543 Richmond St W 512

FOR SALE
$678,000
543 Richmond St W 512, Downtown Toronto
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
543 Richmond St W 512
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C12015955
MLSID
Contact Us
Property Description
Come to the Fashion District, 543 Richmond, an incredible opportunity to live at this Prime location. 1 Bedroom, 1 Bathroom W/ Balcony, perfect square layout with no wasted space, this unit feels airy and sunny. Close to the Entertainment District, minutes from the Financial District, Developed by a very reputable builder "Pemberton Group", this building features a range of amenities from cutting-edge Fitness Centre, stylish Party Room, refreshing Outdoor Pool and other premium features that offers you the best joy in life. With its Open-concept living space, this unit is designed to impress. The property is currently leased until May 1, 2025; excellent AAA tenant, willing to stay; Owner will provide vacant possession.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-16 2024-04-18 2 $2,100 $2,100 Leased
Nearby Intersections
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain9.09' x 11.58'Laminate, Open Concept, W/O To Balcony
DiningMain10.60' x 8.60'Laminate, Open Concept, Combined W/Kitchen
KitchenMain10.60' x 8.60'Laminate, Stainless Steel Appl, Stone Counter
BrMain10.33' x 10.83'Laminate, Closet, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
543 Richmond St W 512 is a 1-bedroom 1-bathroom condo listed for sale at $678,000, which is $120,890 (21.7%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Soho Classic Realty Ltd.
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