$480,000

For saleJust listed

#1106 410 Queens Quay West, Toronto (Waterfront Communities) - Single Family for Sale

#1106 410 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5V3T1

1 bed1 bath1 parking550 ft²$800/mo condo feeListed Today

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $480,000, it is attractively priced about 24% below the $635,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 57 days.

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Description

Enjoy stunning downtown views from Toronto's Waterfront! Welcome to Aqua at 410 Queens Quay West. This inviting 1-bedroom, 1-bathroom condo offers an excellent opportunity to enjoy waterfront living with a desirable north-facing view of downtown Toronto. Includes one parking space for added convenience. Ideally situated along Toronto's vibrant waterfront, you're just steps from scenic walking and cycling trails, parks, cafés, restaurants and the many attractions of Queens Quay. Enjoy convenient access to transit, the downtown core, Billy Bishop Airport, and everything this dynamic city has to offer. An ideal opportunity for first-time buyers, professionals or investors seeking a fantastic downtown location with a view of Toronto's iconic skyline! Experience waterfront living with the city at your doorstep! (id:66096)

Property Details

MLS®: C14148150
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $800/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,509.1/yr
Listed: Today

Rooms

Main level

Living room: 4.6 x 3.3 meters
Kitchen: 3.3 x 3.8 meters
Primary Bedroom: 3.3 x 4 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave, Window Coverings
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$874

List price

$480K

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 (Waterfront Communities) has been listed for 0 days, which is 57 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HOUSESIGMA INC. · Emmanuel Casalino

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $480,000, about 5.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $93,761 (20% down, 25-yr amortization, stress-tested) — roughly 3% 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)

$480,000· $874/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,000

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,240 capitalized)

Property tax (est.)$209/mo

Condo fee$800/mo

Total monthly$3,537

Cash Needed to Close

Down payment (5%)$24,000

Land transfer tax$12,150

Est. closing costs$3,940

Total cash needed$40,090

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