$489,900

For saleJust listed

#2706 284 King Street East, Toronto (Moss Park) - Single Family for Sale

#2706 284 King Street East, Toronto (Moss Park), Ontario, M5A1K4

1 bed1 bath0 parking250 ft²$325/mo condo feeListed Today

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $489,900, it is attractively priced about 15% below the $574,900 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 61 days.

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Description

Welcome to Bauhaus! Never lived-in, brand new One Bedroom floor plan, this suite is perfect! Stylish and modern finishes throughout this suite will not disappoint! 9 ceilings, floor-to-ceiling windows, exposed concrete feature walls and ceiling, stainless steel appliances and much more! The location is unbeatable. Situated in the heart of downtown, you're steps from the King streetcar, St. Lawrence Market, and the Distillery District. Enjoy easy access to Toronto's Financial District, vibrant nightlife, acclaimed restaurants, cafes, and everyday conveniences. Experience the best of urban living with everything you need right outside your door. Taxes have not yet been assessed. Move in today and enjoy the energy of downtown Toronto! (id:66096)

Property Details

MLS®: C14158404
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $325/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Listed: Today

Rooms

Flat

Living room: 4.9 x 2.97 meters
Dining room: 4.9 x 2.97 meters
Kitchen: 4.9 x 2.97 meters
Bedroom: 2.81 x 3.37 meters

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

Features

Appliances: Washer, Refrigerator, Oven, Dryer, Microwave, Cooktop
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$1,964

List price

$490K

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 (Moss Park) has been listed for 0 days, which is 61 days fresher than the city average of 61. Act while there is still low competition.

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Listed by BRAD J. LAMB REALTY 2016 INC. · BRAD JOHN LAMB

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $489,900, about 6.9× the local median household income of $71,000.

Carrying it typically needs a household income of about $95,695 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$489,900· $1,964/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,495

Min 5%50%

Mortgage payment$2,580/mo

↳ CMHC premium ($18,616 capitalized)

Est. property tax$0/mo

Condo fee$325/mo

Total monthly$2,905

Cash Needed to Close

Down payment (5%)$24,495

Land transfer tax$12,546

Est. closing costs$3,970

Total cash needed$41,011

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