$479,000

$499,000For salePrice drop↓ $20,000 (4%)

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#1422 20 Edward Street, Toronto (Bay Street Corridor) - Single Family for Sale

#1422 20 Edward Street, Toronto (Bay Street Corridor), Ontario, M5G1C9

2 beds1 bath parking

#3307 180 University Avenue, Toronto (Bay Street Corridor), Ontario, M5H0A2

2 bd3 ba1 pk1,500 ft²+$1755/mo

Listed by REAL BROKER ONTARIO LTD.

#4402 65 St Mary Street, Toronto (Bay Street Corridor), Ontario, M5S0A6

For saleJust listed

Yesterday

$2.00M

#4402 65 St Mary Street, Toronto (Bay Street Corridor), Ontario, M5S0A6

3 bd2 ba1 pk1,500 ft²+$1189/mo

Listed by MASTER'S CHOICE REALTY INC.

#2105 1 King Street West, Toronto (Bay Street Corridor), Ontario, M5H1A1

For saleJust listed

Yesterday

$350K

#2105 1 King Street West, Toronto (Bay Street Corridor), Ontario, M5H1A1

1 ba250 ft²+$674/mo

Listed by ROYAL LEPAGE TERREQUITY PLATINUM REALTY

#3204 35 Balmuto Street, Toronto (Bay Street Corridor), Ontario, M4Y0A3

For saleJust listed

2 days ago

$1.30M

#3204 35 Balmuto Street, Toronto (Bay Street Corridor), Ontario, M4Y0A3

2 bd2 ba1 pk1,300 ft²+$1187/mo

Listed by CHESTNUT PARK REAL ESTATE LIMITED

Investment analysis

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$479,000

Toronto

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$331/mo condo fee

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $479,000, it is attractively priced about 30% below the $685,000 median asking price in Toronto. It has been on the market 46 days, fresher than the Toronto average of 60 days.

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

Description

Brand New Luxury Condo. This one bedroom and 1 study is great for those looking to live in the heart of downtown. Steps Away From Toronto Metropolitan University (TMU), University Of Toronto, Hospitals, And The Eaton Center. Close To Transit And The Gardiner. This Beautiful Open Concept Unit With Large Private Balcony is perfect for those looking for a modern unit in an amazing location. The Building Has Great Amenities Including A Gym, Party/Meeting Room, 24Hr Security, And Games Room. The unit and location make this a must see. (id:66096)

Property Details

MLS®: C13809954
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $331/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $3,304.64/yr
Listed: 46 days ago

Rooms

Flat

Living room: 3.8 x 2.75 meters
Dining room: 3.8 x 2.75 meters
Kitchen: 3.65 x 2.25 meters
Bedroom: 3.51 x 2.59 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$872

List price

$479K

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 (Bay Street Corridor) has been listed for 46 days, which is 14 days fresher than the city average of 60. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · ASLAM MOHAMMAD KHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5G)

This home lists at $479,000, about 7.1× the local median household income of $67,500.

Carrying it typically needs a household income of about $93,565 (20% down, 25-yr amortization, stress-tested) — roughly 39% above the area median.

Median household income: $67,500
Population: 9,751
Median age: 30.8
Owner / renter: 30% / 70%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5G)

$479,000· $872/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,950

Min 5%50%

Mortgage payment$2,523/mo

↳ CMHC premium ($18,202 capitalized)

Property tax (est.)$275/mo

Condo fee$331/mo

Total monthly$3,130

Cash Needed to Close

Down payment (5%)$23,950

Land transfer tax$12,110

Est. closing costs$3,937

Total cash needed$39,997

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