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$515,000
Toronto
#1617 85 Wood Street, Toronto (Church-Yonge Corridor), Ontario, M4Y0E8
This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $515,000, it is attractively priced about 13% below the $595,000 median asking price in Toronto. It has been on the market 6 days, fresher than the Toronto average of 63 days.
Welcome to Axis Condos, where contemporary downtown living meets unbeatable convenience. This bright and thoughtfully designed 2-bedroom, 1-bathroom residence offers approximately 560 sq. ft. of interior living space, complemented by an impressive 98 sq. ft. private balcony-the perfect extension of your living space in the heart of the city. The functional open-concept layout makes excellent use of every square foot, with a bright living area that opens onto the spacious balcony. The two bedrooms provide comfortable accommodations, while the contemporary kitchen and well-appointed bathroom complete this stylish urban home. Residents enjoy an impressive collection of amenities, including a 6,500 sq. ft. fitness centre, learning centre, cafe, bar with terrace, media lounge, guest suites, and rooftop patio, offering plenty of spaces to work, relax, socialize, and entertain. Perfectly positioned in the heart of Downtown Toronto, Axis Condos is just steps from Toronto Metropolitan University, Maple Leaf Gardens, Loblaws, subway access, 24-hour streetcar service, and College Park, with the Eaton Centre, Yonge-Dundas Square, University of Toronto, and countless restaurants, shops, and entertainment options all within easy reach. An exceptional opportunity to own a well-designed 2-bedroom home in one of Toronto's most connected and vibrant neighbourhoods. Urban living doesn't get more convenient than this. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 6 days on market, against an average age of 63 days across the listings currently for sale in this city
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.
This 2-bed single family in Toronto (Church-Yonge Corridor) has been listed for 6 days, which is 57 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $515,000, about 8.3× the local median household income of $62,400.
Carrying it typically needs a household income of about $100,598 (20% down, 25-yr amortization, stress-tested) — roughly 61% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice