$699,900

For sale

#207 5 St Joseph Street, Toronto (Bay Street Corridor) - Single Family for Sale

#207 5 St Joseph Street, Toronto (Bay Street Corridor), Ontario, M4Y1J6

2 beds2 baths1 parking850 ft²$796/mo condo feeListed 31 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $699,900 asking price sits right in line with the $685,000 median in Toronto. It has been on the market 31 days, fresher than the Toronto average of 60 days.

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Description

Welcome to Five Condos, where luxury living meets the heart of Downtown Toronto! This bright and spacious 823sq. ft. 2 BED 2 BATH suite features one of the best and most functional split bedroom floor plan with the upmost privacy. Enjoy 9-ft ceiling, west unobstructed view with abundant natural light. The modern kitchen is ideal for both everyday living and entertaining, featuring premium built-in MIELE appliances and a large centre island withan integrated dining table. Exceptional building amenities include 24-hour concierge, fully equipped fitness centre,party room, rooftop terrace with BBQs, visitor parking, and more. Perfectly situated just steps from Wellesley Subway Station, U of T, TMU, major hospitals, Yorkville, Eaton Centre, restaurants, grocery stores, and the Financial District. An ideal home for professionals and students alike, offering an unbeatable combination of space,functionality, luxury, and location. Don't miss this opportunity! 1 Parking. (id:66096)

Property Details

MLS®: C13862468
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $796/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,335.31/yr
Listed: 31 days ago

Rooms

Main level

Living room: 3.8 x 3.3 meters
Dining room: 3.65 x 3.3 meters
Kitchen: 3.65 x 3.3 meters
Bedroom: 3.98 x 2.45 meters
Bedroom: 2.85 x 2.56 meters

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

Features

Appliances: All, Range, Oven - Built-In, Window Coverings, Garage door opener remote(s)
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$824

List price

$700K

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 (Bay Street Corridor) has been listed for 31 days, which is 29 days fresher than the city average of 60. Act while there is still low competition.

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Listed by CENTURY 21 ATRIA REALTY INC. · YUZHU JIANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $699,900, about 11.2× the local median household income of $62,400.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 119% above the area median.

Median household income: $62,400
Population: 36,319
Median age: 33.2
Owner / renter: 29% / 72%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA M4Y)

$699,900· $824/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$361/mo

Condo fee$796/mo

Total monthly$4,788

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$20,946

Est. closing costs$4,600

Total cash needed$70,536

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