502 - 543 Richmond Street W, Toronto, ON M5V 1Y6
Waterfront Communities, Toronto · Near Richmond & Portland · View map
About this home
Welcome to 543 Richmond St W - Modern Downtown Living in the Heart of Toronto! This stylish 1-bedroom condo features a smart open-concept layout with contemporary finishes, floor-to-ceiling windows, 9' ceilings, and an open balcony offering a bright and inviting living space. Perfect for professionals, first-time buyers, or investors seeking the ultimate downtown lifestyle. A rare downtown bonus, this unit includes one parking space and a locker. Enjoy an unbeatable location just steps from an incredible selection of trendy restaurants, cafés, shops, entertainment, and everyday conveniences. Ideally situated close to Toronto's Financial District, Entertainment District, King West, Queen West, TTC, and major transportation routes, making commuting and exploring the city effortless. Residents enjoy an impressive range of building amenities, including 24-hour concierge, fitness center, party room, games room, outdoor pool, rooftop lounge with panoramic city views, and more. Whether you're looking for a vibrant downtown home, or an excellent investment opportunity, this condo offers the perfect combination of modern living, exceptional amenities, prime location, parking, and convenience. Don't miss this opportunity to experience downtown Toronto living at its best!
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 500-599 sq ft
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Basement
- None
- Faces
- North
- Level
- 5
- Balcony
- Open
- Laundry
- Ensuite, In Bathroom, In-Suite Laundry, Laundry Closet
- Approximate age
- 0-5 years
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $486.37/mo
- Fee includes
- Building Insurance, Common Elements, Parking, Water
- Complex
- TSCP 3091
- Property management
- Shelter Canadian Properties Limited
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Security
- Carbon Monoxide Detectors, Concierge/Security, Security Guard, Smoke Detector
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
- Parking features
- Underground
Taxes & other
- Property taxes
- $3,514/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- 60 Days
- Cross street
- Richmond & Portland
- Neighbourhood
- Waterfront Communities
More
- Price per sq ft
- ~$1,054 (at 550 sq ft)
- MLS® number
- C13779394
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The home and its surroundings
- Carpet Free
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
- School
Included in the maintenance fee
- Building Insurance
- Common Elements
- Parking
- Water
Shared in the complex
- Concierge
- Gym
- Outdoor Pool
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Exercise Room
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
543 Richmond Street, Toronto, ON M5V 1Y6
Waterfront Communities, Toronto · Near Richmond & Portland
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Listing history for 543 Richmond Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Condo apartment$789,000408 - 543 Richmond Street W, Toronto2+1 bed · 2 bath · Waterfront CommunitiesCourtesy of: IRISEView home →Frequently asked questions about 502 - 543 Richmond Street W
Answers come straight from this home’s MLS® listing.
How much is 502 - 543 Richmond Street W listed for, and what would it cost each month?
502 - 543 Richmond Street W is listed for $579,900. With 20% down ($115,980), the mortgage payment would be roughly $2,339 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,118 a month, all in. That figure is an illustration, not a quote.
Is 502 - 543 Richmond Street W freehold or a condo, and is there a monthly fee?
502 - 543 Richmond Street W is a condo apartment in Waterfront Communities, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $486.37 a month. The listing says it covers building insurance, common elements, parking, water. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 502 - 543 Richmond Street W have?
502 - 543 Richmond Street W has 1 bedroom and 1 bathroom.
Does 502 - 543 Richmond Street W have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 502 - 543 Richmond Street W have a finished basement?
No. The listing shows no basement for this home.
What style of home is 502 - 543 Richmond Street W?
502 - 543 Richmond Street W is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 502 - 543 Richmond Street W?
The listing puts the home between 500 and 599 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 502 - 543 Richmond Street W heated and cooled?
Heating is forced air (electric). Cooling is central air.
What are the property taxes for 502 - 543 Richmond Street W?
Property taxes are $3,514 a year (2025), or about $293 a month.
Are pets allowed at 502 - 543 Richmond Street W?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 502 - 543 Richmond Street W?
502 - 543 Richmond Street W is in the Waterfront Communities community of Toronto. The nearest main intersection is Richmond & Portland. The postal code is M5V 1Y6.
Is 502 - 543 Richmond Street W still for sale?
Yes. It is an active listing (MLS® C13779394). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 502 - 543 Richmond Street W asking?
Similar condos for sale nearby right now include 528 - 543 Richmond Street W at $579,999 (1+1 bed), 221 - 543 Richmond Street W at $579,000 (1+1 bed) and 814 - 543 Richmond Street W at $588,000 (1+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 543 Richmond Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 502 - 543 Richmond Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: RE/MAX REALTY SPECIALISTS INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.