$1,400,000

For sale

#1601 50 Quebec Avenue, Toronto (High Park North) - Single Family for Sale

#1601 50 Quebec Avenue, Toronto (High Park North), Ontario, M6P4B4

2 beds2 baths1 parking1,100 ft²$1,027/mo condo feeListed 13 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 13 days, fresher than the Toronto average of 59 days.

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Description

If you've been waiting for a true *WOW* in High Park this one is worth a look. Completely renovated corner suite (1100 sq ft) overlooking HIGH PARK, TORONTO SKYLINE, LAKE ONTARIO, and HUMBER BAY SHORES. 3 BALCONIES (385 sq ft) with Italian tiles perfect for dining, lounging and entertaining outdoors. E/S/W/N exposure, sunlight all day, incredible sunsets. Open-concept kitchen, Dining and Living area with walnut floors, Miele& European appliances and Italian tile throughout. Primary bedroom with ensuite and custom closets, plus generous storage room. Building amenities: Outdoor Pool, Tennis Courts, Games Room, Party Room with full kitchen, Gym and Sauna. WIFI, Cable, Electricity, Water, 1 underground parking and 1 locker included. Steps from High Park Station, Bloor West Village, High Park, Shops and Restaurants. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: W14105382
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Pool: Yes
Condo Fee: $1,027/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,504/yr

Rooms

Main level

Living room: 5.76 x 371 meters
Bedroom: 4.47 x 3.61 meters
Bedroom 2: 3.96 x 2.93 meters
Bathroom: 2.81 x 2.45 meters
Bathroom: 2.35 x 1.47 meters
Kitchen: 4.6 x 2.65 meters
Dining room: 2.95 x 2.76 meters
Foyer: 2.36 x 2.87 meters
Other: 3.2 x 1.07 meters

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

Features

Appliances: Intercom, Oven - Built-In, Blinds
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (High Park North) listings, avg age

59d

Price / ft²

$1,273

List price

$1.40M

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 (High Park North) has been listed for 13 days, which is 46 days fresher than the city average of 59. Act while there is still low competition.

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Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6P)

This home lists at $1,400,000, about 16.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $273,469 (20% down, 25-yr amortization, stress-tested) — roughly 218% above the area median.

Median household income: $86,000
Population: 39,870
Median age: 39.2
Owner / renter: 43% / 58%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M6P)

$1,400,000· $1,273/ft²

For sale

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Full Cost Breakdown

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Down Payment8.21% · $115,000.00

Min 8.21%50%

Mortgage payment$7,124/mo

↳ CMHC premium ($51,400 capitalized)

Property tax (est.)$375/mo

Condo fee$1,027/mo

Total monthly$8,527

Cash Needed to Close

Down payment (8.21%)$115,000

Land transfer tax$48,950

Est. closing costs$6,700

Total cash needed$170,650

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