$489,800

For sale

#316 33 Lombard Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#316 33 Lombard Street, Toronto (Church-Yonge Corridor), Ontario, M5C3H8

1 bed1 bath0 parking550 ft²$642/mo condo feeListed 20 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $489,800, it is attractively priced about 16% below the $580,000 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 62 days.

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Description

Live at The Spire, one of downtown Toronto's most sought-after addresses and recipient of the City of Toronto Award of Excellence for Architecture and Urban Design. This bright 594 sqft, one-bedroom suite, features an open-concept layout, floor-to-ceiling windows, a Juliet balcony, new flooring throughout (2026), and a tastefully updated bathroom. The modern kitchen is equipped with stainless steel appliances, while the spacious bedroom offers comfortable urban living.Residents enjoy exceptional amenities, including a 24-hour concierge, fitness centre, guest suites, rooftop terrace, and BBQ area. Ideally located near Church and Adelaide, just steps from St. Lawrence Market, the Financial District, renowned restaurants, transit, and the waterfront. Experience the best of downtown living with everything Toronto has to offer at your doorstep. (id:66096)

Property Details

MLS®: C14090840
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $642/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,099.93/yr
Listed: 20 days ago

Rooms

Main level

Living room: 3.84 x 3.05 meters
Kitchen: 4.44 x 2.99 meters
Bedroom: 2.98 x 3.36 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: Vinyl
Exterior: Aluminum siding
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Church-Yonge Corridor) listings, avg age

62d

Price / ft²

$891

List price

$490K

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 20 days, which is 42 days fresher than the city average of 62. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · DAVINDER DEV

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5C)

This home lists at $489,800, about 5.5× the local median household income of $89,000.

Carrying it typically needs a household income of about $95,675 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $89,000
Population: 3,149
Median age: 36.4
Owner / renter: 47% / 53%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5C)

$489,800· $891/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,490

Min 5%50%

Mortgage payment$2,580/mo

↳ CMHC premium ($18,612 capitalized)

Property tax (est.)$258/mo

Condo fee$642/mo

Total monthly$3,480

Cash Needed to Close

Down payment (5%)$24,490

Land transfer tax$12,542

Est. closing costs$3,969

Total cash needed$41,001

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