$449,000

For sale

#401 77 Mutual Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#401 77 Mutual Street, Toronto (Church-Yonge Corridor), Ontario, M5B0B9

2 beds1 bath0 parking550 ft²$439/mo condo feeListed 36 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $449,000, it is attractively priced about 24% below the $588,000 median asking price in Toronto. It has been on the market 36 days, fresher than the Toronto average of 63 days.

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Description

*** 2-BEDROOM FUNCTIONALITY WITHOUT THE 2-BEDROOM PRICE TAG !*** This unique 1 bedroom +Den at 77 Mutual St. offers exceptional value-the oversized den is comparable in size to many second bedrooms, giving you the flexibility and function of a 2-bedroom while buying at a 1+Den price point! Bright and modern with approx. 515 sq. ft., 9-ft ceilings and floor-to-ceiling windows providing an abundance of natural light throughout the unit. The spacious den is ideal as a second sleeping area, nursery, home office or guest room. Enjoy 24-hr concierge, gym, yoga studio, party room, business & study lounges and outdoor BBQ area. Steps to Eaton Centre, Dundas Subway, TMU, U of T, George Brown, Financial District, restaurants, shopping & 24-hr TTC. BEST BANG FOR YOUR BUCK-SEE THE LAYOUT FOR YOURSELF! (id:66096)

Property Details

MLS®: C13847120
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $439/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,895.63/yr
Listed: 36 days ago

Rooms

Flat

Kitchen
Living room
Den
Primary Bedroom

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, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$817

List price

$449K

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 (Church-Yonge Corridor) has been listed for 36 days, which is 27 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RE/MAX EXPERTS · FLORA HUYNH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $449,000, about 7.7× the local median household income of $58,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.

Median household income: $58,000
Population: 17,422
Median age: 31.4
Owner / renter: 28% / 72%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5B)

$449,000· $817/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$241/mo

Condo fee$439/mo

Total monthly$3,045

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$10,910

Est. closing costs$3,847

Total cash needed$37,207

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