$449,000

For saleJust listed

#1708 47 Mutual Street, Toronto (Moss Park) - Single Family for Sale

#1708 47 Mutual Street, Toronto (Moss Park), Ontario, M5B0C6

2 beds1 bath0 parking550 ft²$435/mo condo feeListed Yesterday

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $449,000, it is attractively priced about 22% below the $574,900 median asking price in Toronto. It has been on the market 1 day, fresher than the Toronto average of 61 days.

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Description

One-Year-New Condo In The Heart Of Downtown Toronto! Bright And Spacious 1 Bedroom + Den Featuring A Generously Sized Den (10'9" x 6'8") With An Added Door And Closet, Offering The Functionality Of A Second Bedroom. South-Facing Unit With Abundant Natural Light, 9' Ceilings, Premium Finishes, And Laminate Flooring Throughout. Large Floor-To-Ceiling Windows Showcase An Unobstructed South-Facing City View. Unbeatable Location Within Walking Distance To Toronto Metropolitan University (Formerly Ryerson), George Brown College, U Of T, Eaton Centre, Yonge-Dundas Square, City Hall, Groceries, Shops, Restaurants, And Hospitals. Just Minutes To The Entertainment District. Experience The Best Of Downtown Living With Everything You Need Right At Your Doorstep! MUST SEE!! (id:66096)

Property Details

MLS®: C14154318
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: Garage, Underground
Condo Fee: $435/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $3,015.53/yr
Listed: Yesterday

Rooms

Flat

Living room: 3.3 x 6.2 meters
Kitchen: 3.3 x 6.2 meters
Dining room: 3.3 x 6.2 meters
Primary Bedroom: 3.25 x 2.74 meters
Den: 3.28 x 2.03 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, Range, Dryer, Microwave, Oven - Built-In, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$817

List price

$449K

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 (Moss Park) has been listed for 1 day, which is 60 days fresher than the city average of 61. Act while there is still low competition.

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Listed by EXP REALTY · KEVIN LIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $449,000, about 7.7× the local median household income of $58,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 51% 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)

$449,000· $817/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$251/mo

Condo fee$435/mo

Total monthly$3,052

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$10,910

Est. closing costs$3,847

Total cash needed$37,207

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