$1,398,000

For sale

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#3506 955 Bay Street East, Toronto (Bay Street Corridor) - Single Family for Sale

#3506 955 Bay Street East, Toronto (Bay Street Corridor), Ontario, M5S2A2

3 beds3 baths1 parking ft²

#2105 1 King Street West, Toronto (Bay Street Corridor), Ontario, M5H1A1

1 ba250 ft²+$674/mo

Listed by ROYAL LEPAGE TERREQUITY PLATINUM REALTY

#3204 35 Balmuto Street, Toronto (Bay Street Corridor), Ontario, M4Y0A3

For saleJust listed

Today

$1.30M

#3204 35 Balmuto Street, Toronto (Bay Street Corridor), Ontario, M4Y0A3

2 bd2 ba1 pk1,300 ft²+$1187/mo

Listed by CHESTNUT PARK REAL ESTATE LIMITED

#5001 7 Grenville Street, Toronto (Bay Street Corridor), Ontario, M4Y1W9

For saleJust listed

Yesterday

$650K

#5001 7 Grenville Street, Toronto (Bay Street Corridor), Ontario, M4Y1W9

2 bd2 ba650 ft²+$542/mo

Listed by HOMELIFE GOLCONDA REALTY INC.

#902 62 Wellesley Street West, Toronto (Bay Street Corridor), Ontario, M5S2X3

For saleJust listed

2 days ago

$890K

#902 62 Wellesley Street West, Toronto (Bay Street Corridor), Ontario, M5S2X3

4 bd2 ba1 pk1,500 ft²+$1400/mo

Listed by RE/MAX CONDOS PLUS CORPORATION

Investment analysis

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$1,398,000

Toronto

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$977/mo condo fee

Overview

This 3-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 16 days, fresher than the Toronto average of 59 days.

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

Description

Client Remks: New Exquisite & Spectacular 3Bed+2.5Bath Unit With Fabulous Layout & Unobstructed Panoramic Views With Large Balcony. Unbeatable Location In High Demand And Prestigious Downtown Toronto. Steps To Wellesley Subway Station,University Of Toronto/Ryerson University,Bloor Yorkville Shops, Hospitals,And Financial District.Close To Great Restaurants, 24Hrs Supermarket. (id:66096)

Property Details

MLS®: C14093252
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $977/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $7,910.97/yr
Listed: 16 days ago

Rooms

Main level

Living room: 6.55 x 3.96 meters
Dining room: 6.55 x 3.96 meters
Kitchen: 6.55 x 3.96 meters
Primary Bedroom: 3.84 x 3.65 meters
Bedroom 2: 2.86 x 2.5 meters
Bedroom 3: 3.8 x 2.62 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, Hood Fan, Window Coverings, Water Heater
Flooring: Wood
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Bay Street Corridor) listings, avg age

59d

Price / ft²

$1,271

List price

$1.40M

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 3-bed single family in Toronto (Bay Street Corridor) has been listed for 16 days, which is 43 days fresher than the city average of 59. Act while there is still low competition.

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Listed by BAY STREET GROUP INC. · WILLIAM XIONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5S)

This home lists at $1,398,000, about 20.0× the local median household income of $70,000.

Carrying it typically needs a household income of about $273,078 (20% down, 25-yr amortization, stress-tested) — roughly 290% above the area median.

Median household income: $70,000
Population: 17,074
Median age: 33.2
Owner / renter: 36% / 64%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5S)

$1,398,000· $1,271/ft²

For sale

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Full Cost Breakdown

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Down Payment8.21% · $114,800

Min 8.21%50%

Mortgage payment$7,114/mo

↳ CMHC premium ($51,328 capitalized)

Property tax (est.)$659/mo

Condo fee$977/mo

Total monthly$8,751

Cash Needed to Close

Down payment (8.21%)$114,800

Land transfer tax$48,870

Est. closing costs$6,694

Total cash needed$170,364

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