$399,999

$429,999For salePrice drop↓ $30,000 (7%)

#301 70 Alexander Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#301 70 Alexander Street, Toronto (Church-Yonge Corridor), Ontario, M4Y3B6

1 bed1 bath0 parking550 ft²$830/mo condo feeListed 26 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $399,999, it is attractively priced about 33% below the $595,000 median asking price in Toronto. It has been on the market 26 days, fresher than the Toronto average of 63 days.

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Description

Welcome To The Alexus, A Boutique Condominium In The Heart Of Toronto's Vibrant Church-Wellesley Village! This Beautifully Renovated 1-Bedroom, 1-Bathroom Suite Offers A Stylish And Functional Living space. Featuring A Freshly Renovated Interior, BRAND NEW Stainless Steel Appliances and A Modern Kitchen With Elegant Granite Countertop. All Window Coverings-BRAND NEW. Bright & Inviting Living Space With A Functional Layout, Perfect For Comfortable Everyday Living Or Entertaining. Enjoy The Convenience Of A Well-Maintained Boutique Building With Concierge, Security, Rooftop Terrace, Party/Meeting Room, Guest Suite. Unbeatable Downtown Location Just Steps To Church Street, Restaurants, Cafes, Shopping, Groceries And TTC, With Wellesley And College Subway Stations Close By. Minutes To Toronto Metropolitan University, University of Toronto, Major Hospitals, The Financial District And Everything Downtown Toronto Has To Offer. A Fantastic Opportunity For First-Time Buyers, Professionals Or Investors Looking For A Turnkey Home In One Of Toronto's Most Convenient And Walkable Neighbourhoods! (id:66096)

Property Details

MLS®: C13882956
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $830/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,337.67/yr
Listed: 26 days ago

Rooms

Main level

Living room: 3.4 x 3.04 meters
Kitchen: 3.04 x 2.31 meters
Primary Bedroom: 3.37 x 2.89 meters

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

Features

Appliances: Intercom, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$728

List price

$400K

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 (Church-Yonge Corridor) has been listed for 26 days, which is 37 days fresher than the city average of 63. Act while there is still low competition.

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Listed by SPECTRUM REALTY SERVICES INC. · ZARA LADAK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $399,999, about 6.4× the local median household income of $62,400.

Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — roughly 25% 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)

$399,999· $728/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,999.95

Min 5%50%

Mortgage payment$2,107/mo

↳ CMHC premium ($15,200 capitalized)

Property tax (est.)$195/mo

Condo fee$830/mo

Total monthly$3,132

Cash Needed to Close

Down payment (5%)$20,000

Land transfer tax$8,950

Est. closing costs$3,700

Total cash needed$32,650

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