$499,900

For sale

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#2811 55 Bremner Boulevard, Toronto (Waterfront Communities) - Single Family for Sale

#2811 55 Bremner Boulevard, Toronto (Waterfront Communities), Ontario, M5J0A6

1 bed1 bath0 parking ft²

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Investment analysis

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$499,900

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $499,900, it is attractively priced about 21% below the $629,900 median asking price in Toronto. It has been on the market 18 days, fresher than the Toronto average of 57 days.

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

Description

Fantastic Opportunity At Maple Leaf Square. The Indiana Model Is Arguably The Most Functional Floorplan In The Building. Over 550 Sq Ft Facing West. Large Balcony, Over 10 feet Ceiling and Laminate Flooring throughout, Modern Kitchen w/Granite Countertops, Stainless Steel Appliances, High Ceilings Give Lots Of Natural Sunlight With Views Of The Lake And The Cn Tower. Incredible Amenities, Perfect Location.100 Walk Score. Easy Access To All Of Downtown Via Path System. Restaurants, Coffee Shops, Bars, Transit. In The Heart Of Everything Downtown Has To Offer. ** Please Note That Photos used in the MLS are OLD. (id:66096)

Property Details

MLS®: C14093462
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: No Garage
Pool: Yes
Waterfront: Yes
Condo Fee: $618/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,823.8/yr
Listed: 18 days ago

Market Timing

Days on market

18d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$910

List price

$500K

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 (M5J)

This home lists at $499,900, about 5.3× the local median household income of $94,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 4% 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)

$499,900· $910/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$235/mo

Condo fee$618/mo

Total monthly$3,486

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

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

#2811 55 Bremner Boulevard, Toronto (Waterfront Communities) - Single Family for Sale

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