$549,999

For sale

#1508 130 River Street, Toronto (Regent Park) - Single Family for Sale

#1508 130 River Street, Toronto (Regent Park), Ontario, M5A0R8

2 beds2 baths1 parking650 ft²$520/mo condo feeListed 92 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $549,999 asking price sits right in line with the $558,888 median in Toronto.

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Description

Welcome to this bright and modern 2-bedroom, 2-bathroom condo in the sought-after Artworks Tower in the heart of vibrant Regent Park. This thoughtfully designed suite features an open-concept layout with floor-to-ceiling windows that fill the space with natural light, creating warm and inviting atmosphere. The contemporary kitchen boasts quartz countertops, stainless steel built-in appliances, sleek cabinetry, and ample prep space-perfect for everyday living and entertaining. The spacious primary bedroom offers a generous closet and a private ensuite, while the second bedroom provides flexibility for guests, a home office, or growing families. Enjoy the convenience of in-suite laundry, a private balcony, and premium building amenities including a 24-hour concierge, fully equipped fitness center, party room, co-working space, games room, children's play area, outdoor BBQ terrace, visitor parking, and more. Ideally located just steps to TTC transit, parks, cafés, restaurants, grocery stores, the Regent Park Aquatic Centre, and community amenities. Minutes to the Distillery District, St. Lawrence Market, Toronto Metropolitan University, George Brown College, the Financial District, DVP, and Gardiner Expressway, offering exceptional convenience for both commuters and urban professionals. Buy As-Is - Fully Leased and Income-Producing. Start earning rental income from day one. (id:66096)

Property Details

MLS®: C13642834
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $520/mo
Fee Includes: Common Area Maintenance, Heat, Water
Ownership: Condo/Strata
Property Tax: $3,318/yr
Listed: 92 days ago

Rooms

Main level

Bedroom: 3.12 x 2.64 meters
Bedroom 2: 2.59 x 2.84 meters
Living room: 2.56 x 3.55 meters
Kitchen: 2.56 x 3.55 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
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

92d

Toronto (Regent Park) listings, avg age

86d

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.

Haho

This 2-bed single family in Toronto (Regent Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX REALTY SPECIALISTS INC. · SURJEET PAUL SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $549,999, about 7.7× the local median household income of $71,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$549,999· $847/ft²

For sale

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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.)$277/mo

Condo fee$520/mo

Total monthly$3,679

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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