$499,000

For sale

#1204 89 Mcgill Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#1204 89 Mcgill Street, Toronto (Church-Yonge Corridor), Ontario, M5B0B1

2 beds1 bath0 parking550 ft²$528/mo condo feeListed 32 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $499,000, it is attractively priced about 15% below the $588,000 median asking price in Toronto. It has been on the market 32 days, fresher than the Toronto average of 63 days.

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Description

Beautifully Maintained Bright Open Concept One Bedroom + Den Suite, Features High Ceilings, Floor to Ceiling Windows, Modern Kitchen with Breakfast Bar, Built-In Appliances, Granite Countertops, Ensuite Laundry, Spacious Den, Clear Views from North Facing Balcony and more Quality Finishes. Building amenities include 24Hour Concierge, Security System, Outdoor Pool, Outdoor BBQ Entertaining Area. Roof-Top Terrance, Screening Room, Party-Room, Dining Room, Hot Tub, Sauna, Gym, Pet Wash, Bicycle Storage Rooms, Visitor Parking and more. Steps to it all, Financial District, Shopping, Schools, Universities, Public Transit, Hospitals, Entertainment to name a few. Walk Score 100. Vibrant Downtown Neighbourhood to Call Your Home. (id:66096)

Property Details

MLS®: C13860464
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Other, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $528/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,478.41/yr
Listed: 32 days ago

Rooms

Flat

Living room: 4.22 x 3 meters
Dining room: 4.22 x 3 meters
Kitchen: 5.39 x 3 meters
Primary Bedroom: 3.4 x 2.74 meters
Den: 2.26 x 2.79 meters
Bathroom: 1.52 x 2.74 meters
Other: 0.64 x 5.94 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, Range, Oven, Dryer, Microwave, Oven - Built-In, Hood Fan, Blinds
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

32d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$908

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 (Church-Yonge Corridor) has been listed for 32 days, which is 31 days fresher than the city average of 63. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · DONNA TAYLOR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $499,000, about 8.6× the local median household income of $58,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 68% above the area median.

Median household income: $58,000
Population: 17,422
Median age: 31.4
Owner / renter: 28% / 72%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5B)

$499,000· $908/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.)$207/mo

Condo fee$528/mo

Total monthly$3,363

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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