$950,000

For sale

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1 bd1 ba250 ft²+$395/mo

Listed by PROMPTON REAL ESTATE SERVICES CORP.

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4 bd3 ba1 pk1,700 ft²+$1880/mo

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

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$525K

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2 bd1 ba550 ft²+$481/mo

Listed by BRAD J. LAMB REALTY 2016 INC.

#2903 270 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2N4

For saleJust listed

Today

$509K

#2903 270 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2N4

2 bd1 ba750 ft²+$653/mo

Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$950,000

Toronto

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#1208 8 Mercer Street, Toronto (Waterfront Communities) - Single Family for Sale

#1208 8 Mercer Street, Toronto (Waterfront Communities), Ontario, M5V0C4

3 beds2 baths1 parking950 ft²$698/mo condo feeListed 86 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space.

Condos for Sale in Toronto →All real estate in Toronto →

Description

A rare 3 bedrooms, 2 bathrooms with parking and locker in prime downtown. 912 sq ft of interior space + 112 sq ft of large balcony. Pet friendly and BBQ friendly building. Spacious luxury apartment with floor-to-ceiling windows, perfect for live/work or a growing family. 10 ft ceilings, hardwood floors throughout. Spacious open concept kitchen w/built-in appliances and large center island with ample storage. Amazing facilities: 24/7 concierge, large fitness center/gym, sauna, rooftop patio w/BBQ, visitor's parking. Walk score 100: in the heart of Entertainment District, steps from famous King St West with theatres, restaurants, Roy Thomson Hall, Tiff Bell Lightbox. Short walk to st Andrews Subway Station. (id:66096)

Property Details

MLS®: C13657010
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $698/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,225.83/yr
Listed: 86 days ago

Rooms

Main level

Bedroom 3: 2.45 x 2.41 meters
Bedroom 2: 2.79 x 2.71 meters
Kitchen: 3.55 x 2.13 meters
Dining room: 3.25 x 5.1 meters
Primary Bedroom: 3.5 x 3 meters
Living room: 3.25 x 5.1 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, Oven, Dryer, Cooktop, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,001

List price

$950K

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 3-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 REMAX YOUR COMMUNITY REALTY · JULIA VLADIMIRSKY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $950,000, about 10.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $185,568 (20% down, 25-yr amortization, stress-tested) — roughly 104% 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)

$950,000· $1,001/ft²

For sale

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Full Cost Breakdown

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Down Payment7.37% · $70,000

Min 7.37%50%

Mortgage payment$4,879/mo

↳ CMHC premium ($35,200 capitalized)

Property tax (est.)$435/mo

Condo fee$698/mo

Total monthly$6,013

Cash Needed to Close

Down payment (7.37%)$70,000

Land transfer tax$30,950

Est. closing costs$5,350

Total cash needed$106,300

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice