$379,000

For sale

#1903 251 Jarvis Street, Toronto (Moss Park) - Single Family for Sale

#1903 251 Jarvis Street, Toronto (Moss Park), Ontario, M5B0C3

2 beds1 bath0 parking550 ft²$540/mo condo feeListed 12 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $379,000, it is attractively priced about 34% below the $574,900 median asking price in Toronto. It has been on the market 12 days, fresher than the Toronto average of 61 days.

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Description

Modern urban living awaits at Dundas Square Gardens in this thoughtfully designed 1-bedroom plus den suite. The bright, open-concept layout features contemporary finishes, stainless steel appliances, custom kitchen cabinetry, and seamless living and dining areas ideal for everyday comfort and entertaining. The versatile den offers excellent flexibility as a second bedroom, private home office, or guest space. One storage locker is included for added convenience. An excellent opportunity for first-time buyers, professionals, or investors seeking a well-connected downtown property. Ideally located near Toronto Metropolitan University, George Brown College, the Eaton Centre, Yonge-Dundas Square, Massey Hall, subway stations, restaurants, shopping, and entertainment. With exceptional Walk, Bike, and Transit Scores above 98, this residence places the best of downtown Toronto within easy reach. A fantastic opportunity to own in one of the city's most vibrant and convenient neighbourhoods. (id:66096)

Property Details

MLS®: C14110374
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
Garage: Underground, No Garage
Condo Fee: $540/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,179.17/yr
Listed: 12 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$690

List price

$379K

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 12 days, which is 49 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX PLUS CITY TEAM INC. · SUNDEEP BAHL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $379,000, about 6.5× the local median household income of $58,000.

Carrying it typically needs a household income of about $74,032 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$379,000· $690/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,950

Min 5%50%

Mortgage payment$1,996/mo

↳ CMHC premium ($14,402 capitalized)

Property tax (est.)$182/mo

Condo fee$540/mo

Total monthly$2,718

Cash Needed to Close

Down payment (5%)$18,950

Land transfer tax$8,320

Est. closing costs$3,637

Total cash needed$30,907

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