543 Richmond Street W 804, Toronto C01

$629,900
543 Richmond Street W 804

$629,900

New
8d
Condo ApartmentApartment

543 Richmond Street W 804, Toronto C01

Total Monthly Obligation $3,488

Beds
2
Baths
2
Park
1
Sqft
600-699
DOM
8d
Score
20
Yield
5.8%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-C14083222
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$2,142.57 (2026)
Maintenance-$569.03/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

DOWNTOWN LIVING AT ITS FINEST WITH A PRIVATE TERRACE & PARKING! Welcome to Unit 804 at the highly sought-after 543 Richmond Residences by Pemberton Group, perfectly situated in the heart of Toronto's vibrant King West and Fashion District! This stylish 2-bedroom, 2-bathroom condominium offers 635 sq. ft. of thoughtfully designed living space, combining modern style, comfort, and functionality. The bright, open-concept living and dining areas create an inviting atmosphere for everyday living and entertaining, while the north-facing exposure offers views overlooking Richmond Street. Step directly from your living room onto your PRIVATE TERRACE, a wonderful extension of your living space and the perfect setting for morning coffee, relaxing after a busy day, or entertaining friends while enjoying the downtown atmosphere! An INCLUDED PARKING SPACE adds exceptional convenience and value in this sought-after location. Residents enjoy an outstanding collection of resort-inspired amenities, including a 24-hour concierge, fully equipped fitness centre, sauna, steam room, outdoor swimming pool and patio, rooftop lounge, study room, and more! This pet-friendly residence also offers building internet and Eddy Smart Leak protection for added convenience and peace of mind. Step outside and experience the best of downtown Toronto, surrounded by incredible restaurants, trendy cafés, boutique shopping, nightlife, and entertainment. Just steps from Waterworks Food Hall, Queen West, King West, grocery stores, parks, and public transit, with the Financial and Entertainment Districts close by. Whether you're a first-time buyer, urban professional, downsizer, or investor, this exceptional residence offers the perfect combination of LOCATION, LIFESTYLE & CONVENIENCE! A fantastic opportunity to own a TWO-BEDROOM, TWO-BATHROOM CONDO WITH A PRIVATE TERRACE & PARKING in one of Toronto's most exciting neighbourhoods!

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

Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,488/mo
Mortgage $2,541
Monthly Loss $2,820
Principal$669
Interest$1,872
Property Tax$179
Condo Fees$569
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$36,564/yr
NOI
$21,537/yr
Net Cash Flow
-$746/mo
Cash Margin
-24.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
24.5/ 100

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

Comparables

Properties near 543 Richmond Street W 804

Time

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Data last updated within the past 24 hours.