$610,900

$619,900For salePrice drop↓ $9,000 (1%)

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#3606 16 Bonnycastle Street, Toronto (Waterfront Communities) - Single Family for Sale

#3606 16 Bonnycastle Street, Toronto (Waterfront Communities), Ontario, M5A0C9

2 beds1 bath parking

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3 bd2 ba1 pk1,100 ft²+$909/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

Investment analysis

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$610,900

Toronto

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Description

Great opportunity for wise buyer. Gorgeous 36th floor view. One Bedroom + Den 671 Sq Ft Condo + 59 Sq Ft of Suspended Terrace. Overlooking an unobstructed view of city lights and the portland waterfront. This well appointed custom designed unit has an open concept kitchen, living & dining w engineered hardwood floors, upgraded light fixtures, focal point walls, 9 ft ceilings den/study area w/ unobstructed south eats lake views. This unit includes 1 parking & 1 locker. Maintenance fees include high speed internet. (id:66096)

Property Details

MLS®: C14086208
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $528/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,215/yr
Listed: 21 days ago

Market Timing

Days on market

21d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$941

List price

$611K

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.

Area context

Neighbourhood profile (M5A)

This home lists at $610,900, about 8.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $119,330 (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)

$610,900· $941/ft²

For sale

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Full Cost Breakdown

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Down Payment5.91% · $36,090.00

Min 5.91%50%

Mortgage payment$3,187/mo

↳ CMHC premium ($22,992 capitalized)

Property tax (est.)$351/mo

Condo fee$528/mo

Total monthly$4,066

Cash Needed to Close

Down payment (5.91%)$36,090

Land transfer tax$17,386

Est. closing costs$4,333

Total cash needed$57,809

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

#3606 16 Bonnycastle Street, Toronto (Waterfront Communities) - Single Family for Sale

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Neighbourhood profile (M5A)

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