$775,000
For sale: Apartment

Welcome to 543 Richmond Residences at Portland by Pemberton Group, where contemporary style meets vibrant downtown living in the heart of Toronto's Fashion District. Ideally situated steps from the Entertainment District and minutes from the Financial District, this sought-after address offers exceptional convenience surrounded by some of the city's finest restaurants, cafés, boutiques, nightlife and cultural attractions.This bright and spacious east-facing 2-bedroom plus den, 2-bathroom suite offers approximately 800 sq. ft. of thoughtfully designed living space, complemented by a private balcony with city views. Featuring 9-foot smooth ceilings, wide-plank laminate flooring and an open-concept layout, the suite combines modern finishes with everyday functionality. The inviting living and dining areas are filled with natural light and offer a walkout to the balcony, while the contemporary kitchen features quartz countertops and stainless steel appliances.The primary bedroom includes a closet and 4-piece ensuite, while the well-proportioned second bedroom offers a closet and convenient access to a 3-piece bathroom. A separate den provides valuable flexibility for a home office, study or additional living space. Ensuite laundry, underground parking and a separate locker complete this exceptional offering.Residents enjoy an impressive collection of amenities, including a 24-hour concierge, fitness centre, party room, games room, theatre viewing room, outdoor swimming pool and rooftop lounge with panoramic city views. With easy access to transit, parks, shopping and Toronto's vibrant dining and entertainment scene, 543 Richmond offers an outstanding opportunity to enjoy sophisticated urban living in one of downtown's most dynamic neighbourhoods.
Sold data
Apartment homes in Toronto (Waterfront Communities) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 2,790 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $562,495.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 2,790 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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