Assignment Condo for Sale
Lower Penthouse Distress Sale! Secure this rare 1+Den, 2-Bathroom suite at 543 Richmond West for an incredible $720,000—priced significantly below the original purchase price. Located on the 14th floor with stunning Northwest views, this assignment sale offers a unique opportunity to own a luxury downtown residence with immediate equity in Toronto’s vibrant Fashion District. Prime […]
Register below to secure your unit
Secure this rare 1+Den, 2-Bathroom suite at 543 Richmond West for an incredible $720,000—priced significantly below the original purchase price. Located on the 14th floor with stunning Northwest views, this assignment sale offers a unique opportunity to own a luxury downtown residence with immediate equity in Toronto’s vibrant Fashion District.
Nestled at 543 Richmond Street West, in the highly coveted Waterfront Communities C1 neighborhood, this residence offers the ultimate downtown lifestyle. Located at the intersection of Richmond and Bathurst, residents are steps away from the city’s trendiest restaurants, luxury boutiques, and a buzzing nightlife scene. With effortless access to the Queen and King streetcars, and the nearby green space of Trinity Bellwoods Park, this location perfectly balances urban energy with neighborhood charm.
Suite LPH01 is a premium 1-bedroom plus den residence situated on the 14th floor. Spanning 640 square feet, this unit features a highly functional layout that includes two full bathrooms—a rare and valuable find for a 1+Den configuration. The Northwest exposure ensures a sun-drenched living space with expansive views of the city skyline. This is a motivated distress sale, with the asking price set below the original purchase cost, making it one of the most aggressive and attractive deals in the building.
Designed for the modern professional, this suite offers a versatile den that can easily serve as a home office, nursery, or guest space. Unlike most 1-bedroom units, the inclusion of a second full bathroom provides enhanced privacy and convenience. The open-concept kitchen features high-end integrated appliances and sleek finishes, reflecting the luxury standards of the 543 Richmond project. Every square foot is optimized for a seamless transition between work, rest, and entertaining.
At an asking price of $720,000, this property is being offered at approximately $1,125 per square foot—a price point rarely seen for a penthouse-level unit in the Waterfront Communities. Because the seller is sacrificing this unit below their original investment cost, the incoming buyer inherits a lower entry point than the current market average. This is a strategic opportunity for investors or end-users to acquire a high-floor asset in a building with high rental demand and long-term appreciation potential.
543 Richmond Suite LPH01 represents the perfect combination of prestige, functionality, and value. With its Lower Penthouse status, rare two-bathroom layout, and a distress-sale price tag below the original cost, this property is a standout in the current market. Embrace the chance to live in one of Toronto’s most sought-after developments while securing a deal that is truly below market value. Contact us today to learn more about this exclusive assignment sale.
300 Richmond St W #300, Toronto, ON M5V 1X2
inquiries@Condoy.com
(416) 599-9599
We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.
