$399,900

For sale

#206 9 Tecumseth Street, Toronto (Niagara) - Single Family for Sale

#206 9 Tecumseth Street, Toronto (Niagara), Ontario, M5V0S5

1 bed1 bath0 parking250 ft²$513/mo condo feeListed 29 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $399,900, it is attractively priced about 35% below the $615,000 median asking price in Toronto. It has been on the market 29 days, fresher than the Toronto average of 49 days.

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Description

***PRICED TO SELL!*** Bright and modern one-bedroom suite at West Condos by Aspen Ridge in the heart of King West. Offering approximately 480 sq. ft. of interior space plus a 180 sq. ft. private outdoor area, this home features floor-to-ceiling windows and an open-concept layout filled with natural light. Enjoy 24-hour concierge service, fitness and yoga facilities, lounge, billiards and games areas, party and dining spaces, a rooftop barbecue terrace and a pet spa. Steps to STACKT Market, Farm Boy, The Well, neighbourhood restaurants, cafés and shops, with convenient access to TTC transit, parks and waterfront trails. As a first time home buyer, you could own this with as little as $25k down (with all closing costs included) and $2,500 per month all in. Please see financial illustration attached. (id:66096)

Property Details

MLS®: C13866942
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $513/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,209/yr
Listed: 29 days ago

Rooms

Flat

Living room: 2.46 x 6.78 meters
Dining room: 2.46 x 6.78 meters
Kitchen: 2.46 x 6.78 meters
Primary Bedroom: 2.79 x 3.61 meters
Other: 0.01 x 0.01 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, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Flooring: Concrete, Hardwood
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Niagara) listings, avg age

49d

Price / ft²

$1,603

List price

$400K

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 1-bed single family in Toronto (Niagara) has been listed for 29 days, which is 20 days fresher than the city average of 49. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · Kenneth Yim

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $399,900, about 4.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$399,900· $1,603/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$184/mo

Condo fee$513/mo

Total monthly$2,803

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$8,947

Est. closing costs$3,700

Total cash needed$32,642

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