$389,900

For sale

#304 220 George Street, Toronto (Moss Park) - Single Family for Sale

#304 220 George Street, Toronto (Moss Park), Ontario, M5A2N1

1 bed1 bath0 parking650 ft²$608/mo condo feeListed 29 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $389,900, it is attractively priced about 32% below the $574,900 median asking price in Toronto. It has been on the market 29 days, fresher than the Toronto average of 61 days.

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Description

Welcome to O2 Maisonettes! Sleek And Modern 650 SF One Bedroom Condo Located in the heart of Downtown Toronto! Spacious Open Concept Living/Dining area, elegant modern kitchen, wood floors throughout, generous closet in bedroom. Ideal for first-time buyers or savvy investors looking for a prime location. This Beautiful Modern Condo Building Includes Many Amenities: Concierge, Exercise Room Equipped With Professional Gym Equipment, Courtyard w/Bbq and Garden area. Just Minutes Walk To Eaton's Center, Yonge/Dundas Square, Saint Michael's Hospital, Financial District, St. Lawrence Market, Massy Hall, Theaters, Live Shows, Restaurants, Subway & TTC, Metropolitan University, and More! Don't miss it! (id:66096)

Property Details

MLS®: C13868648
Property Type: Single Family
Zoning: Residential Condo
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $608/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,023/yr
Listed: 29 days ago

Rooms

Main level

Living room: 4.87 x 4.87 meters
Dining room: 4.87 x 4 meters
Kitchen: 3.05 x 1.52 meters
Bathroom: 2.13 x 1.83 meters
Primary Bedroom: 3.35 x 2.44 meters
Foyer: 2.13 x 2.13 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
Flooring: Tile, Hardwood
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$600

List price

$390K

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 29 days, which is 32 days fresher than the city average of 61. Act while there is still low competition.

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Listed by SUTTON GROUP-ADMIRAL REALTY INC. · MARINA YUSUFOV

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $389,900, about 5.5× the local median household income of $71,000.

Carrying it typically needs a household income of about $76,161 (20% down, 25-yr amortization, stress-tested) — roughly 7% 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)

$389,900· $600/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,495

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,816 capitalized)

Property tax (est.)$252/mo

Condo fee$608/mo

Total monthly$2,914

Cash Needed to Close

Down payment (5%)$19,495

Land transfer tax$8,647

Est. closing costs$3,670

Total cash needed$31,812

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