$1,699,999

For sale

#201 295 Davenport Road, Toronto (Annex) - Single Family for Sale

#201 295 Davenport Road, Toronto (Annex), Ontario, M5R1K5

3 beds2 baths2 parking1,900 ft²$1,814/mo condo feeListed 9 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,900 sq ft of space. It has been on the market 9 days, fresher than the Toronto average of 58 days.

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Description

Discover sophisticated urban living at the distinguished CREED BUILDING. This exceptional custom designed, 1,857 sq. ft. two-level condo/loft residence, offers 2+1 bedrooms, 2 bathrooms and a rare blend of expansive interiors, coffered 10' ceilings, refined finishes and fixtures plus extraordinary outdoor living space. The corner unit's south-facing exposure, abundantly fills the generous living spaces with natural light, while two fireplaces create warmth and an amazing ambiance and atmosphere. White oak hardwood flooring, elegant marble tile and exquisite quartzite countertops reflect a commitment to quality and timeless design. The chef-inspired open-concept kitchen features premium KitchenAid and Miele appliances, seamlessly connecting cooking, dining, and entertaining. The elevated dining area's Juliet balcony and skylights compliment the extraordinary exterior living space - a spectacular 440 sq. ft. private south-facing terrace that elevates the experience with a fully equipped outdoor kitchen, complemented by captivating city skyline views and spectacular sunsets. Whether hosting elegant gatherings or enjoying a quiet evening above the city, this remarkable outdoor retreat extends the home's living space in style. The thoughtfully designed two-level layout offers exceptional versatility, privacy and a sense of separation rarely found in condominium living. Imagine a 550+ sq. ft. Primary Bedroom with walk-in closet, electric blinds, wood burning fireplace and a spa-inspired 5pc Ensuite. The "creme de la creme" at 295 Davenport is the ideal offering for established professionals or discerning down-sizers who appreciates upscale design, generous proportions and an elevated urban lifestyle. This turn key unit includes two private underground heated parking spaces with two storage lockers. Experience a distinctive blend of loft-inspired character, contemporary comfort and sophisticated city living in a coveted downtown Toronto setting - steps to Yorkville. (id:66096)

Property Details

MLS®: C14118402
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,900 ft²
Style: Loft
Basement: None
Heating: Forced air, Natural gas, Wood
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $1,814/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $6,844.41/yr

Rooms

Second level

Primary Bedroom: 6.6 x 6.3 meters
Office: 2.2 x 1.8 meters

Main level

Bedroom 2: 5.85 x 3.95 meters
Foyer: 3 x 1 meters
Kitchen: 6.5 x 3 meters
Dining room: 6 x 3.2 meters
Living room: 8.5 x 6 meters
Laundry room: 1 x 1 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, Central Vacuum, Barbeque, Dishwasher, Range, Oven, Dryer, Microwave, Oven - Built-In, Blinds, Garage door opener remote(s), Water Heater - Tankless
Flooring: Hardwood, Marble
Foundation: Concrete
Exterior: Brick
Lot Features: Elevator

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Annex) listings, avg age

58d

Price / ft²

$895

List price

$1.70M

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 3-bed single family in Toronto (Annex) has been listed for 9 days, which is 49 days fresher than the city average of 58. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · SCOTT ROBERT KEARNS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $1,699,999, about 19.8× the local median household income of $86,000.

Carrying it typically needs a household income of about $332,069 (20% down, 25-yr amortization, stress-tested) — roughly 286% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$1,699,999· $895/ft²

For sale

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Full Cost Breakdown

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Down Payment20.00% · $339,999.80

Min 20.00%50%

Mortgage payment$7,250/mo

Property tax (est.)$570/mo

Condo fee$1,814/mo

Total monthly$9,634

Cash Needed to Close

Down payment (20.00%)$340,000

Land transfer tax$60,950

Est. closing costs$7,600

Total cash needed$408,550

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