$730,000

For sale

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1 bd1 ba1 pk650 ft²+$731/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

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For saleJust listed

Today

$600K

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1 bd1 ba1 pk650 ft²+$689/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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For saleJust listed

Today

$868K

#2712 70 Queens Wharf Road, Toronto (Waterfront Communities), Ontario, M5V0J2

3 bd2 ba1 pk1,100 ft²+$1055/mo

Listed by CENTURY 21 LEADING EDGE REALTY INC.

#PH 3709 361 Front Street West, Toronto (Waterfront Communities), Ontario, M5V3R5

For saleJust listed

Today

$929K

#PH 3709 361 Front Street West, Toronto (Waterfront Communities), Ontario, M5V3R5

3 bd2 ba1 pk950 ft²+$1108/mo

Listed by COLDWELL BANKER - R.M.R Real Estate

Investment analysis

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$730,000

Toronto

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#3215 55 Mercer Street, Toronto (Waterfront Communities) - Single Family for Sale

#3215 55 Mercer Street, Toronto (Waterfront Communities), Ontario, M5V3W2

2 beds2 baths0 parking$510/mo condo feeListed 185 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome to the Brand New 55 Mercer Condo located in the heart of the entertainment district in Downtown Toronto. Facing West withunobstructed views of the CN TOWER and ROGERS CENTRE includes 1 plus 1 bedrooms, 2 FULL bathrooms located on the 32nd Floor with 9-ftceiling and large windows in every room. Locker Included. Modern open concept kitchen completed with B/I appliances and ensuite washer/dryer. Amenities include luxury lobby furnished by Fendi, 24-hour concierge, private dining room, outdoor lounge w/BBQ and fire pit, dog walk,and a fantastic fitness centre completed with private Peloton pods, cross-training & cardio zones, yoga studio, sauna, outdoor basketball court,and many more. Walking distance to the city's finest entertainment & dining experiences - steps to CN Tower, Rogers Centre, Tiff Lightbox, TTC,Financial district ,PATH, shops and restaurants. (id:66096)

Property Details

MLS®: C13086612
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 0
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $510/mo
Ownership: Condo/Strata
Property Tax: $3,784/yr
Listed: 185 days ago

Rooms

Flat

Great room
Den: 10 x 7 meters
Bedroom: 9 x 10 meters
Kitchen: 9 x 30 meters

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

Features

Exterior: Concrete, Brick
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

185d

Toronto (Waterfront Communities) listings, avg age

57d

List price

$730K

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) 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 FIRST CLASS REALTY INC. · MEHEK RAUF

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $730,000, about 8.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $142,595 (20% down, 25-yr amortization, stress-tested) — roughly 57% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$730,000

For sale

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Full Cost Breakdown

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Down Payment6.58% · $48,000.00

Min 6.58%50%

Mortgage payment$3,781/mo

↳ CMHC premium ($27,280 capitalized)

Property tax (est.)$315/mo

Condo fee$510/mo

Total monthly$4,606

Cash Needed to Close

Down payment (6.58%)$48,000

Land transfer tax$22,150

Est. closing costs$4,690

Total cash needed$74,840

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice