$549,999

For saleJust listed

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#1401 105 The Queensway Avenue, Toronto (High Park-Swansea) - Single Family for Sale

#1401 105 The Queensway Avenue, Toronto (High Park-Swansea), Ontario, M6S5B5

2 beds1 bath parking

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Investment analysis

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$549,999

Toronto

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Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $549,999, it is attractively priced about 8% below the $599,900 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 55 days.

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

Description

Welcome To The Beautiful NXT Building! Stunning & Spacious 1 Bedroom & Den Southeast Unit. Watch The Sunrise & Sunset Over The Lake With Views of the Humber Bridge From Your Floor To Ceiling Windows. Open Concept Living Space W/ 9 Ft Ceilings & Laminate Floors Throughout. Kitchen Counter & Backsplash W/ Marble Counters & Stainless Steel Appliances. Updated Bathroom W/ Marble Counters and Tiles. Custom Closet to Maximize Space! W/O To Balcony From Master! State Of The Art Amenities W/ Indoor/Outdoor Pool, Tennis Courts, Gym, Etc. Steps From The Lake, Martin Goodman Trail, High Park, Ttc. (id:66096)

Property Details

MLS®: W14146946
Property Type: Single Family
Zoning: Single Family Residential
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $622/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,277.34/yr
Listed: Today

Market Timing

Days on market

Toronto (High Park-Swansea) listings, avg age

55d

Price / ft²

$847

List price

$550K

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.

Area context

Neighbourhood profile (M6S)

This home lists at $549,999, about 5.1× the local median household income of $108,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $108,000
Population: 34,029
Median age: 41.6
Owner / renter: 68% / 33%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6S)

$549,999· $847/ft²

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Full Cost Breakdown

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Down Payment5.45% · $29,999.90

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$190/mo

Condo fee$622/mo

Total monthly$3,695

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$14,950

Est. closing costs$4,150

Total cash needed$49,100

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

#1401 105 The Queensway Avenue, Toronto (High Park-Swansea) - Single Family for Sale

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