$319,000

For sale

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#202 10 Willison Square, Toronto (Kensington-Chinatown) - Single Family for Sale

#202 10 Willison Square, Toronto (Kensington-Chinatown), Ontario, M5T0A8

0 beds1 bath0 parking ft²

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Investment analysis

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$319,000

Toronto

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Description

Step into homeownership with this bright and beautifully maintained corner suite in the heart of downtown! Featuring 9-ft ceilings, abundant natural light and a modern kitchen with stone countertops and a centre island. Ideally located steps from U of T, the AGO, TTC, shops, cafés, groceries, restaurants and everything Chinatown and Kensington Market have to offer. Enjoy fantastic building amenities, including a 24-hour concierge, rooftop terrace with BBQs, fitness centre, theatre room and party room. An incredible opportunity for a first-time buyer to own in one of Toronto's most vibrant and convenient neighbourhoods! (id:66096)

Property Details

MLS®: C14083852
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $545/mo
Fee Includes: Common Area Maintenance, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,171.49/yr
Listed: 20 days ago

Market Timing

Days on market

20d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$1,279

List price

$319K

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.

Area context

Neighbourhood profile (M5T)

This home lists at $319,000, about 5.2× the local median household income of $61,600.

Carrying it typically needs a household income of about $62,312 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$319,000· $1,279/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,950

Min 5%50%

Mortgage payment$1,680/mo

↳ CMHC premium ($12,122 capitalized)

Property tax (est.)$181/mo

Condo fee$545/mo

Total monthly$2,406

Cash Needed to Close

Down payment (5%)$15,950

Land transfer tax$6,520

Est. closing costs$3,457

Total cash needed$25,927

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#202 10 Willison Square, Toronto (Kensington-Chinatown) - Single Family for Sale

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Neighbourhood profile (M5T)

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