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$549,000
Toronto
#2701 88 Queen Street East, Toronto (Church-Yonge Corridor), Ontario, M5C0B6
This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $549,000, it is attractively priced about 7% below the $588,000 median asking price in Toronto. It has been on the market 15 days, fresher than the Toronto average of 63 days.
Welcome to 88 Queen Condos, offering this one-bed + den, 676sf + 99sf balcony, two-bath in this one new unit with practical layout in an exceptional location at Church and Queen in the heart of downtown Toronto. Residents enjoy world-class amenities including an outdoor infinity pool with cabanas, fitness centre, guest suites, indoor lounge and dining room, movie theatre, co-working space, conservatory, aerial yoga area, jacuzzi tub, fully equipped kitchen and party room, and an outdoor terrace with fireplace and BBQs. Unbeatable convenience with a 7-minute walk to the Financial District, a 3-minute walk to the TTC, and walking distance to Toronto Metropolitan University, George Brown College, University of Toronto, St. Michael's Hospital, CF Toronto Eaton Centre, and Union Station. Rogers high-speed internet included. Parking and Locker are available at an additional cost. Property Taxes still to be assessed. (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.
Active: 15 days on market, against an average age of 63 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 (Church-Yonge Corridor) has been listed for 15 days, which is 48 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $549,000, about 6.2× the local median household income of $89,000.
Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5C)
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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