$609,999

For sale

#3311 20 Richardson Street, Toronto (Waterfront Communities) - Single Family for Sale

#3311 20 Richardson Street, Toronto (Waterfront Communities), Ontario, M5A0S6

2 beds1 bath1 parking550 ft²$653/mo condo feeListed 28 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Its $609,999 asking price sits right in line with the $629,900 median in Toronto. It has been on the market 28 days, fresher than the Toronto average of 57 days.

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Description

Stunning 1+Den suite with east exposure in the prestigious Lighthouse East Tower by Daniels. This bright and spacious unit features 9-ft ceilings, floor-to-ceiling windows, laminate flooring throughout, and beautiful lake and city views. The modern kitchen offers luxurious finishes, built-in appliances, ample cabinetry, and a centre island, perfect for everyday dining and entertaining. The separate den is ideal for a home office or study area. Enjoy a private balcony and an exceptional waterfront lifestyle just steps from the lake, Sugar Beach, TTC, Loblaws, St. Lawrence Market, George Brown College, and scenic waterfront trails, with easy access to the Gardiner Expressway. Includes fridge, cooktop, oven, dishwasher, microwave, stacked washer and dryer, all existing light fixtures, one parking space, and one locker. (id:66096)

Property Details

MLS®: C13881208
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 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: Common Area Maintenance, Heat, Parking
Ownership: Condo/Strata
Property Tax: $3,721.35/yr
Listed: 28 days ago

Rooms

Ground level

Kitchen: 3.63 x 3.17 meters
Living room: 3.63 x 3.17 meters
Dining room: 3.38 x 3.17 meters
Bedroom: 3.37 x 3.02 meters
Den: 1.98 x 1.65 meters

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

Features

Appliances: Oven - Built-In
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,110

List price

$610K

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 28 days, which is 29 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX EXCEL REALTY LTD. · PHOEBE LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $609,999, about 8.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $119,154 (20% down, 25-yr amortization, stress-tested) — roughly 68% 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)

$609,999· $1,110/ft²

For sale

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Full Cost Breakdown

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Down Payment5.90% · $35,999.90

Min 5.90%50%

Mortgage payment$3,182/mo

↳ CMHC premium ($22,960 capitalized)

Property tax (est.)$310/mo

Condo fee$653/mo

Total monthly$4,145

Cash Needed to Close

Down payment (5.90%)$36,000

Land transfer tax$17,350

Est. closing costs$4,330

Total cash needed$57,680

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