$388,000

For sale

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#3501 8 Widmer Street, Toronto (Waterfront Communities) - Single Family for Sale

#3501 8 Widmer Street, Toronto (Waterfront Communities), Ontario, M5V2E7

0 beds1 bath0 parking ft²

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1 bd1 ba250 ft²+$395/mo

Listed by PROMPTON REAL ESTATE SERVICES CORP.

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For saleJust listed

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Listed by SUTTON GROUP-ADMIRAL REALTY INC.

#2810 87 Peter Street, Toronto (Waterfront Communities), Ontario, M5V2G5

For saleJust listed

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$525K

#2810 87 Peter Street, Toronto (Waterfront Communities), Ontario, M5V2G5

2 bd1 ba550 ft²+$481/mo

Listed by BRAD J. LAMB REALTY 2016 INC.

#2903 270 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2N4

For saleJust listed

Today

$509K

#2903 270 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2N4

2 bd1 ba750 ft²+$653/mo

Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$388,000

Toronto

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$328/mo condo fee

Overview

This 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $388,000, it is attractively priced about 38% below the $629,900 median asking price in Toronto.

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

Description

Affordable brand new Theatre District studio with great modern design. Excellent layout. You got great lake view! Very convenient location. Close to everything you need: brand new No Frill, St. Andrew TTC station, restaurants, cafes, TIFF, OCAD, U of T and many more. 24 hr concierge, guest suites, lounge/study room, gym, theatre, event room w/kitchen, steam room, outdoor pool, hot tub, terrace with bbq, yoga room. . Show and sell. The unit is current tenant so showing the unit with the conditional offer. (id:66096)

Property Details

MLS®: C13553826
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Pool: Yes
Condo Fee: $328/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,451/yr
Listed: 116 days ago

Rooms

Flat

Kitchen: 2.95 x 0.65 meters
Great room: 5.72 x 4.96 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, Oven, Dryer, Microwave, Cooktop, Window Coverings
Flooring: Laminate
Exterior: Concrete, Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

116d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,555

List price

$388K

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 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 HOMELIFE LANDMARK REALTY INC. · ZHIFEI ROSS LIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $388,000, about 4.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $75,790 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$388,000· $1,555/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,400

Min 5%50%

Mortgage payment$2,044/mo

↳ CMHC premium ($14,744 capitalized)

Property tax (est.)$204/mo

Condo fee$328/mo

Total monthly$2,576

Cash Needed to Close

Down payment (5%)$19,400

Land transfer tax$8,590

Est. closing costs$3,664

Total cash needed$31,654

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