronto's most diverse neighborhoods, a shining example of urban industry, growth and accessible employment. Toronto's downtown is a local and national economic hub. With more than a third of the city's jobs located within walking or biking distance your commute couldn't be more convenient. Whether it's enjoying incredible nights out on the town or nestling for a quiet evening you are covered. Complete with everything you need to relax and unwind, 543 Richmond will elevate your living experiences inside and out. Luxurious Value Awaits.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13166082
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 800-899
- Cross streets
- Richmond Just East of Bathurst
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $806/mo
- Exposure
- North West
- Property tax
- $5,407 / 2025
- Days on market
- 61
- Listing brokerage
- RE/MAX REALTY ENTERPRISES INC.
Rooms
large window · 4 pc ensuite · plank
4 Pc Ensuite
open concept · plank · w/o to balcony
large window · closet organizers · plank
large closet · plank · 4 pc bath
3 Pc Bath
open concept · plank · stainless steel appl
large window · closet organizers · plank
Listed at $998,999, and my independent estimate is about 34% above what comparable homes suggest.
In Waterfront Communities C1 lately, sellers get about 97% of asking; homes sell in ~36 days.
Total price vs nearby homes. Fair value about $743K, median of 8 comparables.
How this estimate is builtthe short version
I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $910K, higher than the comparables and worth a second look.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
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.
Based on 8 comparable homes that recently sold nearby.
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 19% above the area average of $988/sqft.
On the market now.
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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $799,199 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,265
- Property tax
- $451
- Condo / maintenance fees
- $806
- Heating
- $0
- Estimated monthly cost
- $5,521
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Toronto municipal land transfer tax
- $16,455
- Estimated closing costs
- $32,910
Plus your down payment of $199,800. 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
- $255,889
- Principal paid down
- $101,778
- Interest paid
- $154,111
- Balance remaining
- $697,421
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 RE/MAX REALTY ENTERPRISES INC.. MLS®/PropTx.