$699,900

For saleJust listed

7 Ashby Place, Toronto (Moss Park) - Single Family for Sale

7 Ashby Place, Toronto (Moss Park), Ontario, M5A3E3

2 beds2 baths0 parking350 ft²13 × 60 ft (762 sq ft) lot sizeListed Today

Overview

This 2-bedroom, 2-bathroom home in Toronto is for sale offering roughly 350 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 61 days.

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Description

Welcome To 7 Ashby Place, A Beautifully Upgraded Freehold Home In The Heart Of Historic Corktown, Offering Exceptional Value And The Opportunity To Enjoy Homeownership Without The Ongoing Maintenance Fees Of Condo Living. This Charming 2-Bedroom Home Features A Beautifully Open Main Floor With Thoughtfully Integrated Kitchen Storage, Custom Cabinetry, And Upgraded Appliances. The Upper-Level Main Bathroom Also Features Heated Underflooring For An Added Touch Of Everyday Comfort. Extensively Renovated With Significant Improvements Including New Structural Framing, Basement Underpinning, Roof, Plumbing, Mechanical Systems, High-Efficiency Tankless Boiler, Radiant Heating, Electrical, Windows, Skylights, Doors, Flooring, And Exterior Insulation. Additional Upgrades Include New Drains To The City Sewer Main, Upgraded Water Service, Sound Insulation, And Extensive Custom Millwork Throughout. Street Parking On Ashby Place May Be Available Through A City Of Toronto Residential Parking Permit. Ideally Situated Just Steps To The Distillery District And Canary District, Enjoy Cafes, Restaurants, Boutiques, And Cultural Attractions At Your Doorstep. Close To St. Lawrence Market, The Waterfront, And An Abundance Of Green Spaces Including Corktown Common, Berczy Park, St. James Park, And Biidaasige Park. With Convenient Streetcar Access, Nearby Subway Connections, And A New Subway Station Planned Just Two Blocks Away, This Is An Exceptional Opportunity To Own In One Of Toronto's Most Vibrant And Desirable Neighbourhoods. (id:66096)

Property Details

MLS®: C14148376
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 0
Interior Size: 350 ft²
Lot Size: 13 × 60 ft (762 sq ft)
Frontage: 13 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Radiant heat, Natural gas
Cooling: Wall unit
Garage: No Garage
Ownership: Freehold
Property Tax: $4,788.02/yr
Listed

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Foundation: Concrete
Exterior: Brick Facing
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$2,003

List price

$700K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Moss Park) has been listed for 0 days, which is 61 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX URBAN TORONTO TEAM REALTY INC. · JONATHAN EDWARDS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $699,900, about 9.9× the local median household income of $71,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 93% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$699,900· $2,003/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$399/mo

Total monthly$4,030

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$20,946

Est. closing costs$4,600

Total cash needed$70,536

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