$495,000

For sale

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#1701 197 YONGE ST Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#1701 197 YONGE ST Street, Toronto (Church-Yonge Corridor), Ontario, M5B0C1

1 bed1 bath0 parking ft²

#1410 28 Ted Rogers Way, Toronto (Church-Yonge Corridor), Ontario, M4Y2J4

1 bd1 ba550 ft²+$519/mo

Listed by REAL ESTATE HOMEWARD

#1705 60 Colborne Street, Toronto (Church-Yonge Corridor), Ontario, M5E0B7

For saleJust listed

Today

$1.15M

#1705 60 Colborne Street, Toronto (Church-Yonge Corridor), Ontario, M5E0B7

2 bd2 ba1 pk1,100 ft²+$1144/mo

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

#1603 71 Charles Street East, Toronto (Church-Yonge Corridor), Ontario, M4Y2T3

For saleJust listed

Yesterday

$1.43M

#1603 71 Charles Street East, Toronto (Church-Yonge Corridor), Ontario, M4Y2T3

3 bd3 ba2 pk2,875 ft²+$2944/mo

Listed by SAGE REAL ESTATE LIMITED

#706 285 Mutual Street, Toronto (Church-Yonge Corridor), Ontario, M4Y3C5

For saleJust listed

Yesterday

$450K

#706 285 Mutual Street, Toronto (Church-Yonge Corridor), Ontario, M4Y3C5

1 bd1 ba550 ft²+$624/mo

Listed by SAGE REAL ESTATE LIMITED

Investment analysis

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$495,000

Toronto

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$558/mo condo fee

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $495,000, it is attractively priced about 16% below the $588,000 median asking price in Toronto.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Excellent Location! 1 Bedroom Located in Core of Downtown. Fresh Paint. 9 Feet Ceiling. Floor to Ceiling Windows. Steps to Queen Subway Station, Eaton Centre, Massey Hall, St. Michael's Hospital. Within Walking Distance to Ryerson University, Financial District, City Hall, Public Transit, Restaurants, Entertainment & Shopping. 24 Hour Concierge, Fitness Centre, Guest Suites, Party Room, Etc. (id:66096)

Property Details

MLS®: C13748324
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $558/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $2,865.53/yr
Listed: 62 days ago

Rooms

Flat

Living room: 6.07 x 3.23 meters
Dining room: 6.07 x 3.23 meters
Kitchen: 6.07 x 3.23 meters
Primary Bedroom: 2.92 x 2.82 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, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$901

List price

$495K

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 1-bed single family in Toronto (Church-Yonge Corridor) has been listed for 62 days, which is 1 days fresher than the city average of 63. Act while there is still low competition.

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Listed by DREAM HOME REALTY INC. · KEN LAI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $495,000, about 8.5× the local median household income of $58,000.

Carrying it typically needs a household income of about $96,691 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.

Median household income: $58,000
Population: 17,422
Median age: 31.4
Owner / renter: 28% / 72%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5B)

$495,000· $901/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,750

Min 5%50%

Mortgage payment$2,607/mo

↳ CMHC premium ($18,810 capitalized)

Property tax (est.)$239/mo

Condo fee$558/mo

Total monthly$3,404

Cash Needed to Close

Down payment (5%)$24,750

Land transfer tax$12,750

Est. closing costs$3,985

Total cash needed$41,485

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice