$998,000

For sale

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#402 22 LOMBARD Street East, Toronto (Church-Yonge Corridor) - Single Family for Sale

#402 22 LOMBARD Street East, Toronto (Church-Yonge Corridor), Ontario, M5C1M1

2 beds2 baths1 parking condo fee

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Investment analysis

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$998,000

Toronto

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Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale.

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

Description

Newer Condo with a great location in the heart of Toronto. 5 min walk to Eaton Centre, St Lawrence Market, Yonge Subway Line. 2 min walk to underground PATH system and Central Business District. Incredible amenities on the 5th and 46th floor of 20 Lombard St. One locker room and one parking Owed. (id:66096)

Property Details

MLS®: C12896072
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,343/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,889.42/yr
Listed: 231 days ago

Rooms

Main level

Living room: 17.1 x 22 meters
Dining room: 17.1 x 22 meters
Primary Bedroom: 11.2 x 11 meters
Bedroom 2: 11.2 x 9.1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Window Coverings
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

231d

Toronto (Church-Yonge Corridor) listings, avg age

63d

List price

$998K

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) 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 CENTURY 21 LANDUNION REALTY INC. · LEE LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5C)

This home lists at $998,000, about 11.2× the local median household income of $89,000.

Carrying it typically needs a household income of about $194,944 (20% down, 25-yr amortization, stress-tested) — roughly 119% above the area median.

Median household income: $89,000
Population: 3,149
Median age: 36.4
Owner / renter: 47% / 53%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5C)

$998,000

For sale

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Full Cost Breakdown

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Down Payment7.49% · $74,800

Min 7.49%50%

Mortgage payment$5,118/mo

↳ CMHC premium ($36,928 capitalized)

Property tax (est.)$491/mo

Condo fee$1,343/mo

Total monthly$6,952

Cash Needed to Close

Down payment (7.49%)$74,800

Land transfer tax$32,870

Est. closing costs$5,494

Total cash needed$113,164

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