$545,000

For sale

#2007 80 Queens Wharf Road, Toronto (Waterfront Communities) - Single Family for Sale

#2007 80 Queens Wharf Road, Toronto (Waterfront Communities), Ontario, M5V0J3

2 beds1 bath1 parking550 ft²$639/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 $545,000, it is attractively priced about 13% below the $629,900 median asking price in Toronto. It has been on the market 12 days, fresher than the Toronto average of 57 days.

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Description

Rarely Offered Sub-Penthouse 1 Bedroom + Den in the highly sought-after Newton Condos! This bright East-facing suite offers approximately 570 sq. ft. of thoughtfully designed living space plus a balcony, showcasing spectacular city views, including the iconic CN Tower.Featuring a functional and efficient layout, the spacious den can be used as a separate room, ideal for a home office or guest space. Floor-to-ceiling windows provide abundant natural light throughout. The modern kitchen is equipped with high-end built-in appliances, cabinet organizers, and ample storage.Enjoy luxury living with premium building amenities, including a 24-hour concierge, indoor swimming pool, basketball court, fitness facilities, yoga studio & more! Conveniently located in the heart of downtown, just steps to the Waterfront, Rogers Centre, CN Tower, transit, schools, Loblaws, LCBO, restaurants, Shopping,bars, banks, parks, library, and community center. Minutes by TTC to UofT, TMU (Ryerson), OCAD, Eaton Centre ,Entertainment, and all urban conveniences. (id:66096)

Property Details

MLS®: C14113862
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $639/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,984.84/yr
Listed: 12 days ago

Rooms

Ground level

Living room
Dining room
Kitchen
Primary Bedroom
Den

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, Cooktop, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$992

List price

$545K

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 12 days, which is 45 days fresher than the city average of 57. Act while there is still low competition.

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Listed by BAY STREET GROUP INC. · GRACE JIANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $545,000, about 6.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $106,458 (20% down, 25-yr amortization, stress-tested) — roughly 17% 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)

$545,000· $992/ft²

For sale

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Full Cost Breakdown

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Down Payment5.41% · $29,500

Min 5.41%50%

Mortgage payment$2,858/mo

↳ CMHC premium ($20,620 capitalized)

Property tax (est.)$249/mo

Condo fee$639/mo

Total monthly$3,746

Cash Needed to Close

Down payment (5.41%)$29,500

Land transfer tax$14,750

Est. closing costs$4,135

Total cash needed$48,385

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