$975,000

For saleJust listed

#1707 501 St Clair Avenue West, Toronto (Casa Loma) - Single Family for Sale

#1707 501 St Clair Avenue West, Toronto (Casa Loma), Ontario, M5P0A2

2 beds2 baths1 parking850 ft²$1,091/mo condo feeListed 6 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $975,000, it is attractively priced about 37% below the $1,549,900 median asking price in Toronto. It has been on the market 6 days, fresher than the Toronto average of 48 days.

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Description

Welcome To The Rise, Bathurst And St. Clair's Premier Condominium Residence. Enjoy Sweeping, Unobstructed Southwest Views Of Toronto's Skyline And The Lush Greenery Surrounding Casa Loma From This Beautiful 2-Bedroom, 2-Bathroom Corner Suite. Floor-To-Ceiling Windows Fill The Spacious Interior With Natural Light, Complementing The Contemporary Finishes Throughout. Features Include Wide-Plank Flooring, Elegant Baseboards, A Striking Feature Wall, Stylish Light Fixtures, Pot Lights, And A Lutron Lighting And Automated Blind System. Both Bedrooms Offer Blackout Blinds And Custom Built-In Storage, While The Primary Suite Features A Spacious Walk-In Closet With Bespoke Organizers. The Primary Ensuite Features A Sleek Glass-Enclosed Shower, While Both Bathrooms Offer Modern Finishes And Integrated Storage. Step Outside To The Private Terrace, Complete With A Rarely Offered Gas Line, Ideal For Outdoor Entertaining. Combining Modern Comforts, Exceptional Views, And Thoughtful Design, This Move-In-Ready Residence Offers Comfortable, Stylish City Living. (id:66096)

Property Details

MLS®: C14128720
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,091/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,442/yr
Listed: 6 days ago

Rooms

Main level

Living room: 3.75 x 3.04 meters
Kitchen: 4.1 x 3.05 meters
Primary Bedroom: 3.38 x 3.08 meters
Bedroom 2: 3.2 x 2.9 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, Oven, Dryer, Microwave, Cooktop
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Casa Loma) listings, avg age

48d

Price / ft²

$1,148

List price

$975K

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 (Casa Loma) has been listed for 6 days, which is 42 days fresher than the city average of 48. Act while there is still low competition.

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Listed by RE/MAX REALTRON BARRY COHEN HOMES INC. · TYLER COHEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5P)

This home lists at $975,000, about 9.8× the local median household income of $99,000.

Carrying it typically needs a household income of about $190,452 (20% down, 25-yr amortization, stress-tested) — roughly 92% above the area median.

Median household income: $99,000
Population: 19,791
Median age: 43.2
Owner / renter: 39% / 61%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M5P)

$975,000· $1,148/ft²

For sale

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Full Cost Breakdown

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Down Payment7.44% · $72,500

Min 7.44%50%

Mortgage payment$5,004/mo

↳ CMHC premium ($36,100 capitalized)

Property tax (est.)$370/mo

Condo fee$1,091/mo

Total monthly$6,465

Cash Needed to Close

Down payment (7.44%)$72,500

Land transfer tax$31,950

Est. closing costs$5,425

Total cash needed$109,875

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