543 Richmond Condos, Toronto ON M5V 1Y6 Photo 1

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543 Richmond Condos -

543 Richmond Condos

543 Richmond Condos - 

Find calm away from the commotion. A chic sanctuary that says you’ve moved up. But you don’t have to move on. Dine on King, indulge on Queen and then find your way home. Steps from the Entertainment District, yet one step removed from the bustle, the best of both worlds awaits at 543 Richmond. This new project is a mid-rise condominium in the pre-construction phase in Toronto’s Fashion District. Developed in the Pemberton Group, it’s proposed to stand 15 storeys with 476 units. The building, set to be designed by Quadrangle Architects, will be U-shaped, occupying the southwest corner of Richmond Street West and Portland Street. The structure’s unique shape will allow for a publically-accessible, landscaped courtyard to be incorporated in the centre, while allowing for outdoor amenity space to be located on the roof of the ground floor.

The midrise portion will be anchored by an eight-storey podium, while the remaining seven floors will feature stepbacks, terraces and wraparound balconies, adding a textured, architectural appeal to the site. Two levels of underground parking are proposed, which will include 262 spaces for vehicles and 659 spaces for bicycles. The unit mix is expected to incorporate 6 bachelor units, 171 one-bedroom units, 185 one-bedroom-denand 174 two-bedroom units, a diverse combination suitable for a wide range of professional owners or tenants. The residential lobby is expected to be accessed along the site’s western façade, with indoor amenity space located in the building’s mezzanine.

This new condo project is located in a portion of downtown Toronto designated as a “regeneration area.” The immediate area is occupied by a mix of historic warehouses, modern condominiums and mixed-use buildings, but the regeneration designation is encouraging the restoration and re-use of many of these existing buildings, along with the revitalization of sites that are underutilized. These policies are encouraged to house the expected growth for the city’s downtown, meaning it’s a great time to invest in property here. Young professionals, creative types and executives who crave the downtown energy, flock to this neighbourhood, both for its unique architecture and proximity to some of the city’s hottest restaurants, clubs, bars and art galleries. It’s mere steps from the trendy West Queen West area and the Entertainment District, both vibrant pockets throughout the day and night.?

543 Richmond has been equipped with Eddy’s award winning intelligent water monitoring/leak protection technology to ensure that the risk of water damage is mitigated. The solution includes overall protection on the building’s main feed and boiler system, as well as common areas. In your suite, sensors are placed in high risk areas and near water sources to immediately detect leaks and notify you and property management. In addition to protection, you may be eligible for a discount from your insurance company.?

Charming and walkable, the site also scores a perfect 100 on its Transit Score. It’s steps from two 24-hour streetcar lines and a few minutes’ ride to the nearest subway station, making it a great option for those who work downtown and like to walk or take public transit, which studies show many contemporary homeowners do. The site is a short commute to Ryerson University, The University of Toronto and George Brown College, as well as a massive redevelopment just minutes away on King Street West that will see the inclusion of a new OCAD campus. As an extra bonus, this building is also a short stroll from the popular Trinity Bellwoods Park, another reason units here are often in high demand. The park is a popular destination in the summer, featuring farmers’ markets, art shows, yoga classes and plenty of leafy trees and space for picnics.

Located in the heart of the city between two of Toronto’s most iconic streets, 543 Richmond is perfectly nestled in the best of both worlds. Minutes from the financial district, entertainment district, fashion district, PATH System, Trinity Bellwoods Park, OCAD, Soft, Ryerson and Toronto Western Hospital. Steps from 24-hour transportation, highway and airport access. Located in the best culinary neighbourhood in Canada, with more than a dozen of Toronto’s hottest nightclubs and live venues all within walking distance.

The Pemberton Group has spent decades building a reputation for high-end residential and commercial developments throughout the GTA. We’ve seen innovative designs, upscale finishes and dazzling amenities in many of their buildings. In Toronto, they favour dynamic neighbourhoods with access to rapid transit and proximity to urban hotspots.?

Amenities Include:

  • 24-Hour Concierge
  • 2nd Floor Amenities: Large Fitness Centre, Seasonal Outdoor Pool, Games Room, Video Room, Party Rooms
  • 8th Floor Amenities: Study Room, Rooftop Lounge

Finishes Include:

  • Stainless Steel Appliances
  • Custom Contemporary-Designed Kitchen Cabinetry
  • Quartz Counter Top – Vanity, Kitchen, Window Sills
  • Roller Shades Included
  • 9’ Smooth Painted Ceilings
  • 5 1⁄2” Laminate Flooring
  •  Stacked Washer / Dryer
  • Four-Pipe Fan Coil – For Year Round Control

Schools Nearby:

  • Schools in the Area
  • Ryerson University
  • George Brown
  • University of Toronto
  • OCAD University

Parks in the Area:

  • Carr Street Parkette
  • Alexander Park
  • Victoria Square Park
  • Clarence Square
  • Trinity Bellwoods Park
  • Grange Park Toronto

Property Details

  • Property ID: 101376546
  • New Construction: No
  • Style: Residential
  • Status: Active
Listed By Mahsa Navab Daneshmand of CENTURY 21 Leading Edge VIP Realty Inc.
in Service Agreement with CENTURY 21 Leading Edge Realty Inc., Brokerage*