543 Richmond Street W 221, Toronto C01

$579,000
543 Richmond Street W 221

$579,000

New
29d
Condo ApartmentApartment

543 Richmond Street W 221, Toronto C01

Total Monthly Obligation $3,371

Bed+Den
2+1
Baths
2
Park
0
Sqft
600-699
DOM
29d
Score
18
Yield
5.4%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-C13826860
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,698 (2026)
Maintenance-$527/mo
Locker-None
Parking-Underground
Basement-Apartment
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Welcome To Urban Living Brand New Condo At Its Finest In The Heart Of Downtown Toronto! This Spacious 685 SQ FT And Stylish 1+Den, 2 Full Baths Condo, The den Is Generously Sized And Can Easily Serve As A Second Bedroom With Sliding Doors At 543 Richmond Offers Modern Comfort With A Functional Layout And West-facing Views. Rare 10 ft Ceilings in A Downtown Condo. Modern Kitchen With Stone Counter. Beautiful Glass Shower In Ensuite. Just Across the Street From Loblaws Grocery And Winners, Minutes From The Vibrant Entertainment District, Restaurants, Boutique Shops, Dog Parks, Queen St, TTC, Ideal Mix Of Convenience and Fun. Prime Location at 543 Richmond St W! Steps to King West, Queen West, restaurants, cafes, shopping and transit. Future Ontario Line King West Station nearby. Enjoy Top-Notch Amenities: 24-Hour Concierge, Free Visitor Parking, A State-Of-The-Art Fitness Center With Modern Equipment, A Stunning Lounge and Party Room, A Games Room, An Outdoor BBQ Terrace And Pool, As Well As A Rooftop Terrace Showcasing The City Skyline10Ft Smooth Ceilings, Wide Plank Laminate Flooring, Stainless Steel Kitchen Appliances, Quartz Counter Tops.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$463,200
Land Transfer Taxes$8,055
Legal Fees (Est.)
$
Total cash required for closing$125,355

Total Monthly Obligation

$3,371/mo
Mortgage $2,336
Monthly Loss $2,756
Principal$615
Interest$1,721
Property Tax$308
Condo Fees$527
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
8.0%23
10-Year IRR
9.2%
Returns Index
12.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,284/yr
NOI
$15,734/yr
Net Cash Flow
-$1,024/mo
Cash Margin
-39.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
23.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 543 Richmond Street W 221

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.