$539,999

For sale

#1925A 70 Princess Street, Toronto (Waterfront Communities) - Single Family for Sale

#1925A 70 Princess Street, Toronto (Waterfront Communities), Ontario, M5A0X6

2 beds2 baths1 parking550 ft²$565/mo condo feeListed 49 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $539,999, it is attractively priced about 14% below the $629,900 median asking price in Toronto. It has been on the market 49 days, fresher than the Toronto average of 57 days.

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Description

Bright & Functional 1+1 Bedroom, 2 Full Bathroom Suite In The Sought-After Time & Space Condominiums! Unit Includes 1 Premium Parking Space Purchased Directly From The Builder. Ideally Located At Front & Sherbourne, Steps From The Distillery District, St. Lawrence Market, The Waterfront, TTC, Grocery Stores, Restaurants, And Shopping. Enjoy An Exceptional Walk Score Of 99 And Transit Score Of 100, Ideal Home For Young Professionals, First-Time Buyers, Or Investors. Residents Have Access To Outstanding Luxury Amenities, Including A Rooftop Infinity Pool, Rooftop Cabanas, Yoga Studio, State-Of-The-Art Fitness Centre, Party And Meeting Rooms Etc. Exceptional Value In One Of Toronto's Most Desirable Downtown Communities-Priced To Sell! (id:66096)

Property Details

MLS®: C13801912
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $565/mo
Fee Includes: Heat
Ownership: Condo/Strata
Property Tax: $3,138.21/yr
Listed: 49 days ago

Rooms

Main level

Den: 2.1 x 2.43 meters
Primary Bedroom: 2.84 x 2.87 meters
Kitchen: 3.04 x 2.47 meters
Living room: 3.45 x 2.8 meters

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

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$983

List price

$540K

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 49 days, which is 8 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX SUCCESS REALTY · SHIREEN OWIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $539,999, about 7.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $105,481 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$539,999· $983/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $28,999.90

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,440 capitalized)

Property tax (est.)$262/mo

Condo fee$565/mo

Total monthly$3,659

Cash Needed to Close

Down payment (5.37%)$29,000

Land transfer tax$14,550

Est. closing costs$4,120

Total cash needed$47,670

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