$785,000

For saleJust listed

#132 38 Grand Magazine Street, Toronto (Niagara) - Single Family for Sale

#132 38 Grand Magazine Street, Toronto (Niagara), Ontario, M5V0C2

3 beds1 bath1 parking750 ft²$768/mo condo feeListed 3 days ago

Overview

This 3-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 3 days, fresher than the Toronto average of 49 days.

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Description

Rare live/work opportunity at this walkout suite with mixed-use local zoning, giving you the flexibility to run your business from home or welcome clients right to your front door. Ideal for creative professionals, boutique retailers, consultants, wellness practitioners, and other small business owners. The bright, open 2-bedroom layout features high ceilings, generously sized rooms, and abundant natural light. Recently renovated with new flooring and an updated bathroom. The upgraded kitchen features an island and full-sized appliances. Includes a premium parking space beside the elevator and a ground-floor locker. Enjoy building amenities including an outdoor pool, all in a vibrant Toronto waterfront community. (id:66096)

Property Details

MLS®: C14136758
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $768/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,031/yr
Listed: 3 days ago

Rooms

Ground level

Primary Bedroom: 3 x 4.1 meters
Bedroom 2: 3.5 x 3.8 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, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Niagara) listings, avg age

49d

Price / ft²

$1,047

List price

$785K

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 (Niagara) has been listed for 3 days, which is 46 days fresher than the city average of 49. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · SANAZ LAMEERAMANDI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $785,000, about 8.6× the local median household income of $91,000.

Carrying it typically needs a household income of about $153,338 (20% down, 25-yr amortization, stress-tested) — roughly 69% 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)

$785,000· $1,047/ft²

For sale

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Full Cost Breakdown

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Down Payment6.82% · $53,500

Min 6.82%50%

Mortgage payment$4,056/mo

↳ CMHC premium ($29,260 capitalized)

Property tax (est.)$253/mo

Condo fee$768/mo

Total monthly$5,076

Cash Needed to Close

Down payment (6.82%)$53,500

Land transfer tax$24,350

Est. closing costs$4,855

Total cash needed$82,705

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