$660,000

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#1120 25 Lower Simcoe Street, Toronto (Waterfront Communities) - Single Family for Sale

#1120 25 Lower Simcoe Street, Toronto (Waterfront Communities), Ontario, M5J3A1

2 beds1 bath1 parking650 ft²$605/mo condo feeListed 86 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space.

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Description

Welcome to the "Infinity 4" , an inspired luxury residence combining urban living with waterfront tranquility. This well maintained West facing unit features a functional 1 Bed +Den with Balcony layout. The Den can be easily converted into a second bedroom. Upgraded finishing with hardwood flooring throughout, it also includes one parking and one locker for additional convenience. Enjoy floor-to-ceiling windows and west-facing views of the CN Tower and downtown core. Direct PATH access to Union Station, Rogers Centre, and other downtown landmarks. Exceptional amenities include a basketball court, fitness center, indoor pool, hot tub, sauna, BBQs, party room, billiard room, table tennis, bike room ,guest suites and 24-hour concierge service. (id:66096)

Property Details

MLS®: C13663950
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $605/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,061.59/yr
Listed: 86 days ago

Rooms

Main level

Dining room: 5.44 x 3.13 meters
Den: 3.07 x 3.91 meters
Primary Bedroom: 4.37 x 3.1 meters
Living room: 5.44 x 3.13 meters
Kitchen: 2.74 x 2.66 meters

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

Features

Appliances: Refrigerator, Stove, Microwave
Flooring: Hardwood
Exterior: Steel, Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,016

List price

$660K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by FOREST HILL REAL ESTATE INC. · VICTOR CHIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5J)

This home lists at $660,000, about 7.0× the local median household income of $94,000.

Carrying it typically needs a household income of about $128,921 (20% down, 25-yr amortization, stress-tested) — roughly 37% above the area median.

Median household income: $94,000
Population: 16,879
Median age: 33.6
Owner / renter: 43% / 57%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5J)

$660,000· $1,016/ft²

For sale

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Full Cost Breakdown

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Down Payment6.21% · $41,000

Min 6.21%50%

Mortgage payment$3,432/mo

↳ CMHC premium ($24,760 capitalized)

Property tax (est.)$255/mo

Condo fee$605/mo

Total monthly$4,292

Cash Needed to Close

Down payment (6.21%)$41,000

Land transfer tax$19,350

Est. closing costs$4,480

Total cash needed$64,830

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#1120 25 Lower Simcoe Street, Toronto (Waterfront Communities) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5J)

Book a showing

Full Cost Breakdown