$439,000

For sale

#2103 87 Peter Street, Toronto (Waterfront Communities) - Single Family for Sale

#2103 87 Peter Street, Toronto (Waterfront Communities), Ontario, M5V0P1

1 bed1 bath0 parking550 ft²$419/mo condo feeListed 21 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $439,000, it is attractively priced about 30% below the $629,900 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 57 days.

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Description

Experience downtown living at 87 Peter St! Perched on a high floor with unobstructed city views, this bright 500 Sq/Ft 1 bed, 1 bath condo offers a thoughtfully designed layout that makes the most of every square foot. Sleek built-in appliances and modern finishes create a stylish, welcoming space, while the private balcony is the perfect spot to unwind above the city.Located in the heart of Toronto's Entertainment District, you are steps from restaurants, shopping, groceries, public transit and the energy of downtown. Enjoy an impressive range of building amenities, including a gym, yoga studio, party room, games room, media room, hot tub, sauna and 24hr concierge.A wonderful opportunity to enjoy comfort, convenience and vibrant city living, all in one address. (id:66096)

Property Details

MLS®: C14083112
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: Other, See Remarks, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $419/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,547.47/yr
Listed: 21 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Cooktop, Freezer, Hood Fan, Blinds, Window Coverings
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$799

List price

$439K

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 (Waterfront Communities) has been listed for 21 days, which is 36 days fresher than the city average of 57. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · K.J. LORK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $439,000, about 4.8× the local median household income of $91,000.

Carrying it typically needs a household income of about $85,752 (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)

$439,000· $799/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,950

Min 5%50%

Mortgage payment$2,312/mo

↳ CMHC premium ($16,682 capitalized)

Property tax (est.)$212/mo

Condo fee$419/mo

Total monthly$2,943

Cash Needed to Close

Down payment (5%)$21,950

Land transfer tax$10,510

Est. closing costs$3,817

Total cash needed$36,277

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