$369,000

For sale

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#220 169 Fort York Boulevard, Toronto (Waterfront Communities) - Single Family for Sale

#220 169 Fort York Boulevard, Toronto (Waterfront Communities), Ontario, M5V0C8

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Investment analysis

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$369,000

Toronto

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Description

Welcome to The Garrison! Bright south-facing studio featuring soaring 10-foot ceilings and an impressive 106 sq. ft. private terrace. Large windows fill the suite with natural light, while the functional open-concept layout makes the most of every square foot. Residents enjoy access to top-tier amenities, including a fully equipped fitness centre, yoga studio, sauna,t heatre and games rooms, rooftop terrace with BBQs, and 24-hour concierge. Perfectly located just steps to the TTC, waterfront, King West, Liberty Village, The Well, Stackt Market, parks, cafés, shops, and the Martin Goodman Trail. Enjoy convenient access to major highways, Union and Exhibition GO Stations, with exciting future growth including the King-Bathurst OntarioLine subway station and the Ontario Place redevelopment. On the building's retail level, enjoy direct access to Anytime Fitness, Next Golf Simulator, Organic Nail Bar, and a convenience store. An ideal opportunity to own in a vibrant downtown neighbourhood with exceptional transit, amenities, and everyday conveniences at your doorstep. (id:66096)

Market Timing

Days on market

118d

Toronto (Waterfront Communities) listings, avg age

57d

List price

$369K

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.

Area context

Neighbourhood profile (M5V)

This home lists at $369,000, about 4.1× the local median household income of $91,000.

Carrying it typically needs a household income of about $72,079 (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)

$369,000

For sale

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Full Cost Breakdown

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Down Payment5% · $18,450

Min 5%50%

Mortgage payment$1,944/mo

↳ CMHC premium ($14,022 capitalized)

Property tax (est.)$126/mo

Condo fee$258/mo

Total monthly$2,328

Cash Needed to Close

Down payment (5%)$18,450

Land transfer tax$8,020

Est. closing costs$3,607

Total cash needed$30,077

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#220 169 Fort York Boulevard, Toronto (Waterfront Communities) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5V)

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Full Cost Breakdown