$724,990

For saleJust listed

#1907 30 Nelson Street, Toronto (Waterfront Communities) - Single Family for Sale

#1907 30 Nelson Street, Toronto (Waterfront Communities), Ontario, M5V0H5

2 beds2 baths1 parking750 ft²$821/mo condo feeListed 2 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 57 days.

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Description

Welcome to Studio 2 Condos at 30 Nelson Street, in the heart of Toronto's vibrant Entertainment District. This bright, southwest-facing corner suite offers two bedrooms, two bathrooms, and spectacular city views through expansive floor-to-ceiling windows that fill the space with natural light. The thoughtfully designed open-concept living and dining area features contemporary finishes, wide-plank flooring, and a modern kitchen with sleek cabinetry, integrated appliances, and a breakfast bar. The primary bedroom offers a private ensuite, while the second bedroom provides flexibility for guests or a home office. Enjoy impressive views of the downtown skyline and CN Tower, along with the convenience of ensuite laundry, one parking space and one locker included. Ideally situated just steps from restaurants, cafés, shopping, theatres, the Financial District, transit, and everything downtown Toronto has to offer. An exceptional opportunity to enjoy contemporary urban living in one of the city's most sought-after neighbourhoods. (id:66096)

Property Details

MLS®: C14141590
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $821/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $4,197.19/yr
Listed: 2 days ago

Rooms

Flat

Kitchen: 3.13 x 6.79 meters
Dining room: 3.13 x 6.79 meters
Living room: 3.13 x 6.79 meters
Primary Bedroom: 2.47 x 2.83 meters
Bedroom 2: 2.77 x 2.59 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Dryer, Window Coverings
Exterior: Steel
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$967

List price

$725K

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 (Waterfront Communities) has been listed for 2 days, which is 55 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc., Brokerage · MATTHEW REGAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $724,990, about 8.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $141,616 (20% down, 25-yr amortization, stress-tested) — roughly 56% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$724,990· $967/ft²

For sale

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Full Cost Breakdown

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Down Payment6.55% · $47,499

Min 6.55%50%

Mortgage payment$3,756/mo

↳ CMHC premium ($27,100 capitalized)

Property tax (est.)$350/mo

Condo fee$821/mo

Total monthly$4,927

Cash Needed to Close

Down payment (6.55%)$47,499

Land transfer tax$21,950

Est. closing costs$4,675

Total cash needed$74,124

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