$1,025,000

For sale

#404 761 Queen Street East, Toronto (South Riverdale) - Single Family for Sale

#404 761 Queen Street East, Toronto (South Riverdale), Ontario, M4M1H3

2 beds2 baths1 parking850 ft²$868/mo condo feeListed 23 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 23 days, fresher than the Toronto average of 47 days.

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Description

Brand-new boutique living at Biblio Lofts. Bright two-bedroom, two-bath suite offering 854 square feet plus a 69 square foot balcony. It features premium finishes, hardwood flooring, and an upgraded Scavolini kitchen with Miele appliances, plus installed blinds. Includes parking and locker. Intimate 28 suite building with fitness centre, social room, and rooftop terrace. Ideally situated between Riverdale and Leslieville, steps to shops, parks, and everyday amenities. Just a one-minute walk to the 501 Queen streetcar, providing convenient access to Queen Subway Station at Yonge, approximately 15 to 20 minutes by streetcar, with easy DVP access and walking distance to the future Ontario Line. The area also boasts an abundance of great coffee shops, boutiques, and restaurants, making this an exceptional opportunity to enjoy contemporary living in Toronto's vibrant east end. Conveniently located with easy access to Billy Bishop Toronto City Airport. (id:66096)

Property Details

MLS®: E13933826
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Style: Loft
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Other
Condo Fee: $868/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $10,233.44/yr
Listed: 23 days ago

Features

Appliances: Refrigerator, Water meter, Dishwasher, Range, Oven, Microwave, Oven - Built-In, Blinds, Garage door opener remote(s)
Exterior: Brick Facing
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Toronto (South Riverdale) listings, avg age

47d

Price / ft²

$1,207

List price

$1.02M

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 (South Riverdale) has been listed for 23 days, which is 24 days fresher than the city average of 47. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · ARI ESMAIL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4M)

This home lists at $1,025,000, about 10.4× the local median household income of $99,000.

Carrying it typically needs a household income of about $200,218 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.

Median household income: $99,000
Population: 25,052
Median age: 38.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$1,025,000· $1,207/ft²

For sale

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Full Cost Breakdown

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Down Payment7.56% · $77,500

Min 7.56%50%

Mortgage payment$5,253/mo

↳ CMHC premium ($37,900 capitalized)

Property tax (est.)$853/mo

Condo fee$868/mo

Total monthly$6,974

Cash Needed to Close

Down payment (7.56%)$77,500

Land transfer tax$33,950

Est. closing costs$5,575

Total cash needed$117,025

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