$1,500,000

For saleJust listed

#1512 80 John Street, Toronto (Waterfront Communities) - Single Family for Sale

#1512 80 John Street, Toronto (Waterfront Communities), Ontario, M5V3X4

3 beds2 baths1 parking1,300 ft²$1,534/mo condo feeListed 2 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 57 days.

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Description

Experience sophisticated executive living at Festival Tower, one of Toronto's premier residences, situated above the iconic TIFF Bell Lightbox in the heart of the Entertainment District. This exceptional 1,249 sq. ft. corner suite offers 2 bedrooms, 2 bathrooms and breathtaking CN Tower and skyline views through expansive floor-to-ceiling windows. The thoughtfully designed split-bedroom layout offers exceptional privacy, while the generous open-concept living and dining areas provide an elegant setting for entertaining. The beautifully appointed kitchen features premium Miele appliances, stone countertops, an oversized island and ample pantry storage. The spacious primary retreat features a 4-piece ensuite with a soaker tub, while the oversized second bedroom offers versatility as a guest suite or executive home office. Hardwood flooring, a private balcony, ensuite laundry and abundant storage complete this refined residence. Enjoy an exceptional collection of amenities, including 24-hour concierge service, an indoor pool, fitness centre, private theatre and sophisticated entertaining spaces. Just steps from the Financial District, PATH, King Street, world-class dining and Toronto's cultural landmarks. An exceptional executive residence offering space, sophistication and an unparalleled downtown lifestyle. (id:66096)

Property Details

MLS®: C14141040
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $1,534/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $8,691.28/yr
Listed: 2 days ago

Features

Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,154

List price

$1.50M

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 3-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 FOREST HILL REAL ESTATE INC. · LIRAD KLIGMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $1,500,000, about 16.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 222% above 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)

$1,500,000· $1,154/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $125,000.00

Min 8.33%50%

Mortgage payment$7,623/mo

↳ CMHC premium ($55,000 capitalized)

Property tax (est.)$724/mo

Condo fee$1,534/mo

Total monthly$9,882

Cash Needed to Close

Down payment (8.33%)$125,000

Land transfer tax$52,950

Est. closing costs$7,000

Total cash needed$184,950

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