$549,999

For sale

#216 8 Dovercourt Road, Toronto (Little Portugal) - Single Family for Sale

#216 8 Dovercourt Road, Toronto (Little Portugal), Ontario, M6J0B6

1 bed1 bath1 parking650 ft²$527/mo condo feeListed 32 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 32 days, fresher than the Toronto average of 71 days.

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Description

ART OF THE LOFT! Don't miss this super cool, design-forward one-bedroom at the award-winning Art Condos (!!) in the heart of Queen West. A tastefully designed boutique building that blends thoughtful functionality with a cool, artistic style. This hip suite has all the good stuff: open-concept living, soaring 10-foot exposed concrete ceilings, Scavolini-designed kitchen and bathroom finishes, a renovated kitchen with a custom island topped with quartz countertops, fresh paint throughout and custom closets that make the space work beautifully. And then there's the balcony. Facing beautiful Victorian homes, it's a quiet little escape from the buzz of Queen West - the perfect spot to sit with a coffee and watch the neighbourhood go by. Parking + a large locker make city living extra easy. And the location? Steps from the best of Queen West's shops, restaurants, galleries, transit, Trinity Bellwoods Park, and more.Cool, creative, incredibly well located. (id:66096)

Property Details

MLS®: C13863474
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Style: Loft
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: Garage, Underground
Condo Fee: $527/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,693.27/yr
Listed: 32 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Oven - Built-In
Foundation: Concrete
Exterior: Brick
Lot Features: Elevator, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

32d

Toronto (Little Portugal) listings, avg age

71d

Price / ft²

$847

List price

$550K

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 (Little Portugal) has been listed for 32 days, which is 39 days fresher than the city average of 71. Act while there is still low competition.

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Listed by SAGE REAL ESTATE LIMITED · BIANCA DEIRDRE JOHNSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $549,999, about 6.1× the local median household income of $90,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 19% 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)

$549,999· $847/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,999.90

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$224/mo

Condo fee$527/mo

Total monthly$3,635

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$14,950

Est. closing costs$4,150

Total cash needed$49,100

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