$460,000

For sale

#2507 89 Mcgill Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#2507 89 Mcgill Street, Toronto (Church-Yonge Corridor), Ontario, M5B0B1

1 bed1 bath0 parking250 ft²$423/mo condo feeListed 39 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $460,000, it is attractively priced about 22% below the $588,000 median asking price in Toronto. It has been on the market 39 days, fresher than the Toronto average of 63 days.

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Description

Chic, modern Tridel built condo suite in the heart of Downtown Toronto! Featuring ***CLEAR CITY VIEWS ***east light ***9 foot high ceilings ***modern kitchen with STONE COUNTERS and STAINLESS STEEL APPLIANCES ***spacious, light filled living room with FLOOR-TO-CEILING WINDOWS and balcony walk out ***NEW (2026) VINYL FLOORING throughout ***FRESHLY PAINTED. 96 walk score and 98 transit score! Minutes to Allan Gardens, Ryerson/Toronto Metropolitan University, TTC Subway Station, Toronto General Hospital, Dundas Square, Eaton Centre, Cafes & Shops. Enjoy state of the art amenities such as a ROOFTOP PATIO AND POOL, gym, yoga studio, theatre, party room and sauna. (id:66096)

Property Details

MLS®: C13835300
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: No Garage
Pool: Yes
Condo Fee: $423/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,163.82/yr
Listed: 39 days ago

Rooms

Flat

Living room: 4.67 x 3.23 meters
Dining room: 4.67 x 3.23 meters
Kitchen: 3.23 x 2 meters
Primary Bedroom: 2.62 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, Oven, Dryer, Microwave, Cooktop, Oven - Built-In
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

39d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$1,844

List price

$460K

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 (Church-Yonge Corridor) has been listed for 39 days, which is 24 days fresher than the city average of 63. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · LAI PHU TIEU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $460,000, about 7.9× the local median household income of $58,000.

Carrying it typically needs a household income of about $89,854 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.

Median household income: $58,000
Population: 17,422
Median age: 31.4
Owner / renter: 28% / 72%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5B)

$460,000· $1,844/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,000

Min 5%50%

Mortgage payment$2,423/mo

↳ CMHC premium ($17,480 capitalized)

Property tax (est.)$180/mo

Condo fee$423/mo

Total monthly$3,026

Cash Needed to Close

Down payment (5%)$23,000

Land transfer tax$11,350

Est. closing costs$3,880

Total cash needed$38,230

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