$579,900

For sale

#1407 60 Colborne Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#1407 60 Colborne Street, Toronto (Church-Yonge Corridor), Ontario, M5E0B7

1 bed1 bath0 parking650 ft²$651/mo condo feeListed 17 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $579,900 asking price sits right in line with the $588,000 median in Toronto. It has been on the market 17 days, fresher than the Toronto average of 63 days.

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Description

This Gorgeous Well Maintained 1 bedroom is in the Highly Sought After St. Lawrence Market Enclave. With a Perfect 100/100 Walkscore. Between King St E And Front St. E. It is Near Every Convenience Imaginable. This Spacious and Tastefully Decorated.Apartment is like New. A Corner Unit with Floor to Ceiling Windows and a Massive "275 Sq Ft. Wrap Around Balcony". The Building amenities include a Pool and Fully Equipped Fitness Centre, 24 Hour Concierge and two outdoor BBQ Kitchens. Shop and Stroll in St. Lawrence Market. Walk To Work In The Financial District, And Head To The Trendiest Eateries For Lunch and Dinner!! (id:66096)

Property Details

MLS®: C14095284
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $651/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $3,629.39/yr
Listed: 17 days ago

Rooms

Main level

Living room: 7.49 x 3.35 meters
Dining room: 7.49 x 3.35 meters
Kitchen: 2.87 x 0.91 meters
Bedroom: 3.04 x 2.89 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, Oven - Built-In, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$893

List price

$580K

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 1-bed single family in Toronto (Church-Yonge Corridor) has been listed for 17 days, which is 46 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · ANDREA BROWN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $579,900, about 5.9× the local median household income of $98,000.

Carrying it typically needs a household income of about $113,275 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.

Median household income: $98,000
Population: 11,779
Median age: 34.4
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5E)

$579,900· $893/ft²

For sale

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Full Cost Breakdown

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Down Payment5.69% · $32,990

Min 5.69%50%

Mortgage payment$3,032/mo

↳ CMHC premium ($21,876 capitalized)

Property tax (est.)$302/mo

Condo fee$651/mo

Total monthly$3,985

Cash Needed to Close

Down payment (5.69%)$32,990

Land transfer tax$16,146

Est. closing costs$4,240

Total cash needed$53,376

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