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$899,000

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#305 1941 Queen Street East, Toronto (The Beaches) - Single Family for Sale

#305 1941 Queen Street East, Toronto (The Beaches), Ontario, M4L1H7

1 bed2 baths1 parking1,100 ft²$1,018/mo condo feeListed Yesterday

Overview

This 1-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Its $899,000 asking price sits right in line with the $899,000 median in Toronto. It has been on the market 1 day, fresher than the Toronto average of 48 days.

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Description

Looking for a place to call home that just feels right? A space unlike any other you've toured? Welcome to Suite 305 in the Kew Beach Condos - an exclusive community of on 12 suites nestled in the heart of the Beach with shops & restaurants at your doorstep. Quietly tucked away on the South side of the building, this residence is flooded with natural light and the double height dining room ceiling adds a whole other dimension of space! Cozy up to the gas fireplace in the living room, entertain friends for dinner with the exposed brick wall and step out onto the main floor balcony to take in some sun! The kitchen is beautifully updated with quartz counters with undermount sink, stainless appliances and under cabinet lighting. Conveniently located main floor powder room tucked privately away from the living space. The upstairs loft is what dreams are made of! A large primary bedroom with second South facing balcony, the loft feel with a knee wall overlooking downstairs, laundry steps from your bedroom and a spacious 4pc ensuite. Enjoy this one-of-a-kind space in the heart of the Beach with a sunny Southern exposure tucked away from it all. All this with parking & locker! (id:66096)

Property Details

MLS®: E14154422
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $1,018/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,884/yr

Rooms

Main level

Kitchen: 3.05 x 2.36 meters
Dining room: 3.33 x 3.89 meters
Living room: 3.77 x 4.08 meters

Second level

Primary Bedroom: 7.73 x 3.54 meters

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

Features

Flooring: Tile
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (The Beaches) listings, avg age

48d

Price / ft²

$818

List price

$899K

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 (The Beaches) has been listed for 1 day, which is 47 days fresher than the city average of 48. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · GEOFFREY PATRICK GRACE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4L)

This home lists at $899,000, about 8.9× the local median household income of $101,000.

Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 74% above the area median.

Median household income: $101,000
Population: 32,218
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4L)

$899,000· $818/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,900.00

Min 7.22%50%

Mortgage payment$4,624/mo

↳ CMHC premium ($33,364 capitalized)

Property tax (est.)$324/mo

Condo fee$1,018/mo

Total monthly$5,966

Cash Needed to Close

Down payment (7.22%)$64,900

Land transfer tax$28,910

Est. closing costs$5,197

Total cash needed$99,007

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Open house

#305 1941 Queen Street East, Toronto (The Beaches) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M4L)

Book a showing

Full Cost Breakdown