$499,000

For sale

#2610 10 Yonge Street, Toronto (Waterfront Communities) - Single Family for Sale

#2610 10 Yonge Street, Toronto (Waterfront Communities), Ontario, M5E1R4

2 beds1 bath0 parking650 ft²$721/mo condo feeListed 99 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $499,000, it is attractively priced about 21% below the $629,900 median asking price in Toronto.

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Description

Welcome to The Residences, where waterfront living meets the energy of downtown Toronto. Perfectly positioned along the city's vibrant waterfront, this sought-after building offers the best of both worlds: tranquil lakefront views and immediate access to the heart of the downtown core. With exceptional transit at your doorstep. Stroll south to the Toronto Island ferry in just minutes, or head north and reach Union Station by simply crossing the street. Inside, you're immediately greeted by breathtaking lake views and an abundance of natural light streaming through floor-to-ceiling south-facing windows. Tastefully renovated, kitchen is beautifully appointed with stainless steel appliances and breakfast bar, offering the perfect space for home chefs and entertainers alike. The spacious, open-concept living and dining area is designed for both everyday comfort and effortless entertaining. Stunning lake views. Whether you're enjoying your morning coffee or hosting friends! Experience the perfect blend of modern comfort, unbeatable convenience, and spectacular waterfront living. (id:66096)

Property Details

MLS®: C13620742
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $721/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,202.19/yr
Listed: 99 days ago

Rooms

Flat

Kitchen
Dining room
Living room
Den

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

Features

Appliances: Window Coverings
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

99d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$768

List price

$499K

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 (Waterfront Communities) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $499,000, about 5.1× the local median household income of $98,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $98,000
Population: 11,779
Median age: 34.4
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5E)

$499,000· $768/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$184/mo

Condo fee$721/mo

Total monthly$3,533

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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