$988,000

For sale

#2603 231 Fort York Boulevard, Toronto (Niagara) - Single Family for Sale

#2603 231 Fort York Boulevard, Toronto (Niagara), Ontario, M5V1B2

3 beds2 baths1 parking950 ft²$951/mo condo feeListed 19 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 19 days, fresher than the Toronto average of 49 days.

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Description

Wake up to breathtaking panoramic lake views in this light-filled 2-bedroom + den, 2-bath suite where the lake is the backdrop to everyday living.Wrap-around floor-to-ceiling windows frame spectacular water views from the living areas and beyond, with 9-ft ceilings amplifying the bright, airy feel. Morning light over the lake, sailboats by day, sparkling skyline reflections at night - it's all part of the home.The desirable layout offers a modern kitchen, primary bedroom with large closet, 4-pc ensuite and views to wake up to, spacious second bedroom, den, and private balcony made for lake gazing. 1 parking + 1 locker included.Resort-style building with pool, rooftop terrace, gym, sauna, and 24-hr concierge, steps to Queens Quay, Financial District, shopping, TTC, DVP and Gardiner. Walking distance to Budweiser Stage, BMO Field, Exhibition Place, The Bentway, with King & Queen West and Liberty Village nearby. (id:66096)

Property Details

MLS®: C14087604
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $951/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,627/yr
Listed: 19 days ago

Rooms

Main level

Living room: 4.98 x 4.87 meters
Dining room: 4.98 x 4.87 meters
Kitchen: 2.44 x 2.31 meters
Eating area: 2.44 x 2.31 meters
Primary Bedroom: 3.34 x 3.05 meters
Bedroom 2: 3.13 x 2.73 meters
Den: 2.13 x 2.73 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Window Coverings
Flooring: Laminate, Ceramic
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Toronto (Niagara) listings, avg age

49d

Price / ft²

$1,041

List price

$988K

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 3-bed single family in Toronto (Niagara) has been listed for 19 days, which is 30 days fresher than the city average of 49. Act while there is still low competition.

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Listed by SMART SOLD REALTY · MOE MAROUFI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $988,000, about 10.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $192,991 (20% down, 25-yr amortization, stress-tested) — roughly 112% 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)

$988,000· $1,041/ft²

For sale

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Full Cost Breakdown

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Down Payment7.47% · $73,800

Min 7.47%50%

Mortgage payment$5,068/mo

↳ CMHC premium ($36,568 capitalized)

Property tax (est.)$302/mo

Condo fee$951/mo

Total monthly$6,321

Cash Needed to Close

Down payment (7.47%)$73,800

Land transfer tax$32,470

Est. closing costs$5,464

Total cash needed$111,734

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