$569,000

For sale

#1105 60 Princess Street, Toronto (Waterfront Communities) - Single Family for Sale

#1105 60 Princess Street, Toronto (Waterfront Communities), Ontario, M5A2C7

2 beds2 baths0 parking650 ft²$542/mo condo feeListed 46 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $569,000, it is attractively priced about 10% below the $629,900 median asking price in Toronto. It has been on the market 46 days, fresher than the Toronto average of 57 days.

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Description

Functional And Spacious 2 Bedroom + Den, 2 Bathroom Suite In The Highly Sought-After Time & Space By Pemberton Development. This Bright And Functional Open-Concept Layout Features Floor-To-Ceiling Windows That Fill The Space With Natural Light Throughout. The Modern Kitchen Showcases Sleek Finishes, Stainless-Steel Appliances, And Seamlessly Flows Into The Living And Dining Area With Walk-Out Access To An Extended Balcony. The Spacious Primary Bedroom Features Floor-To-Ceiling Windows, A Closet, And A Private 4-Piece Ensuite. The Second Bedroom Offers A Closet And Stylish Glass Sliding Doors, Ideal For Guests, A Home Office, Or Growing Families. Also A 3-Piece Bathroom for Convience. Enjoy Premium Building Amenities Including Infinity-Edge Pool, Rooftop Cabanas, Outdoor BBQ Area, Games Room, Fully Equipped Fitness Centre, Yoga Studio, Party Room, And More. Prime Location At Front St E & Sherbourne, Just Steps To St. Lawrence Market, Distillery District, TTC, Union Station, And The Waterfront. Surrounded By Top Restaurants, Cafes, Entertainment, And Everyday Essentials In One Of Downtown Toronto's Most Vibrant And Convenient Communities. (id:66096)

Property Details

MLS®: C13809040
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Pool: Yes
Condo Fee: $542/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,877/yr
Listed: 46 days ago

Rooms

Flat

Living room: 2.72 x 2.52 meters
Primary Bedroom: 3.3 x 2.92 meters
Bedroom 2: 2.95 x 2.64 meters
Kitchen: 3.05 x 2.41 meters
Dining room: 3.05 x 2.41 meters

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

Features

Appliances: Oven - Built-In
Flooring: Laminate
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$876

List price

$569K

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 46 days, which is 11 days fresher than the city average of 57. Act while there is still low competition.

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Listed by REAL ONE REALTY INC. · HONG TINA CHEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $569,000, about 8.0× the local median household income of $71,000.

Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 57% 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)

$569,000· $876/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,900.00

Min 5.61%50%

Mortgage payment$2,978/mo

↳ CMHC premium ($21,484 capitalized)

Property tax (est.)$240/mo

Condo fee$542/mo

Total monthly$3,760

Cash Needed to Close

Down payment (5.61%)$31,900

Land transfer tax$15,710

Est. closing costs$4,207

Total cash needed$51,817

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