$1,149,000

For saleJust listed

#1705 60 Colborne Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

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

2 beds2 baths1 parking1,100 ft²$1,144/mo condo feeListed Today

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 63 days.

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Description

Absolutely gorgeous soft loft in the heart of the St. Lawrence Market with incredible views through floor to ceiling windows that offer an abundance of natural light and multiple exposures. This stunning 1,000 sq.ft. corner unit is just steps to the Financial District, restaurants and shopping with easy access to public transit and the Gardiner EXPWY. Experience the ultimate urban lifestyle location with a boutique vibe. Boasting quality finishes and a positively exceptional open concept layout that makes entertaining a breeze especially with hardwood styled plank flooring throughout. The cherry on top is the oversized primary bedroom which is simply perfection, easily fitting a king-sized bed with room to spare and complete with premium custom built-ins, ample closet space and heated floor in the ensuite bathroom. A versatile second bedroom could also be an office for those who work from home. First class amenities that include outdoor pool, gym, guest suites and more. This is a very well managed building with a delightful and efficient concierge. (id:66096)

Property Details

MLS®: C14154954
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,144/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $6,169.18/yr
Listed: Today

Rooms

Flat

Foyer: 2.69 x 4.59 meters
Kitchen: 6.42 x 5.89 meters
Primary Bedroom: 4.46 x 4.54 meters
Bedroom 2: 2.57 x 2.52 meters
Living room: 6.42 x 5.89 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, Water meter, Oven, Dryer, Microwave, Cooktop, Oven - Built-In, Water Treatment, Window Coverings
Exterior: Steel, Concrete
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$1,045

List price

$1.15M

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) has been listed for 0 days, which is 63 days fresher than the city average of 63. Act while there is still low competition.

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · AMY RICHARDSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $1,149,000, about 11.7× the local median household income of $98,000.

Carrying it typically needs a household income of about $224,440 (20% down, 25-yr amortization, stress-tested) — roughly 129% 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)

$1,149,000· $1,045/ft²

For sale

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Full Cost Breakdown

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Down Payment7.82% · $89,900

Min 7.82%50%

Mortgage payment$5,872/mo

↳ CMHC premium ($42,364 capitalized)

Property tax (est.)$514/mo

Condo fee$1,144/mo

Total monthly$7,530

Cash Needed to Close

Down payment (7.82%)$89,900

Land transfer tax$38,910

Est. closing costs$5,947

Total cash needed$134,757

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