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$549,900

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#1602 284 King Street East, Toronto (Moss Park) - Single Family for Sale

#1602 284 King Street East, Toronto (Moss Park), Ontario, M5A1K4

2 beds1 bath0 parking550 ft²$480/mo condo feeListed 13 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Its $549,900 asking price sits right in line with the $574,900 median in Toronto. It has been on the market 13 days, fresher than the Toronto average of 61 days.

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Description

Brand New, Never Lived In At Bauhaus! Perfect 576 sqft. One Bedroom Plus Den Floorplan With Soaring 9 Ft High Ceilings, Gas Cooking Inside, Quartz Countertops, Ultra Modern Finishes. The Ultra Chic Building will feature a fully equipped gym, party room, makers room, children's playroom, barbecue area, bocce court, and pet grooming station. Actual finishes and furnishings in unit may differ from those shown in photos. The Unit is newly constructed and previously unoccupied. New Build Taxes not assessed. The Purchase Price set out herein includes HST. The Purchaser will irrevocably assign to the Vendor any and all rights, title and interest in any HST rebate. (id:66096)

Property Details

MLS®: C14107162
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $480/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Listed: 13 days ago

Rooms

Flat

Living room: 2.92 x 6.35 meters
Dining room: 2.92 x 6.35 meters
Kitchen: 2.92 x 6.35 meters
Bedroom: 2.85 x 3.02 meters
Den: 1.5 x 2.41 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, Oven, Dryer, Microwave, Cooktop
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$1,001

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 (Moss Park) has been listed for 13 days, which is 48 days fresher than the city average of 61. Act while there is still low competition.

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Listed by BRAD J. LAMB REALTY 2016 INC. · BRAD JOHN LAMB

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $549,900, about 7.7× the local median household income of $71,000.

Carrying it typically needs a household income of about $107,415 (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)

$549,900· $1,001/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Est. property tax$0/mo

Condo fee$480/mo

Total monthly$3,363

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$14,946

Est. closing costs$4,150

Total cash needed$49,086

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Open house

#1602 284 King Street East, Toronto (Moss Park) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5A)

Book a showing

Full Cost Breakdown