$599,000

For saleJust listed

#319 5 Hanna Avenue, Toronto (Niagara) - Single Family for Sale

#319 5 Hanna Avenue, Toronto (Niagara), Ontario, M6K0B3

1 bed2 baths1 parking650 ft²$550/mo condo feeListed Today

Overview

This 1-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $599,000 asking price sits right in line with the $619,000 median in Toronto. It has been on the market 0 days, fresher than the Toronto average of 47 days.

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Description

Discover the appeal of loft living at the sought-after Liberty Market Lofts, ideally situated in the heart of Toronto's vibrant Liberty Village. Offering 665 sq. ft. of thoughtfully designed two-level living space, this stylish residence features the character and charm that set lofts apart from conventional condominiums. With loft-style residences relatively rare in today's condo market, this is an ideal choice for buyers looking for a unique and distinctive urban living experience.The upper-level bedroom features newly installed flooring, while the unit also comes with the added benefit of one parking space.Enjoy exceptional connectivity with the GO Train station just steps away, as well as easy access to TTC, trendy cafés, restaurants, boutique shops, parks, and everyday essentials. Major highways and downtown Toronto are also within easy reach.A wonderful opportunity to own a sought-after loft in one of Toronto's most dynamic urban neighbourhoods! (id:66096)

Property Details

MLS®: C14152886
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $550/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,030.88/yr
Listed: Today

Features

Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Niagara) listings, avg age

47d

Price / ft²

$922

List price

$599K

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 (Niagara) has been listed for 0 days, which is 47 days fresher than the city average of 47. Act while there is still low competition.

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Listed by RE/MAX METROPOLIS REALTY · HAU LIM CHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6K)

This home lists at $599,000, about 8.3× the local median household income of $72,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 63% above the area median.

Median household income: $72,000
Population: 42,110
Median age: 35.6
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M6K)

$599,000· $922/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$253/mo

Condo fee$550/mo

Total monthly$3,930

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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