$589,000

For sale

#2611 55 Bremner Boulevard, Toronto (Waterfront Communities) - Single Family for Sale

#2611 55 Bremner Boulevard, Toronto (Waterfront Communities), Ontario, M5J0A6

1 bed1 bath0 parking550 ft²$618/mo condo feeListed 44 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $589,000, it is attractively priced about 6% below the $629,900 median asking price in Toronto. It has been on the market 44 days, fresher than the Toronto average of 57 days.

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Description

Prime real estate at landmark Maple Leaf Square (55 Bremner Blvd)! This sun-drenched, open-concept 1-bedroom suite features floor-to-ceiling windows, modern laminate flooring, and an ultra-functional layout with zero wasted space. The modern kitchen comes fully equipped with stone countertops, stainless steel appliances, and sleek cabinetry. Step out onto your private balcony with vibrant urban views. Unbeatable downtown location-enjoy direct, indoor weather-protected access to the PATH network, Longo's supermarket, LCBO, Union Station, Financial Core, and Scotiabank Arena (never step outside in the winter!). Steps to Harbourfront, Lake Ontario, CN Tower, and endless dining. World-class 5-star building amenities include a 24-hour concierge, indoor & outdoor pools, hot tub, state-of-the-art fitness center, party room, guest suites, and sky lounge. An exceptional turn-key asset for first-time buyers, end-users, or savvy investors seeking high rental yield in Toronto's most coveted pocket! (id:66096)

Property Details

MLS®: C13819486
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $618/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,823.71/yr
Listed: 44 days ago

Rooms

Other

Bedroom
Living room
Dining room
Kitchen
Study

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, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,072

List price

$589K

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 (Waterfront Communities) has been listed for 44 days, which is 13 days fresher than the city average of 57. Act while there is still low competition.

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Listed by CONDOWONG REAL ESTATE INC. · CARL CHEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5J)

This home lists at $589,000, about 6.3× the local median household income of $94,000.

Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $94,000
Population: 16,879
Median age: 33.6
Owner / renter: 43% / 57%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5J)

$589,000· $1,072/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,900

Min 5.76%50%

Mortgage payment$3,078/mo

↳ CMHC premium ($22,204 capitalized)

Property tax (est.)$235/mo

Condo fee$618/mo

Total monthly$3,931

Cash Needed to Close

Down payment (5.76%)$33,900

Land transfer tax$16,510

Est. closing costs$4,267

Total cash needed$54,677

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