$828,000

For saleJust listed

#1002 21 Widmer Street, Toronto (Waterfront Communities) - Single Family for Sale

#1002 21 Widmer Street, Toronto (Waterfront Communities), Ontario, M5V0B8

2 beds2 baths1 parking850 ft²$867/mo condo feeListed 3 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 3 days, fresher than the Toronto average of 57 days.

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Description

Welcome to Cinema Tower by The Daniels Corporation, in the heart of Toronto's Entertainment District. a bright corner suite with a split-bedroom layout featuring 2 bedrooms and 2 full bathrooms. The open-concept kitchen with centre island overlooks the combined living/dining room, with floor-to-ceiling windows and a large curved balcony with north-west exposure. The primary bedroom offers an ensuite bathroom and its own private balcony. Ensuite laundry. Building amenities include 24-hour concierge, fitness centre, movie screening room, party room, basketball court, sauna and hot tub, and a rooftop terrace with BBQs. Steps to TIFF Bell Lightbox, the theatre district, Roy Thomson Hall, King West dining, St. Andrew Station and the PATH. Includes one parking space and one locker. A great opportunity for end-users and investors - book your showing today! Unit is tenanted, 24-hr notice for showing. (id:66096)

Property Details

MLS®: C14137410
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $867/mo
Fee Includes: Heat, Water
Ownership: Condo/Strata
Property Tax: $4,517/yr
Listed: 3 days ago

Rooms

Flat

Living room: 3.28 x 4.45 meters
Dining room: 3.28 x 4.45 meters
Kitchen: 3.62 x 3.32 meters
Primary Bedroom: 3.32 x 2.93 meters
Bedroom 2: 3.53 x 2.63 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$975

List price

$828K

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 (Waterfront Communities) has been listed for 3 days, which is 54 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HOMELIFE NEW WORLD REALTY INC. · MATTHEW NG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $828,000, about 9.1× the local median household income of $91,000.

Carrying it typically needs a household income of about $161,737 (20% down, 25-yr amortization, stress-tested) — roughly 78% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$828,000· $975/ft²

For sale

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Full Cost Breakdown

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Down Payment6.98% · $57,800

Min 6.98%50%

Mortgage payment$4,270/mo

↳ CMHC premium ($30,808 capitalized)

Property tax (est.)$376/mo

Condo fee$867/mo

Total monthly$5,514

Cash Needed to Close

Down payment (6.98%)$57,800

Land transfer tax$26,070

Est. closing costs$4,984

Total cash needed$88,854

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