$1,099,000

$1,135,000For salePrice drop↓ $36,000 (3%)

#1611 1 Market Street, Toronto (Waterfront Communities) - Single Family for Sale

#1611 1 Market Street, Toronto (Waterfront Communities), Ontario, M5E0A2

3 beds2 baths1 parking1,100 ft²$909/mo condo feeListed 34 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 34 days, fresher than the Toronto average of 57 days.

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Description

Welcome to 1 Market Street! This spacious 2-bedroom plus den corner suite offers gorgeous south-facing views of Lake Ontario, complemented by floor-to-ceiling windows that fill the space with natural light. The generous living room features a walkout to the terrace, creating a seamless extension of the living space and the perfect spot to take in the stunning view. The well-appointed kitchen offers ample storage, stainless steel appliances and a separate breakfast nook, providing a dedicated space for casual dining. The spacious primary bedroom features its own walkout to the terrace, his and hers closets and a 4-piece ensuite. The second bedroom is generously sized and complete with a double closet, while the additional den offers flexibility for a home office or extra living space. With its functional layout, impressive south-facing views and desirable corner position, this suite offers comfortable downtown living within St. Lawrence Market neighbourhood, steps to the market, waterfront, restaurants, cafes, shops and convenient transit. 2 Locker included. (id:66096)

Property Details

MLS®: C13853416
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Waterfront: Yes
Condo Fee: $909/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $5,233.36/yr
Listed: 34 days ago

Rooms

Main level

Living room: 5.63 x 2.8 meters
Dining room: 4.89 x 2.51 meters
Kitchen: 3.56 x 2.03 meters
Primary Bedroom: 5.74 x 3.46 meters
Bedroom 2: 3.3 x 3.24 meters
Den: 2.97 x 3.65 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, Window Coverings, Garage door opener remote(s)
Flooring: Tile, Hardwood
Exterior: Concrete, Brick Facing
Lot Features: Balcony, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,000

List price

$1.10M

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 34 days, which is 23 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · TOM CLARKE STOREY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $1,099,000, about 11.2× the local median household income of $98,000.

Carrying it typically needs a household income of about $214,673 (20% down, 25-yr amortization, stress-tested) — roughly 119% above the area median.

Median household income: $98,000
Population: 11,779
Median age: 34.4
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5E)

$1,099,000· $1,000/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $84,900.00

Min 7.73%50%

Mortgage payment$5,622/mo

↳ CMHC premium ($40,564 capitalized)

Property tax (est.)$436/mo

Condo fee$909/mo

Total monthly$6,968

Cash Needed to Close

Down payment (7.73%)$84,900

Land transfer tax$36,910

Est. closing costs$5,797

Total cash needed$127,607

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