543 Richmond St W 522

FOR SALE
$579,999
543 Richmond St W 522, Downtown Toronto
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
543 Richmond St W 522
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C12001856
MLSID
Contact Us
Property Description
Located in the vibrant Fashion District, 543 Richmond presents an incredible opportunity. Its prime location places you close to the Entertainment District and just minutes from the Financial District, offering a lively and well-connected lifestyle. Developed by Pemberton Group, the building features a variety of high-end amenities, such as a cutting-edge Fitness Centre, a stylish Party Room, a refreshing Outdoor Pool, and other premium features that elevate the living experience. With 530 square feet of open-concept living space, this unit is designed to impress.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-15 2024-12-02 17 $2,550 - Terminated
2024-05-02 2024-05-09 7 $2,300 $2,300 Leased
Nearby Intersections
Property Details
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
500-599
Taxes
$4,076 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
543 Richmond St W 522 is a 1-bedroom 1-bathroom condo listed for sale at $579,999, which is $22,889 (4.1%) 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 The Agency
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