$768,000

For sale

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#3004 50 East Wellesley Street East, Toronto (Church-Yonge Corridor) - Single Family for Sale

#3004 50 East Wellesley Street East, Toronto (Church-Yonge Corridor), Ontario, M4Y1G2

2 beds2 baths1 parking

#1410 28 Ted Rogers Way, Toronto (Church-Yonge Corridor), Ontario, M4Y2J4

1 bd1 ba550 ft²+$519/mo

Listed by REAL ESTATE HOMEWARD

#1705 60 Colborne Street, Toronto (Church-Yonge Corridor), Ontario, M5E0B7

For saleJust listed

Today

$1.15M

#1705 60 Colborne Street, Toronto (Church-Yonge Corridor), Ontario, M5E0B7

2 bd2 ba1 pk1,100 ft²+$1144/mo

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

#1603 71 Charles Street East, Toronto (Church-Yonge Corridor), Ontario, M4Y2T3

For saleJust listed

Yesterday

$1.43M

#1603 71 Charles Street East, Toronto (Church-Yonge Corridor), Ontario, M4Y2T3

3 bd3 ba2 pk2,875 ft²+$2944/mo

Listed by SAGE REAL ESTATE LIMITED

#706 285 Mutual Street, Toronto (Church-Yonge Corridor), Ontario, M4Y3C5

For saleJust listed

Yesterday

$450K

#706 285 Mutual Street, Toronto (Church-Yonge Corridor), Ontario, M4Y3C5

1 bd1 ba550 ft²+$624/mo

Listed by SAGE REAL ESTATE LIMITED

Investment analysis

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$768,000

Toronto

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$642/mo condo fee

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 56 days, fresher than the Toronto average of 63 days.

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

Description

Located in the heart of downtown Toronto, just steps from Wellesley Subway Station, TTC, shopping, dining, and within walking distance of the University of Toronto. This bright, newly painted corner suite features 2 split bedrooms, 2 full bathrooms, an open-concept modern kitchen, and a spacious wraparound balcony with unobstructed city view. Includes one parking space and one locker. A fantastic opportunity to enjoy convenient urban living in a prime location. (id:66096)

Property Details

MLS®: C13768980
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $642/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $4,304.61/yr
Listed: 56 days ago

Rooms

Flat

Living room: 5.18 x 3.56 meters
Kitchen: 5.18 x 3.56 meters
Dining room: 5.18 x 3.56 meters
Primary Bedroom: 3.45 x 2.82 meters
Bedroom: 3.45 x 2.74 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, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$1,025

List price

$768K

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 (Church-Yonge Corridor) has been listed for 56 days, which is 7 days fresher than the city average of 63. Act while there is still low competition.

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Listed by BAY STREET GROUP INC. · CHARLES CHU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $768,000, about 12.3× the local median household income of $62,400.

Carrying it typically needs a household income of about $150,017 (20% down, 25-yr amortization, stress-tested) — roughly 140% above the area median.

Median household income: $62,400
Population: 36,319
Median age: 33.2
Owner / renter: 29% / 72%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA M4Y)

$768,000· $1,025/ft²

For sale

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Full Cost Breakdown

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Down Payment6.74% · $51,800

Min 6.74%50%

Mortgage payment$3,971/mo

↳ CMHC premium ($28,648 capitalized)

Property tax (est.)$359/mo

Condo fee$642/mo

Total monthly$4,972

Cash Needed to Close

Down payment (6.74%)$51,800

Land transfer tax$23,670

Est. closing costs$4,804

Total cash needed$80,274

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