$649,900

For sale

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#2301 7 Grenville Street, Toronto (Bay Street Corridor) - Single Family for Sale

#2301 7 Grenville Street, Toronto (Bay Street Corridor), Ontario, M4Y1A1

2 beds2 baths0 parking ft²

#2105 1 King Street West, Toronto (Bay Street Corridor), Ontario, M5H1A1

1 ba250 ft²+$674/mo

Listed by ROYAL LEPAGE TERREQUITY PLATINUM REALTY

#3204 35 Balmuto Street, Toronto (Bay Street Corridor), Ontario, M4Y0A3

For saleJust listed

Today

$1.30M

#3204 35 Balmuto Street, Toronto (Bay Street Corridor), Ontario, M4Y0A3

2 bd2 ba1 pk1,300 ft²+$1187/mo

Listed by CHESTNUT PARK REAL ESTATE LIMITED

#5001 7 Grenville Street, Toronto (Bay Street Corridor), Ontario, M4Y1W9

For saleJust listed

Yesterday

$650K

#5001 7 Grenville Street, Toronto (Bay Street Corridor), Ontario, M4Y1W9

2 bd2 ba650 ft²+$542/mo

Listed by HOMELIFE GOLCONDA REALTY INC.

#902 62 Wellesley Street West, Toronto (Bay Street Corridor), Ontario, M5S2X3

For saleJust listed

2 days ago

$890K

#902 62 Wellesley Street West, Toronto (Bay Street Corridor), Ontario, M5S2X3

4 bd2 ba1 pk1,500 ft²+$1400/mo

Listed by RE/MAX CONDOS PLUS CORPORATION

Investment analysis

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$649,900

Toronto

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$595/mo condo fee

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $649,900 asking price sits right in line with the $659,888 median in Toronto. It has been on the market 12 days, fresher than the Toronto average of 60 days.

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Description

One Of The Most Ideal Location In The Core Downtown Area. Luxury Yc Condos, Two Bedroom 636 Sq ft + Large Balcony 140 Sq ft, 9ft Ceiling, Bright And Spacious. 1 Minute Walking To College Subway Station. Within Walking Distance To U Of T, Ryerson, Shopping, Close To Everything. Fantastic Neighborhood, Easy Access To Eaton Centre, Loblaws, And Parks. World Class Amenities Included: Indoor Swimming Pool On Floor 66, Sky Lounge, Fitness Facility And More. (id:66096)

Property Details

MLS®: C14110386
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $595/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $3,515/yr
Listed: 12 days ago

Rooms

Flat

Living room: 3.04 x 5.06 meters
Dining room: 3.04 x 5.06 meters
Kitchen: 3.04 x 5.06 meters
Primary Bedroom: 2.82 x 3.42 meters
Bedroom 2: 2.42 x 2.7 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, Blinds
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$1,001

List price

$650K

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 (Bay Street Corridor) has been listed for 12 days, which is 48 days fresher than the city average of 60. Act while there is still low competition.

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Listed by CENTURY 21 KENNECT REALTY · KEN YEUNG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $649,900, about 10.4× the local median household income of $62,400.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 103% above the area median.

Median household income: $62,400
Population: 36,319
Median age: 33.2
Owner / renter: 29% / 72%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA M4Y)

$649,900· $1,001/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$293/mo

Condo fee$595/mo

Total monthly$4,269

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$18,946

Est. closing costs$4,450

Total cash needed$63,386

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