$948,000

For saleJust listed

#1305 20 Richardson Street, Toronto (Waterfront Communities) - Single Family for Sale

#1305 20 Richardson Street, Toronto (Waterfront Communities), Ontario, M5A0S6

2 beds2 baths1 parking950 ft²$841/mo condo feeListed Today

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 57 days.

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Description

Live In The Prestigious Lighthouse Tower Located Next To Waterfront & Sugar Beach. Bright Corner Unit With Wrap Around Balcony. 2 Bedroom, 2 Bath, Gourmet Kitchen With Integrated Appliances And Island. Designer Backsplash, Laminate Floor Throughout. Lake View. Close To DVP, Gardiner. Excellent Amenities Like Lavish And Spacious Party Room, Upscale Gym With Updated Exercise Equipment, Yoga Room, 24 Hours Concierge, Theatre Room, Tennis\\Basketball Court, Gardening Plots And Much More. 5 Minute Walk To St Lawrence Market, Loblaw. Across From Sugar Beach. Don't Miss The Chance To Live At The Toronto Waterfront. Total Area: 1168 SqFt, Suite Area: 849 SqFt, Outdoor: 319 SqFt. (id:66096)

Property Details

MLS®: C14149716
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 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
Waterfront: Yes
Condo Fee: $841/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,200/yr
Listed: Today

Features

Appliances: Oven - Built-In
Exterior: Concrete, Brick Facing
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$998

List price

$948K

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) 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 ROYAL STAR REALTY INC. · SHAGUFTA ASHRAFI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $948,000, about 13.4× the local median household income of $71,000.

Carrying it typically needs a household income of about $185,178 (20% down, 25-yr amortization, stress-tested) — roughly 161% 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)

$948,000· $998/ft²

For sale

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Full Cost Breakdown

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Down Payment7.36% · $69,800

Min 7.36%50%

Mortgage payment$4,869/mo

↳ CMHC premium ($35,128 capitalized)

Property tax (est.)$350/mo

Condo fee$841/mo

Total monthly$6,060

Cash Needed to Close

Down payment (7.36%)$69,800

Land transfer tax$30,870

Est. closing costs$5,344

Total cash needed$106,014

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