$670,787

For sale

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#314 15 Richardson Street, Toronto (Waterfront Communities) - Single Family for Sale

#314 15 Richardson Street, Toronto (Waterfront Communities), Ontario, M5A0Y5

3 beds2 baths1 parking850 ft²$545/mo condo feeListed 63 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space.

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Description

Welcome to Quay House by Empire Homes in the heart of downtown Toronto, right on the shores of Lake Ontario. This brand new condo features an open-concept layout with floor-to-ceiling windows, a modern kitchen with built-in appliances, and a spacious living area. Residents enjoy premium amenities, including 24-hour concierge, fitness centre, study lounge, co-working space, party room, catering kitchen, indoor lounge and dining area, rooftop terrace with BBQ, gated pet area and complimentary bike storage. Just steps from Sugar Beach, the Distillery District, St. Lawrence Market, Scotiabank Arena, and Union Station. *Net of HST Price* Potential Government Rebate Applicable (subject to buyer eligibility). (id:66096)

Property Details

MLS®: C13747046
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $545/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Listed: 63 days ago

Features

Exterior: Aluminum siding
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

63d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$790

List price

$671K

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 3-bed single family in Toronto (Waterfront Communities) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by TFN REALTY INC. · R.J. BOKSH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $670,787, about 9.4× the local median household income of $71,000.

Carrying it typically needs a household income of about $131,028 (20% down, 25-yr amortization, stress-tested) — roughly 85% 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)

$670,787· $790/ft²

For sale

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Full Cost Breakdown

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Down Payment6.27% · $42,078.70

Min 6.27%50%

Mortgage payment$3,486/mo

↳ CMHC premium ($25,148 capitalized)

Est. property tax$0/mo

Condo fee$545/mo

Total monthly$4,030

Cash Needed to Close

Down payment (6.27%)$42,079

Land transfer tax$19,781

Est. closing costs$4,512

Total cash needed$66,372

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#314 15 Richardson Street, Toronto (Waterfront Communities) - Single Family for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5A)

Book a showing

Full Cost Breakdown