$529,000

For sale

#2301 327 King Street, Toronto (Waterfront Communities) - Single Family for Sale

#2301 327 King Street, Toronto (Waterfront Communities), Ontario, M5V1J5

1 bed1 bath0 parking250 ft²$430/mo condo feeListed 93 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $529,000, it is attractively priced about 16% below the $629,900 median asking price in Toronto.

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Description

Welcome to Empire Maverick Condos-Stylish Downtown Living Perfect for Young Professionals! Bright East-Facing Suite with Unobstructed City Views and Abundant Natural Light. Efficient, Open-Concept Layout Featuring a Sleek Modern Kitchen with Integrated Appliances and Contemporary Finishes.Located in the Heart of Downtown, between the Financial District and King West- Ideal for Professionals Seeking Walkable, Connected Living. Steps to TTC, Major Office Towers, and Toronto's Top Employers.Enjoy an Unmatched Lifestyle Just Minutes to TIFF Bell Lightbox, Rogers Centre (Home of the Blue Jays), Entertainment District, Trendy Restaurants, Cafes, and Nightlife.A Rare Opportunity to Own in One of Toronto's Most Vibrant and In-Demand Neighbourhoods! (id:66096)

Property Details

MLS®: C13638078
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $430/mo
Fee Includes: Common Area Maintenance, Heat
Ownership: Condo/Strata
Listed: 93 days ago

Rooms

Flat

Primary Bedroom: 3.13 x 3.01 meters
Kitchen: 3.59 x 2.59 meters
Living room: 3.59 x 2.59 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
Flooring: Laminate
Exterior: Concrete
Lot Features: Elevator, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

93d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$2,120

List price

$529K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RIGHT AT HOME REALTY · SUE J. PARK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $529,000, about 5.8× the local median household income of $91,000.

Carrying it typically needs a household income of about $103,332 (20% down, 25-yr amortization, stress-tested) — roughly 14% above 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)

$529,000· $2,120/ft²

For sale

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Full Cost Breakdown

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Down Payment5.27% · $27,900

Min 5.27%50%

Mortgage payment$2,778/mo

↳ CMHC premium ($20,044 capitalized)

Est. property tax$0/mo

Condo fee$430/mo

Total monthly$3,208

Cash Needed to Close

Down payment (5.27%)$27,900

Land transfer tax$14,110

Est. closing costs$4,087

Total cash needed$46,097

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