$799,000

For sale

#108 5 Hanna Avenue, Toronto (Niagara) - Single Family for Sale

#108 5 Hanna Avenue, Toronto (Niagara), Ontario, M6K0B3

2 beds2 baths1 parking950 ft²$768/mo condo feeListed 11 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 11 days, fresher than the Toronto average of 48 days.

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Description

Rarely available, this stunning two-storey townhouse-style loft offers the perfect combination of modern design, natural light, and private outdoor living. Featuring an exceptional 2-bedroom, 2-bathroom layout, the home showcases soaring 20-foot floor-to-ceiling windows, custom blinds, privacy mirrored windows, and tranquil garden views that fill the space with natural light.Step outside to your own private garden terrace with a BBQ, creating the perfect setting for relaxing or entertaining. The beautifully updated kitchen features quartz countertops, integrated panelled appliances, stainless steel appliances, and sleek modern finishes. LED pot lights throughout add warmth and sophistication to the space.The spacious primary bedroom serves as a true retreat with a wall-to-wall closet, a 4-piece ensuite bath, and a built-in desk, while the private second bedroom offers excellent flexibility for guests, family, or a home office.Residents enjoy premium building amenities, including a fully equipped fitness centre, Wi-Fi business centre, dog spa, 24-hour security, and more. Ideally located just steps from the King and Queen streetcars, GO Station, BMO Field, the waterfront, parks, restaurants, cafes, and boutique shopping, this home offers the ultimate urban lifestyle with everything at your doorstep.A rare opportunity to own a unique loft that perfectly blends luxury, comfort, and convenience. (id:66096)

Property Details

MLS®: C14117730
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Style: Loft
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $768/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,928.79/yr
Listed: 11 days ago

Rooms

Ground level

Foyer: 4 x 1 meters
Living room: 4.29 x 3.2 meters
Dining room: 4.29 x 3.2 meters
Kitchen: 3.84 x 3.1 meters
Bedroom 2: 3.15 x 2.89 meters

Second level

Primary Bedroom: 5.82 x 4.01 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Oven, Dryer, Microwave, Blinds
Flooring: Hardwood
Exterior: Concrete, Brick
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

11d

Toronto (Niagara) listings, avg age

48d

Price / ft²

$841

List price

$799K

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 (Niagara) has been listed for 11 days, which is 37 days fresher than the city average of 48. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · ASH SHEKARCHIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6K)

This home lists at $799,000, about 11.1× the local median household income of $72,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 117% above the area median.

Median household income: $72,000
Population: 42,110
Median age: 35.6
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M6K)

$799,000· $841/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$327/mo

Condo fee$768/mo

Total monthly$5,221

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$24,910

Est. closing costs$4,897

Total cash needed$84,707

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