$649,000
For sale: Apartment

Welcome to Pemberton Group's prestigious 543 Richmond Residences, ideally situated in the heart of Toronto's vibrant Fashion District. Just steps from the Entertainment District and minutes to the Financial District, this exceptional location places you moments from the culinary hotspots of Portland Street and King Street West, where some of the city's finest restaurants, cafés, and nightlife await. The residence itself offers a quiet, private, and residential atmosphere, providing the perfect retreat from the energy of downtown. This stunning 2-bedroom, 2bathroom suite showcases clean, neutral, and chic finishes throughout and is located in a building that's only two years old. Thoughtfully designed with a highly functional open-concept layout, every square foot is maximized to create an airy, spacious feel ideal for both everyday living and entertaining. The desirable east-facing exposure fills the home with beautiful morning light. Residents enjoy an exceptional collection of amenities, including a 24-hour concierge, state of-the-art fitness centre, party room, games room, outdoor pool, and a spectacular rooftop lounge with panoramic city views, plus much more.
Sold data
Homes in Waterfront Communities took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 50, across 421 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $624,800.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 421 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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