543 Richmond Condos

543 Richmond Condos is coming to Fashion District. This fabulous project is by renowned and multi award winner developer Pemberton Group.

 

 

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Details of 543 Richmond Condos

• No. of floors – 15
• No. of units – 476
• Suites Starting floor- TBA
• Number of suites/floor – TBA
• Development Name – 543 Richmond Residences at Portland
• Developer (s) – Pemberton Group
• Architects – Quadrangle Architects
• Sq footage from – TBA
• Available in – Studio, 1 BR, 1BR+den, 2BR, 2BR+den
• No. of Floor plans – TBA

 

Highlights about 543 Richmond Condos and why to buy unit in this project-

• This project is coming at Richmond St and Portland which is in the regeneration areas. It means this area will go through major revamping and lots of businesses, modern redevelopments and community spaces will be created nearby.
• University of Toronto is just 1.8 kms away and at a walking distance
• Ryerson University is just 2 kms far
• OCAD university is at a distance of 1.5 km
• Osgoode Go Station is at 15 minutes walking distance
• Many schools nearby from 1.3 kms to 3 kms
• Near and around thousands of jobs in this area
• Walking distance to Entertainment district, Rogers Centre, Air Canada Centre, Union Station, CN Tower
• Close to all amenities such as grocery, banks, dining & restaurants
• Transit Score 100/100 – World Class transport System
• Walk Score  – 99/100 – Daily errands don’t require a car
• Bike Score – 53/100 – Bikeable

 

Information for Investors

• Rentability– Neighborhood vacancy rates below 2% with less than 8 days on market
• Rental Appreciation– Rental rates appreciated an average more than 10%  year over year (Source – Toronto Real Estate Board)
• Rental Rates in the area are following-
• 1 Bedroom- $1900- $2750, Median- $2050; Days in Market – 10
• 1 Bedroom + Den- $2100-$3800, Median – $2400; Days in Market – 13
• 2 Bedrooms- $2800-$4100, Median – $3300; Days in market – 15

(These are last 90 days stats from the date of pulling up Leased units data from Toronto Real Estate Board i.e. Aug 08, 2018)

 

Renderings of 543 Richmond Condos-

 

 

Location of Condos Project –

543 Richmond Street West, Toronto, Ontario, Canada

 

Walkscore of location-

 

Amenities (Anticipated and subject to change)

• Swimming pool
• Yoga Room
• 24 Hours Concierge
• Large multi-purpose party room
• Private dining room
• State of the art gym
• Saunas
• Steam rooms
• Change rooms
• Billiards room
• Media lounge
• Guest suites
• Barbecue stations
• Many more

 

VIP Deposit Structure (Limited time offer – Own with only 15% down)

$5,000 on Signing; Balance to 5% in 30 Days
5% in 120 Days
5% in 425 Days
5% in 540 Days

5% on occupancy

International Deposit

$5,000 on Signing; Balance to 10% in 30 Days
10% in 120 Days
10% in 425 Days
5% on Occupancy

Maintenance fee

(Includes WIFI / Excludes Hydro)
370 to 699 Sq. Ft – Approx. $0.60
700 to 999 Sq. Ft – Approx. $0.58
Over 1,000 Sq. Ft – Approx. $0.55

Parking

Parking $75,000 
$65,000
Parking Maintenance: $54.27

Locker

Regular – $6,900
Large – $9,900
Locker Maintenance:
Regular – $10.81
Large – $11.80

Expected Tentative Occupancy

November, 2021

Platinum Incentives (LIMITED TIME)

Why to Choose Us as Platinum/VIP Broker for Pre Construction Projects???

• First access guaranteed
• Platinum/VIP Prices
• Extended Platinum Deposit structure
• Best Platinum/VIP Incentives
• Capped closing Levies (Project Specific)
• Expert advise for condo unit selection and better understanding of floor plans
• Make you familiar with the process including important dates and closing costs
• Reviewing the Purchase and Sale Agreement before signing & making amendments, if necessary
• Free Mortgage approval; Wide network of Mortgage Consultants
• Free Pre delivery Inspection for our clients to check everything before possession
• Free Lawyer Review of Agreement of Purchase (Conditions apply)
• Refer to Lawyer at closing; team of lawyers available to serve our clients
• Over above – Expert, honest and Professional Services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright © 2018. All Rights Reserved. The information provided is for reference purposes only and is without any representations and warranties. The information should be verified. The website owners don’t represent the builders and developers of the condo/house project but represent the buyer/client of units. Sizes are approximate. Sizes, Specifications, Prices, inventory, Incentives and any other promotion are subject to change without notice. Errors and Omissions are Excepted. For Further Information, Please contact Karambir (KB) Singh MBA, CSSBB, PMP Real Estate Broker & Platinum/VIP Agent, 416 948 4757, World Class Realty Point Brokerage