543 Richmond Residences at Portland
By: Pemberton Group
This new project is a mid-rise condominium in the pre-construction phase in Toronto’s Fashion District. Developed by the Pemberton Group, it’s proposed to stand 15 storeys with 476 units. 543 Richmond Residences at Portland has an occupancy date of 2021.
These residences set a new standard for living in the city and suites are selling now. Pricing, floor plans, deposit structures and maintenance fees are all information available through our platinum agents, so do not hesitate, this is your chance to access the best units at the best pricing.
400,000 - 4,200,000
543 Richmond St W, Toronto, Ontario, Canada
Location & Neighbourhood
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.
Just down the street, we’ve seen a handful of residential redevelopments, including a 14-storey loft conversion recently approved by the OMB. We’re expecting this Fashion District condominium to complement its surroundings while adding a contemporary touch to the neighbourhood, suited for its role as a major urban destination.
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.
These condos will be part of Concord Park Place, which is being developed by one of the most influential developers in Toronto, Concord Adex. They’re renowned for playing one of the most influential roles in shaping Toronto’s skyline by developing the the CityPlace master-planned community, which was pivotal for fleshing out the cityscape from the waterfront.
We expect the same thing to happen with Park Place. This will be a walkable and integrated new neighbourhood with plenty of shops in the ground level of the buildings.
This trio of buildings will feature an innovative twist on the railing balcony with a curved European flair along its signature stature. Each building will have its own impressive and unique view of the 8 acre parkland surrounding this preconstruction development. Sharing one pavilion-style podium, this project will be the epicentre of this new neighbourhood.
Suites throughout this project will range from junior 1-bedroom units starting at 372 to 455 square feet. 1-bedroom units ranging from 555 to 711 square feet. 1-bedroom plus den units ranging from 727 to 875 square feet. 2-bedroom units will range from 727 to 1172 square feet and 3-bedroom units will range from 1168 to 1698 square feet. There will surely be a layout perfect for any walk of life.
543 Richmond Residences at Portland By: Pemberton Group
|Sales Status:||Building Type:||Suite Sizes:|
|Platinum Pre-Construction||Condo||448 sq.ft to 1,654 sq.ft|
|Starting Price Per Square Foot:||Parking Price:||Maintenance Fees:|
|$ 892.85/sq.ft||$ 120,000||$0.75/sqft.|