$1,775,000

For sale

#106 80 Sherbourne Street, Toronto (Moss Park) - Single Family for Sale

#106 80 Sherbourne Street, Toronto (Moss Park), Ontario, M5A2R1

1 bed2 baths1 parking1,500 ft²$1,302/mo condo feeListed 34 days ago

Overview

This 1-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,500 sq ft of space. It has been on the market 34 days, fresher than the Toronto average of 61 days.

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Description

Unique mixed-use space at 80 Sherbourne Street in the heart of downtown Toronto. Bright and versatile layout featuring high ceilings, industrial-style details and large windows bringing in plenty of natural light throughout. The space includes a large open studio currently used as a yoga studio, two smaller private rooms, two washrooms, a kitchenette and laundry area, offering flexibility for a variety of professional, wellness, studio or creative uses. Two separate entrances provide convenient access, including direct street access from Sherbourne Street and a second entrance through the building's main lobby. Located just steps from King Street East, with easy access to transit and the surrounding shops, restaurants and amenities. (id:66096)

Property Details

MLS®: C13848714
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,500 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,302/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,693/yr
Listed: 34 days ago

Rooms

Main level

Loft: 9.5 x 8.28 meters
Other: 1.7 x 1.09 meters
Living room: 9.5 x 8.28 meters
Dining room: 9.5 x 8.28 meters
Den: 1.78 x 1.55 meters
Den: 3.05 x 1.55 meters
Laundry room: 2.21 x 1.78 meters

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

Features

Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$1,184

List price

$1.77M

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 1-bed single family in Toronto (Moss Park) has been listed for 34 days, which is 27 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · CHRIS COOK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $1,775,000, about 25.0× the local median household income of $71,000.

Carrying it typically needs a household income of about $346,720 (20% down, 25-yr amortization, stress-tested) — roughly 388% 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)

$1,775,000· $1,184/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $355,000

Min 20%50%

Mortgage payment$7,570/mo

Property tax (est.)$474/mo

Condo fee$1,302/mo

Total monthly$9,347

Cash Needed to Close

Down payment (20%)$355,000

Land transfer tax$63,950

Est. closing costs$7,825

Total cash needed$426,775

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