543 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $859,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning 1+Den penthouse at 543 Richmond Residences with CN Tower views. Large den with windows can be used as a second bedroom. Located in the heart of the Fashion District, steps to the Entertainment District and minutes from the Financial District. Building amenities include 24hr concierge, fitness centre, party room, games room, outdoor pool, and rooftop lounge with panoramic city views. This upgraded unit features 1+Den, 2 baths with balcony, 9 ft smooth ceilings, wide plank laminate flooring, stainless steel kitchen appliances, and quartz countertops. East exposure. Locker included. Seller can fully furnish the unit with brand new furniture (approx. $10,000 value) if desired.
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 543 Richmond Street W PH05, Toronto C01, ON M5V 0W9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $859,000 in Toronto, the legal minimum down payment is $60,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,655 also applies, bringing the total estimated land transfer taxes to $27,310.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
