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$555,000
Toronto
#2107 70 Distillery Lane, Toronto (Waterfront Communities), Ontario, M5A0E3
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $555,000, it is attractively priced about 12% below the $629,900 median asking price in Toronto. It has been on the market 17 days, fresher than the Toronto average of 57 days.
Perfect south-facing lake views from this bright and spacious 1-bedroom, 1-bathroom condo with parking and locker in the heart of Toronto's historic Distillery District. Enjoy breathtaking, unobstructed lake views from the large balcony. This move-in-ready suite features an open concept layout, floor-to-ceiling windows, abundant natural light, freshly painted walls and ceilings, updated flooring and stainless steel appliances. Located in a very well-managed building offering exceptional amenities, including an outdoor pool with cabanas, hot tub, fully equipped gym, Yoga/Pilates studio, steam room, sauna, rooftop terrace with BBQ area, games room, party room with bar, theatre, library, guest suites, and 24-hour concierge. The building is undergoing several value-enhancing improvements, including balcony refurbishment and waterproofing currently in progress, with hallway renovations expected to be completed in August. Steps to the TTC streetcar and the future Corktown Station on the Ontario Line. Benefit from the ongoing Port Lands revitalization and the future Ookwemin Minising waterfront community, bringing new parks, amenities, and green space to the area. An exceptional opportunity to own in the heart Toronto's historic Distillery District. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 17 days on market, against an average age of 57 days across the listings currently for sale in this city
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.
This 1-bed single family in Toronto (Waterfront Communities) has been listed for 17 days, which is 40 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $555,000, about 7.8× the local median household income of $71,000.
Carrying it typically needs a household income of about $108,411 (20% down, 25-yr amortization, stress-tested) — roughly 53% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice