1128-543 Richmond Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13532196
About this home
Retreat to 543 Richmond. Some homes are a starting point. This one is your next step. Whether you're moving up from a smaller condo, planning for the future, or simply craving space without leaving the energy of downtown, this rare 3-bedroom, 3-bathroom residence gives you room to grow. Need a dedicated work-from-home office? The den has you covered. Dreaming of a cozy media room for movie marathons? It's ready. Need that third bedroom again down the road? Converting the space back is effortless, making this a home that evolves with you. Thoughtfully upgraded and beautifully finished, this suite pairs exceptional functionality with timeless design. Elegant herringbone flooring immediately elevates the space, while brand-new pot lights illuminate the open-concept living and dining area. Nine-foot smooth ceilings, quartz countertops, custom cabinetry with under-cabinet lighting, stainless steel appliances, and contemporary finishes create a home that's equally suited for quiet nights in and entertaining friends. Each of the three full bathrooms is finished with quartz vanities, while the primary ensuite features a sleek frameless glass walk-in shower.Step onto your private balcony for a breath of fresh air before heading out to experience everything the neighbourhood has to offer. Nestled in the heart of Toronto's Fashion District, you're moments from the Entertainment District, Financial Core, award-winning restaurants, cafés, boutique shopping, nightlife, and transit. When you're home, enjoy an impressive collection of amenities including a 24-hour concierge, fitness centre, party and games rooms, an outdoor pool, and a rooftop terrace.Buying your next home doesn't always mean buying a house. Sometimes, it means finding a space that grows with you, adapts to every stage of life, and lets you enjoy everything downtown has to offer-without compromise. Welcome Home
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13532196
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3
- Size
- 1000-1199
- Cross streets
- Richmond & Portland
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $796/mo
- Exposure
- North West
- Property tax
- $5,954 / 2026
- Days on market
- 15
- Listing brokerage
- SAGE REAL ESTATE LIMITED
Rooms
west view · combined w/kitchen · large window
glass doors · closet
west view · 3 pc ensuite · closet organizers
west view · b/i appliances · modern kitchen
west view · open concept · combined w/living
3 pc ensuite · closet · west view
Listed at $1,025,000, 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.
In Waterfront Communities C1 lately, sellers have been getting about 98% of asking and homes sell in about 38 days.
Based on 83 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 83 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.09M, a bit higher.
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, sold for $1.16M
- Bedrooms +$25K
- Bathrooms +$13K
- Adjusts to $1.20M
That comparable adjusts to $1.20M; the $934K estimate above is the median of all 83 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
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.
Total price vs nearby homes. Fair value about $934K, median of 83 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. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 6% below the area average of $991/sqft.
14 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.
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 $820,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,376
- Property tax
- $496
- Condo / maintenance fees
- $796
- Heating
- $0
- Estimated monthly cost
- $5,668
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,975
- Toronto municipal land transfer tax
- $16,975
- Estimated closing costs
- $33,950
Plus your down payment of $205,000. 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
- $262,549
- Principal paid down
- $104,427
- Interest paid
- $158,122
- Balance remaining
- $715,573
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 SAGE REAL ESTATE LIMITED. MLS®/PropTx.