$599,900

For sale

#29 80 Carr Street, Toronto (Kensington-Chinatown) - Single Family for Sale

#29 80 Carr Street, Toronto (Kensington-Chinatown), Ontario, M5T1B7

2 beds2 baths0 parking750 ft²$527/mo condo feeListed 41 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $599,900, it is attractively priced about 11% below the $675,000 median asking price in Toronto. It has been on the market 41 days, fresher than the Toronto average of 81 days.

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Description

Welcome to Gardens at Queen Townhomes! This bright and stylish end-unit townhome features 9 foot ceilings, expansive windows, and laminate flooring throughout. The u-shaped kitchen offers granite countertops, full-size stainless steel appliances, and plenty of storage.Both bedrooms are well-proportioned, with the Murphy bed in the second bedroom included in thesale. Two full bathrooms, including an ensuite off the primary. Enjoy the rare luxury of a massive private terrace with built-in gas line, perfect for entertaining and summer BBQs. Also includes 2 storage lockers. Ideally located steps to Queen West, Trinity Bellwoods, Kensington Market, TTC, cafés, restaurants, shopping, and major hospitals. Parking is available for $140/month. Exceptional opportunity for a high rise alternative with low-maintenance. Downtown living with an outstanding private outdoor space! (id:66096)

Property Details

MLS®: C13830438
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $527/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,169/yr
Listed: 41 days ago

Rooms

Main level

Living room: 3.95 x 3.55 meters
Dining room: 2.52 x 2.05 meters
Kitchen: 2.47 x 2.41 meters
Primary Bedroom: 4.31 x 2.32 meters
Bedroom 2: 3.21 x 2.49 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave, Window Coverings
Flooring: Laminate
Exterior: Stucco

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

41d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$800

List price

$600K

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 (Kensington-Chinatown) has been listed for 41 days, which is 40 days fresher than the city average of 81. Act while there is still low competition.

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Listed by BRAD J. LAMB REALTY 2016 INC. · BETH ANNE O'DONOGHUE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $599,900, about 9.7× the local median household income of $61,600.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 90% above the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$599,900· $800/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$264/mo

Condo fee$527/mo

Total monthly$3,923

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$16,946

Est. closing costs$4,300

Total cash needed$56,236

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