$480,000

For sale

#2111E 36 Lisgar Street, Toronto (Little Portugal) - Single Family for Sale

#2111E 36 Lisgar Street, Toronto (Little Portugal), Ontario, M6J0C7

2 beds2 baths0 parking550 ft²$553/mo condo feeListed 56 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $480,000, it is attractively priced about 8% below the $519,000 median asking price in Toronto. It has been on the market 56 days, fresher than the Toronto average of 71 days.

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Description

Stunning unobstructed lake and CN Tower City Views - Location! Location! Queen Street West near the iconic Drake Hotel. Experience downtown living in this beautifully designed, newly renovated 2-bedroom, 2-bathroom luxury condo in the heart of Queen Street West. This open-concept unit boasts a functional layout, split bedroom plan, floor-to-ceiling windows, large 25ft. balcony across entire living space and an abundance of natural lights. Features include: Modern design, ensuite laundry for convenience, 1 locker for extra storage, prime location - steps to TTC, grocery stores, banks, restaurants, cafes, Trinity Bellwoods Park. Concierge, gym, & versatile multipurpose room. Don't miss out on this incredible opportunity to live in one of Toronto's most vibrant neighbourhoods! Have a home office and a separate bedroom with an ensuite bath. Second bedroom staged with futon and desk. (id:66096)

Property Details

MLS®: C13773186
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $553/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,036.03/yr
Listed: 56 days ago

Rooms

Flat

Dining room: 5.96 x 2.77 meters
Bedroom 2: 2.74 x 2.38 meters
Primary Bedroom: 3.39 x 2.67 meters
Kitchen: 5.96 x 3.63 meters
Other: 7.62 x 1.22 meters
Living room: 5.96 x 2.77 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, Microwave, Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Toronto (Little Portugal) listings, avg age

71d

Price / ft²

$874

List price

$480K

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 (Little Portugal) has been listed for 56 days, which is 15 days fresher than the city average of 71. Act while there is still low competition.

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Listed by CHESTNUT PARK REAL ESTATE LIMITED · TYLER MACLEOD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $480,000, about 5.3× the local median household income of $90,000.

Carrying it typically needs a household income of about $93,761 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$480,000· $874/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,000

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,240 capitalized)

Property tax (est.)$170/mo

Condo fee$553/mo

Total monthly$3,250

Cash Needed to Close

Down payment (5%)$24,000

Land transfer tax$12,150

Est. closing costs$3,940

Total cash needed$40,090

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