$670,000

For sale

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#1022 525 Adelaide Street, Toronto (Waterfront Communities) - Single Family for Sale

#1022 525 Adelaide Street, Toronto (Waterfront Communities), Ontario, M5V0N7

2 beds2 baths0 parking condo fee

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1 bd1 ba1 pk650 ft²+$731/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

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For saleJust listed

Today

$600K

#711 25 Capreol Court, Toronto (Waterfront Communities), Ontario, M5V3Z7

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

#2712 70 Queens Wharf Road, Toronto (Waterfront Communities), Ontario, M5V0J2

For saleJust listed

Today

$868K

#2712 70 Queens Wharf Road, Toronto (Waterfront Communities), Ontario, M5V0J2

3 bd2 ba1 pk1,100 ft²+$1055/mo

Listed by CENTURY 21 LEADING EDGE REALTY INC.

#PH 3709 361 Front Street West, Toronto (Waterfront Communities), Ontario, M5V3R5

For saleJust listed

Today

$929K

#PH 3709 361 Front Street West, Toronto (Waterfront Communities), Ontario, M5V3R5

3 bd2 ba1 pk950 ft²+$1108/mo

Listed by COLDWELL BANKER - R.M.R Real Estate

Investment analysis

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$670,000

Toronto

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Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Luxury Living At Musee In Prime King West! High Ceiling With Terrace. The Den Is Enclosed With Door To Be Used As A 2nd Bedroom. Sleek white kitchen cabinets, stainless steel appliances, neutral wide plank flooring in excellent condition! And low condo fees make this an attractive buy. Located in the heart of the fashion district & King West neighbourhood, with amazing amenities in Downtown Toronto. Steps from many restaurants, shops, nightlife, financial district, theatres, University of Toronto, and 501, 504, 510, & 511 streetcars stops. (id:66096)

Property Details

MLS®: C12769976
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 0
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $418/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $3,038.97/yr
Listed: 271 days ago

Rooms

Main level

Living room: 7.19 x 3.05 meters
Dining room: 7.19 x 0.35 meters
Kitchen: 7.19 x 3.05 meters
Primary Bedroom: 3.53 x 2.87 meters
Den: 2.97 x 2.36 meters

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

Features

Flooring: Laminate
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

271d

Toronto (Waterfront Communities) listings, avg age

57d

List price

$670K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by FIRST CLASS REALTY INC. · FAN JIANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $670,000, about 7.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $130,874 (20% down, 25-yr amortization, stress-tested) — roughly 44% 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)

$670,000

For sale

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Full Cost Breakdown

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Down Payment6.27% · $42,000

Min 6.27%50%

Mortgage payment$3,482/mo

↳ CMHC premium ($25,120 capitalized)

Property tax (est.)$253/mo

Condo fee$418/mo

Total monthly$4,153

Cash Needed to Close

Down payment (6.27%)$42,000

Land transfer tax$19,750

Est. closing costs$4,510

Total cash needed$66,260

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice