$469,000

For saleJust listed

#407 1030 King Street West, Toronto (Niagara) - Single Family for Sale

#407 1030 King Street West, Toronto (Niagara), Ontario, M6K0B4

2 beds1 bath0 parking550 ft²$380/mo condo feeListed 7 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $469,000, it is attractively priced about 24% below the $619,000 median asking price in Toronto. It has been on the market 7 days, fresher than the Toronto average of 49 days.

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Description

Welcome to Suite 407 at DNA3, a smartly laid-out 508sqft 1 + den at King & Shaw. Smooth 9' ceilings run throughout, and the open living area walks out to a large north-facing balcony that spans the full width of the suite and overlooks mature trees. The kitchen combines sleek integrated appliances and quartz counters with a centre island that seats two. The den makes an ideal home office, while the generous bedroom features a large window and double closet. Modern four-piece bath with deep soaker tub, plus ensuite washer and dryer. Residents enjoy 24-hour concierge, a fitness centre, rooftop patio, media room and rain room. Minutes to Trinity Bellwoods Park, Liberty Village, and the shops and restaurants of Ossington, King West and Queen West, with the King streetcar right outside. (id:66096)

Property Details

MLS®: C14124230
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: Garage, Underground
Condo Fee: $380/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,401.68/yr
Listed: 7 days ago

Rooms

Main level

Living room: 3.07 x 2.82 meters
Dining room: 3.07 x 2.82 meters
Kitchen: 3.51 x 3.07 meters
Primary Bedroom: 2.9 x 2.8 meters
Den: 2.8 x 1.7 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, Oven, Dryer, Microwave, Hood Fan, Window Coverings
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Niagara) listings, avg age

49d

Price / ft²

$854

List price

$469K

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 (Niagara) has been listed for 7 days, which is 42 days fresher than the city average of 49. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · MICHAEL CAMBER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6K)

This home lists at $469,000, about 6.5× the local median household income of $72,000.

Carrying it typically needs a household income of about $91,612 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.

Median household income: $72,000
Population: 42,110
Median age: 35.6
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M6K)

$469,000· $854/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,450

Min 5%50%

Mortgage payment$2,470/mo

↳ CMHC premium ($17,822 capitalized)

Property tax (est.)$200/mo

Condo fee$380/mo

Total monthly$3,051

Cash Needed to Close

Down payment (5%)$23,450

Land transfer tax$11,710

Est. closing costs$3,907

Total cash needed$39,067

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