$759,900

For sale

#3701 21 Widmer Street, Toronto (Waterfront Communities) - Single Family for Sale

#3701 21 Widmer Street, Toronto (Waterfront Communities), Ontario, M5V0B8

2 beds2 baths1 parking650 ft²$734/mo condo feeListed 37 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 37 days, fresher than the Toronto average of 57 days.

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Description

Welcome to Cinema Tower! Located in the heart of Toronto's vibrant Entertainment District, this bright and spacious 1 Bedroom + Den, 2 Full Bathroom suite offers approximately 692 sq. ft. of interior living space plus a 99 sq. ft. balcony with breathtaking panoramic city and lake views from the 37th floor.Featuring 9-ft ceilings, hardwood flooring throughout, large foyer closet , and a gorgeous modern kitchen with quartz countertops, ceramic backsplash and built-in appliances. The versatile den can easily function as a second bedroom, home office or guest room. Includes 1 parking space and 1 locker.The unit is vacant, freshly professionally painted and professionally cleaned, and ready for immediate occupancy. Residents enjoy exceptional amenities including a fully equipped gym, spa, full-size basketball court, party room/lounge, outdoor terrace with BBQs, movie theatre, guest suite, visitor parking and 24-hour concierge. Amenities are conveniently located on the 6th floor.Unbeatable downtown location, steps to restaurants, entertainment, Financial District, TTC, University of Toronto, OCAD University and Toronto Metropolitan University. Enjoy the best of downtown living at Cinema Tower! (id:66096)

Property Details

MLS®: C13842616
Property Type: Single Family
Zoning: I2 D7
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $734/mo
Fee Includes: Common Area Maintenance, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,913/yr
Listed: 37 days ago

Rooms

Main level

Living room: 3.15 x 4.45 meters
Dining room: 3.15 x 4.45 meters
Kitchen: 3.2 x 3.5 meters
Bedroom: 2.9 x 3.56 meters
Den: 2.13 x 2.41 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, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,170

List price

$760K

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 37 days, which is 20 days fresher than the city average of 57. Act while there is still low competition.

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Listed by CENTURY 21 MILLER REAL ESTATE LTD. · SHERIN NASSAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $759,900, about 8.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $148,435 (20% down, 25-yr amortization, stress-tested) — roughly 63% 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)

$759,900· $1,170/ft²

For sale

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Full Cost Breakdown

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Down Payment6.71% · $50,990.00

Min 6.71%50%

Mortgage payment$3,930/mo

↳ CMHC premium ($28,356 capitalized)

Property tax (est.)$326/mo

Condo fee$734/mo

Total monthly$4,990

Cash Needed to Close

Down payment (6.71%)$50,990

Land transfer tax$23,346

Est. closing costs$4,780

Total cash needed$79,116

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