$699,900

For sale

#1103 320 Richmond Street East, Toronto (Moss Park) - Single Family for Sale

#1103 320 Richmond Street East, Toronto (Moss Park), Ontario, M5A1P9

2 beds2 baths1 parking850 ft²$750/mo condo feeListed 15 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 15 days, fresher than the Toronto average of 61 days.

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Description

Big City views and a bright corner unit, this spacious 2 Bedroom, 2 Bath Condo In The Heart Of Downtown Toronto is a fantastic place to call home! The Floor To Ceiling Windows & Balcony Utilize The Unobstructed Eastern View & Flood The Unit With Natural Light throughout the day. In the evening, the City lights create a relaxing and modern urban feel throughout the unit. The Primary Bedroom Features Two Built In Closets And A Generous Ensuite. Location Is Everything, Being Just Steps To King & Queen Streetcars, No Frills, The Distillery District, St Lawrence Market & More! Amenities Incl. Concierge, Gym, Sauna, Guest Suites, Visitor Parking, A Rooftop Deck & an outdoor pool to enjoy daily! (id:66096)

Property Details

MLS®: C14098236
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: $750/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,799.84/yr
Listed: 15 days ago

Rooms

Main level

Living room: 2.57 x 3.86 meters
Kitchen: 2.57 x 5.41 meters
Dining room: 2.57 x 5.41 meters
Bedroom: 3.58 x 2.79 meters
Bedroom 2: 2.82 x 2.95 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, Dryer, Microwave, Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$824

List price

$700K

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 (Moss Park) has been listed for 15 days, which is 46 days fresher than the city average of 61. Act while there is still low competition.

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Listed by PINE REAL ESTATE · RUI ESTEVAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $699,900, about 9.9× the local median household income of $71,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 93% 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)

$699,900· $824/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$150/mo

Condo fee$750/mo

Total monthly$4,531

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$20,946

Est. closing costs$4,600

Total cash needed$70,536

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