$579,000

For sale

#1702 55 Bloor Street East, Toronto (Church-Yonge Corridor) - Single Family for Sale

#1702 55 Bloor Street East, Toronto (Church-Yonge Corridor), Ontario, M4W3W6

2 beds1 bath1 parking$1,000/mo condo feeListed 132 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale. Its $579,000 asking price sits right in line with the $588,000 median in Toronto.

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Description

Welcome to 55 Bloor Street East, ideally located at the iconic Yonge & Bloor intersection in the heart of downtown Toronto. This bright and spacious 1-bedroom plus den suite offers a highly functional layout, making it an excellent choice for professionals, students, first-time buyers, or investors.Enjoy an open-concept living and dining area with large windows that fill the space with natural light. The versatile den is ideal for a home office, guest room, or study area. This suite also includes 1 parking space and 1 locker for added convenience.Maintenance fees include all utilities-electricity, water, and heat-providing exceptional value and worry-free ownership. Just a 1-2 minute walk to TTC subway Lines 1 and 2, commuting couldn't be more convenient. Ideally situated near U of T, TMU, Yorkville's luxury shopping, renowned restaurants, cafés, and everyday amenities.Offering one of Toronto's best locations at an attractive price point, this is a rare opportunity to enjoy exceptional urban living and outstanding value in a highly sought-after neighbourhood. (id:66096)

Property Details

MLS®: C13496140
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,000/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,391.51/yr
Listed: 132 days ago

Rooms

Ground level

Living room: 4.57 x 2.47 meters
Dining room: 4 x 2.99 meters
Primary Bedroom: 2.71 x 3.38 meters
Den: 4.47 x 2.47 meters
Kitchen: 2.59 x 2.16 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, Hood Fan, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

132d

Toronto (Church-Yonge Corridor) listings, avg age

63d

List price

$579K

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 (Church-Yonge Corridor) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RIGHT AT HOME REALTY · SUN KIM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4W)

This home lists at $579,000, about 5.6× the local median household income of $104,000.

Carrying it typically needs a household income of about $113,099 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.

Median household income: $104,000
Population: 15,296
Median age: 44.8
Owner / renter: 56% / 44%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4W)

$579,000

For sale

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Full Cost Breakdown

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Down Payment5.68% · $32,900

Min 5.68%50%

Mortgage payment$3,028/mo

↳ CMHC premium ($21,844 capitalized)

Property tax (est.)$283/mo

Condo fee$1,000/mo

Total monthly$4,310

Cash Needed to Close

Down payment (5.68%)$32,900

Land transfer tax$16,110

Est. closing costs$4,237

Total cash needed$53,247

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