$450,000

For saleJust listed

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#2605 17 Bathurst Street, Toronto (Waterfront Communities) - Single Family for Sale

#2605 17 Bathurst Street, Toronto (Waterfront Communities), Ontario, M5V0N1

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Investment analysis

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$450,000

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $450,000, it is attractively priced about 29% below the $629,900 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 57 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

The Lakefront Is One Of The Most Luxurious Buildings At Downtown Toronto. This Bright & Well-Appointed 1Br Unit Features A Modern Kitchen & Bath, 9" Ceilings & An Oversized Balcony To Enjoy Stunning West Lake Views! The Building Houses Over 23,000Sf Of High End Amenities. At Is Doorstep Lies The Masterfully Restored 50,000Sf Loblaws Flagship Supermarket & 87,000Sf Of Essential Retail. Steps To Shoppers, The Lake, Restaurants, Transit, Shopping, LCBO, Entertainment, Parks, Schools & More! (id:66096)

Property Details

MLS®: C14150968
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: Garage, Underground
Pool: Yes
Waterfront: Yes
Condo Fee: $395/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,338/yr
Listed: Today

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,804

List price

$450K

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.

Area context

Neighbourhood profile (M5V)

This home lists at $450,000, about 4.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$450,000· $1,804/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$195/mo

Condo fee$395/mo

Total monthly$2,960

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$10,950

Est. closing costs$3,850

Total cash needed$37,300

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

#2605 17 Bathurst Street, Toronto (Waterfront Communities) - Single Family for Sale

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Neighbourhood profile (M5V)

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