$399,999

For saleJust listed

#1357 209 Fort York Boulevard, Toronto (Waterfront Communities) - Single Family for Sale

#1357 209 Fort York Boulevard, Toronto (Waterfront Communities), Ontario, M5V4A1

2 beds1 bath1 parking650 ft²$633/mo condo feeListed 2 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $399,999, it is attractively priced about 36% below the $629,900 median asking price in Toronto. It has been on the market 2 days, fresher than the Toronto average of 57 days.

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Description

Incredible Value in an Incredible Building. Welcome to Unit 1357 at 209 Fort York Blvd, a bright and functional suite offering over 600 sq. ft. of interior living space plus a large private terrace with a greenspace./water view, perfect for morning coffee or unwinding at the end of the day. The full-sized den is a true bonus: use it as a home office, guest space, or a dining area to suit your lifestyle. The suite has been thoughtfully upgraded, featuring a jet shower for a spa-like experience at home, along with the convenience of in-suite laundry. Owned parking and an owned locker are included, adding both value and practicality that are increasingly hard to find downtown. Located in one of Toronto's most liveable neighbourhoods, you are just steps from Coronation Park, the waterfront, and everything downtown Toronto has to offer, including shopping, dining, entertainment, and transit. Whether you are a first-time buyer, a downsizer, or an investor, this is one of the best-priced units in the building. Incredible Rental Potential. (id:66096)

Property Details

MLS®: C14137604
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
Condo Fee: $633/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,480.95/yr
Listed: 2 days ago

Features

Appliances: Washer, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Exterior: Concrete
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$616

List price

$400K

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 2 days, which is 55 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · CAM WOOLFREY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $399,999, about 4.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$399,999· $616/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,999.95

Min 5%50%

Mortgage payment$2,107/mo

↳ CMHC premium ($15,200 capitalized)

Property tax (est.)$207/mo

Condo fee$633/mo

Total monthly$2,946

Cash Needed to Close

Down payment (5%)$20,000

Land transfer tax$8,950

Est. closing costs$3,700

Total cash needed$32,650

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