$549,900

For sale

#1725 251 Jarvis Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#1725 251 Jarvis Street, Toronto (Church-Yonge Corridor), Ontario, M5B0C3

2 beds2 baths0 parking750 ft²$775/mo condo feeListed 87 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $549,900, it is attractively priced about 6% below the $588,000 median asking price in Toronto.

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Description

Soak up the city vibes in this bright corner 2-bed, 2-bath condo at Dundas Square Gardens! With about 750 sq. ft. of airy, open living space and floor-to-ceiling windows wrapping two sides, this suite is drenched in natural light and serves up stunning southwest views of the Toronto skyline. The primary suite features a generous closet and its own ensuite bathroom. The open kitchen includes stainless steel appliances, sleek cabinetry, and a walkout to a balcony perfect for enjoying peaceful treetop views at Gabrielle-Roy Elementary School. Enjoy the convenience of two full bathrooms and in-suite laundry. Luxury amenities include 24/7 concierge, rooftop terraces, outdoor pool & hot tub, sky lounge, fitness centre, party room, and more. Great proximity to Toronto Metropolitan University, ideal for students and faculty, and St. Michael's Hospital is just minutes away. Plus, Starbucks is right at your doorstep! Steps from TTC, Eaton Centre, restaurants, cafes and everything downtown Toronto has to offer. Great opportunity for investors - the building permits Airbnb and short-term rentals, offering excellent income potential and flexibility. (id:66096)

Property Details

MLS®: C13661020
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $775/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $3,024/yr
Listed: 87 days ago

Rooms

Main level

Dining room: 5.79 x 3 meters
Living room: 5.79 x 3 meters
Primary Bedroom: 3.2 x 2.74 meters
Bedroom 2: 2.84 x 2.85 meters
Kitchen: 5.79 x 3 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, Oven, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

87d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$734

List price

$550K

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 ROYAL LEPAGE SIGNATURE REALTY · DANIELLE DESJARDINS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $549,900, about 9.5× the local median household income of $58,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 85% 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)

$549,900· $734/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$252/mo

Condo fee$775/mo

Total monthly$3,910

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$14,946

Est. closing costs$4,150

Total cash needed$49,086

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