616 - 543 Richmond St W

$599,9001 bd1 ba0 pk500 - 599 sqft

For Sale543 Richmond

4.0

10 Days on Strata

Est Sell Timeframe:

17 Days

$599,900

1 Bed

1 Bath

0 Parking

500 - 599 SQFT

Listing History

Details

Property Type:

Condo

Maintenance Fees:

$0/mth

Taxes:

$0 (2025)

Cost Per Sqft:

$1,002 - $1,200/sqft

Outdoor Space:

Balcony

Locker:

None

Exposure:

East

Possession Date:

30/45/60

Laundry:

Main

Amenities

No Data

About this Listing

Welcome to 543 Richmond Residences at Portland by Pemberton Group, located in the heart of King West. This 1 Bed, 1 Bath suite features a bright East exposure, an open-concept living, dining, and kitchen layout, and one of the largest private terraces in the building perfect for outdoor dining, entertaining, or relaxing. Steps to the Fashion District & Entertainment District, and minutes to the Financial Core. Building amenities include a 24hr Concierge, Fitness Centre, Party Room, Games Room, Outdoor Pool, and Rooftop Lounge with panoramic city views.

ExtrasAll appliances, all existing window coverings and all existing light fixtures.

re/max west realty inc.MLS® #C12074818

Maintenance Fees

Included in Fees

Building Maintenance

Building Insurance

Not Included

Hydro

Heat

Air Conditioning

Water

Utility Type

Air Conditioning

Central Air

Heat Source

No Data

Heating

Forced Air

Room Dimensions

Living

Laminate, Open Concept, Walkout To Balcony

12.5 x 10.99ft

Dining

Laminate, Open Concept, Combined with Kitchen

10.5 x 10.34ft

Kitchen

Laminate, Stainless Steel Appliances, Stone Counter

10.5 x 10.34ft

Bedroom

Laminate, Closet, Window

10.93 x 8.99ft

Buyer's Market

Balanced

Seller's Market

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Bikeability

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Demographics

Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

Population

18,483

Average Individual Income

$71,628

Average Household Size

3 persons

Average Age

Average Household Income

$108,396

Dominant Housing Type

High Rise Apartment

Population By Age

0 - 14

14%

15 - 19

20 - 34

23%

35 - 49

20%

50 - 64

20%

65+

19%

Household Income

$0 - $30,000

45%

$30,000+

23%

$60,000+

15%

$90,000+

10%

$125,000+

Housing Types & Tenancy

High Rise Apartment

43%

Semi Detached

25%

Detached

24%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

Other

72%

Mandarin

13%

Cantonese

Tagalog

Arabic

Spanish

Urdu

Korean

Education

University and Above

43%

High School

21%

College

15%

None

12%

University Below Batchelor

Apprenticeship

Major Field of Study

Business Management

25%

Architecture & Engineering

17%

Social Sciences

12%

Health & Related Fields

10%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Visual & Performing Arts

Personal, Protective & Transportation Services

Maintenance Fees

543 Richmond vs The Queen West Area

Building Trends At 543 Richmond

Days on Strata

Units at 543 Richmond spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

above

the list price.

Offer Competition

Condos in this building have an

AVERAGE

chance of receiving

Multiple Offers

compared to other buildings in Queen West

Turnover of Units

On average, each unit is owned for

N/A

YEARS before being sold again

Property Value

-5%

Decrease in property value within the past twelve months

Price Ranking

23rd

Highest price per SQFT out of 52 condos in the Queen West area

Sold Units

Units were Sold over the past twelve months

Rented Units

225

Units were Rented over the past twelve months

Best Value Rank

543 Richmond offers the

N/A

best value out of 52 condos in the Queen West neighbourhood

Appreciation Rank

543 Richmond has the

N/A

highest ROI out of 52 condos in the Queen West neighbourhood

Rental Yield

543 Richmond yields the

N/A

highest rent prices out of 52 condos in the Queen West neighbourhood

High Demand

543 Richmond is the

N/A

most popular building out of 52 condos in the Queen West neighbourhood

Transaction Insights at 543 Richmond

	Studio	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	No Data	$595,000	$542,000 - $688,888	No Data	No Data	No Data	No Data
Avg. Cost Per Sqft	No Data	$1,081	$980	No Data	No Data	No Data	No Data
Price Range	$1,850 - $2,000	$2,000 - $2,400	$2,100 - $4,450	$2,500 - $3,500	$3,100 - $3,600	$3,500 - $4,795	$4,400 - $4,800
Avg. Wait for Unit Availability	No Data	78 Days	76 Days	No Data	No Data	No Data	No Data
Avg. Wait for Unit Availability	13 Days	8 Days	3 Days	14 Days	24 Days	16 Days	15 Days
Ratio of Units in Building	4%	16%	44%	11%	7%	7%	2%