#1050 313 Richmond Street East, Toronto (Moss Park), Ontario, M5A4S7

For saleJust listed

Today

$630K

#1050 313 Richmond Street East, Toronto (Moss Park), Ontario, M5A4S7

2 bd1 ba1 pk750 ft²+$759/mo

Listed by RE/MAX ULTIMATE REALTY INC.

#402 105 George Street, Toronto (Moss Park), Ontario, M5A0L4

For saleJust listed

Today

$398K

#402 105 George Street, Toronto (Moss Park), Ontario, M5A0L4

2 bd1 ba550 ft²+$585/mo

#407 90 Sherbourne Street, Toronto (Moss Park), Ontario, M5A2R1

2 bd1 ba1 pk1,500 ft²+$1548/mo

#N110 116 George Street, Toronto (Moss Park), Ontario, M5A3S2

3 bd2 ba3 pk1,500 ft²+$1514/mo

Listed by BAY STREET GROUP INC.

Investment analysis

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$499,000

Toronto

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$499,000

For saleJust listed

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#1115 320 Richmond Street East, Toronto (Moss Park) - Single Family for Sale

#1115 320 Richmond Street East, Toronto (Moss Park), Ontario, M5A2R3

2 beds2 baths1 parking750 ft²$694/mo condo feeListed 7 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $499,000, it is attractively priced about 13% below the $574,900 median asking price in Toronto. It has been on the market 7 days, fresher than the Toronto average of 61 days.

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Description

This is Modern Love. Where style meets sunshine in this perfect 2 bedroom, 2 bathroom corner suite with an incredibly spacious balcony. East-facing views so glorious, you and your plants will thrive. Step into your open-concept layout where floor-to-ceiling and wall-to-wall windows flood the space with morning glory glow. The primary bedroom is basically your personal sanctuary, complete with a private ensuite bathroom, double closets and direct balcony access. Morning coffee in a robe anyone? Outside your door? Everything. The Modern sits at Richmond & Sherbourne, steps to the Distillery District, St. James Park, King Street, and Allan Gardens. Forgot milk or need a manicure? The ground-level retail has you covered. The new Ontario Line station will be conveniently located just one block North at Moss Park Station, offering seamless connections and convenient transfers to transit lines. And when it's time to unwind or entertain, the amenities shine. A hotel worthy rooftop pool and sundeck, sauna, party room, guest suites, and visitor parking. Yes, your friends will want to come over. This is downtown living with a heartbeat. Stylish, social, and smart. Welcome to The Modern. (id:66096)

Property Details

MLS®: C14126898
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $694/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,230.38/yr
Listed: 7 days ago

Rooms

Flat

Foyer: 5.48 x 1.53 meters
Living room: 2.75 x 4.6 meters
Dining room: 2.4 x 2.03 meters
Kitchen: 3.42 x 2.15 meters
Primary Bedroom: 3.41 x 3.57 meters
Bedroom 2: 2.9 x 2.48 meters

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

Features

Flooring: Laminate
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$666

List price

$499K

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 7 days, which is 54 days fresher than the city average of 61. Act while there is still low competition.

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Listed by SAGE REAL ESTATE LIMITED · ALEXANDRA LINTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $499,000, about 7.0× the local median household income of $71,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 37% 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)

$499,000· $666/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$269/mo

Condo fee$694/mo

Total monthly$3,591

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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