$574,900

For saleJust listed

#233 121 Lower Sherbourne Street South, Toronto (Moss Park) - Single Family for Sale

#233 121 Lower Sherbourne Street South, Toronto (Moss Park), Ontario, M5A1E7

2 beds2 baths0 parking650 ft²$573/mo condo feeListed 3 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $574,900 asking price sits right in line with the $574,900 median in Toronto. It has been on the market 3 days, fresher than the Toronto average of 61 days.

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Description

Welcome to Time & Space Condos, Urban living in Toronto's St Lawrence & Distillery waterfront community, this 675 sqft 2-bedroom & 2-bath unit has premium laminate flooring & 9ft ceilings throughout. Kitchen includes upgraded quartz countertops w/built-in stainless steel Whirlpool appliances. Equipped with Cyber suite security system, large balcony & plenty of building amenities (Concierge, party, games & media room, yoga studio, gym, pool & outdoor patio). Just Moments from the Entertainment and Financial Districts, Distillery District, St Lawrence Market, Sugar Beach, Parliament Square, Princess St Park, 14 min walk to Union Station, easy access to downtown shopping, grocery, dining & entertainment. Maintenance Fee includes Water, Heating, and Internet. (id:66096)

Property Details

MLS®: C14136792
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, Electric, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $573/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $3,050.62/yr
Listed: 3 days ago

Rooms

Main level

Living room: 3.83 x 2.72 meters
Kitchen: 3.25 x 2.41 meters
Bedroom: 2.52 x 2.74 meters

Flat

Bedroom 2: 3.3 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

Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$885

List price

$575K

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 (Moss Park) has been listed for 3 days, which is 58 days fresher than the city average of 61. Act while there is still low competition.

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Listed by KING REALTY INC. · WARREN IFILL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $574,900, about 8.1× the local median household income of $71,000.

Carrying it typically needs a household income of about $112,298 (20% down, 25-yr amortization, stress-tested) — roughly 58% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$574,900· $885/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,490.00

Min 5.65%50%

Mortgage payment$3,007/mo

↳ CMHC premium ($21,696 capitalized)

Property tax (est.)$254/mo

Condo fee$573/mo

Total monthly$3,835

Cash Needed to Close

Down payment (5.65%)$32,490

Land transfer tax$15,946

Est. closing costs$4,225

Total cash needed$52,661

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