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$569,000
Toronto
#2509 390 Cherry Street, Toronto (Waterfront Communities), Ontario, M5A0E2
This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $569,000, it is attractively priced about 10% below the $629,900 median asking price in Toronto. It has been on the market 46 days, fresher than the Toronto average of 57 days.
Welcome to this bright and beautifully maintained one-bedroom plus large den (644 sqf) with a door at the Gooderham Building in Toronto's sought-after Distillery District. (The unit has no parking, but there is one for sale in the building at the moment.) Enjoy stunning south-facing lake views, abundant natural light, and an extra-large full-width balcony-perfect for relaxing or entertaining. The den has a door and can be used as a second bedroom, home office, or guest room. Features include engineered wood flooring, extra built-in storage, neutral finishes, solar blinds, stainless steel appliances, and immaculate move-in condition. Enjoy 5-star amenities in a well-managed building, including a salt-water pool, sauna, gym, yoga room, party room with catering kitchen, guest suites, and 24-hour concierge. Electric BBQs are permitted. Live in the heart of the Distillery District, with cafés, restaurants, boutiques, galleries, shops, art, entertainment, and historic cobblestone streets right outside your door. *For Additional Property Details Click The Brochure Icon Below* (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 46 days on market, against an average age of 57 days across the listings currently for sale in this city
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.
This 2-bed single family in Toronto (Waterfront Communities) has been listed for 46 days, which is 11 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $569,000, about 8.0× the local median household income of $71,000.
Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 57% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice