$588,800

$609,000For salePrice drop↓ $20,200 (3%)

#3102 20 Richardson Street, Toronto (Waterfront Communities) - Single Family for Sale

#3102 20 Richardson Street, Toronto (Waterfront Communities), Ontario, M5A0S6

2 beds2 baths1 parking550 ft²$653/mo condo feeListed 32 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $588,800, it is attractively priced about 7% below the $629,900 median asking price in Toronto. It has been on the market 32 days, fresher than the Toronto average of 57 days.

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Description

Rare Find! Unobstructed Lake Views From This Beautiful 1+1 Bedroom Suite With Parking In The Heart Of Downtown Toronto. Bright & Functional Layout Featuring 1.5 Baths, 9-Ft Ceilings And Contemporary Finishes Throughout. Laminate Flooring, Quartz Countertops & Island, Plus Premium Miele Appliances. Well-maintained with fresh paint throughout. Steps To TTC, Loblaws, St. Lawrence Market, Sugar Beach, George Brown College, Universite De L'Ontario Francais And OCAD. Easy Access To The Gardiner Expressway. Enjoy Exceptional Building Amenities Including A Fitness Centre, Yoga Studio, Jam Studio, Arts & Crafts Studio And Garden. All photos were taken while the unit was vacant. Some images have been virtually staged; all furniture and décor shown were digitally added for illustrative purposes only. (id:66096)

Property Details

MLS®: C13860164
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $653/mo
Fee Includes: Water, Parking
Ownership: Condo/Strata
Property Tax: $3,238/yr
Listed

Rooms

Main level

Living room: 3.41 x 2.5 meters
Dining room: 3.41 x 2.5 meters
Kitchen: 3.96 x 3.04 meters
Bedroom: 3.08 x 2.47 meters
Den: 2.04 x 1.34 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, Window Coverings
Flooring: Laminate
Exterior: Steel, Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

32d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,072

List price

$589K

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 (Waterfront Communities) has been listed for 32 days, which is 25 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX ABOUTOWNE REALTY CORP. · JENNY JI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $588,800, about 8.3× the local median household income of $71,000.

Carrying it typically needs a household income of about $115,013 (20% down, 25-yr amortization, stress-tested) — roughly 62% 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)

$588,800· $1,072/ft²

For sale

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Full Cost Breakdown

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Down Payment5.75% · $33,880

Min 5.75%50%

Mortgage payment$3,077/mo

↳ CMHC premium ($22,197 capitalized)

Property tax (est.)$270/mo

Condo fee$653/mo

Total monthly$3,999

Cash Needed to Close

Down payment (5.75%)$33,880

Land transfer tax$16,502

Est. closing costs$4,266

Total cash needed$54,648

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