$538,800

For sale

#1018 SE 60 Princess Street, Toronto (Waterfront Communities) - Single Family for Sale

#1018 SE 60 Princess Street, Toronto (Waterfront Communities), Ontario, M5A2C7

2 beds2 baths1 parking650 ft²$626/mo condo feeListed 13 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $538,800, it is attractively priced about 14% below the $629,900 median asking price in Toronto. It has been on the market 13 days, fresher than the Toronto average of 57 days.

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Description

Welcome to Time & Space by Pemberton, ideally located at Front St E & Sherbourne in the heart of downtown Toronto! This bright and functional 1+Den, 2 full bathrooms offers a highly versatile layout with east exposure and a double private balcony with a water view. The enclosed den features a door and can comfortably function as a second bedroom, home office or nursery - a major advantage for end-users and investors alike. Includes parking and locker.Enjoy 9' smooth ceilings, wide-plank premium laminate flooring, stainless steel appliances, stacked washer/dryer. Exceptional building amenities include an infinity-edge pool, rooftop cabanas, BBQ areas, gym, yoga studio, games room, party room, theater and more. Steps to the Distillery District, St. Lawrence Market, TTC, waterfront, restaurants, shopping and everything downtown Toronto has to offer. (id:66096)

Property Details

MLS®: C14109740
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $626/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,514.28/yr
Listed: 13 days ago

Rooms

Main level

Living room: 3.56 x 3.02 meters
Dining room: 3.05 x 2.39 meters
Kitchen: 3.05 x 2.39 meters
Primary Bedroom: 3.3 x 3.07 meters
Den: 2.46 x 3.23 meters

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

Features

Appliances: All
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$830

List price

$539K

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 13 days, which is 44 days fresher than the city average of 57. Act while there is still low competition.

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Listed by CENTURY 21 INNOVATIVE REALTY INC. · AHSAN RAZA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $538,800, about 7.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $105,247 (20% down, 25-yr amortization, stress-tested) — roughly 48% 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)

$538,800· $830/ft²

For sale

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Full Cost Breakdown

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Down Payment5.36% · $28,880

Min 5.36%50%

Mortgage payment$2,827/mo

↳ CMHC premium ($20,397 capitalized)

Property tax (est.)$293/mo

Condo fee$626/mo

Total monthly$3,746

Cash Needed to Close

Down payment (5.36%)$28,880

Land transfer tax$14,502

Est. closing costs$4,116

Total cash needed$47,498

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