$590,000

For sale

#407 1205 Queen Street West, Toronto (South Parkdale) - Single Family for Sale

#407 1205 Queen Street West, Toronto (South Parkdale), Ontario, M6K0B9

2 beds1 bath1 parking650 ft²$615/mo condo feeListed 52 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $590,000 asking price sits right in line with the $590,000 median in Toronto. It has been on the market 52 days, fresher than the Toronto average of 64 days.

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Description

Welcome to 1205 Queen St W #407 - A Rarely Offered Executive Suite In Boutique Q Lofts In The Heart of Vibrant Queen St West! Sunny East Exposure With 9 Foot Ceilings, Functional Open Concept Floor Plan And Large Full Sized Den, Perfect For a Home Office or Second Bedroom. Modern Finishes Through-out With Stunning Kitchen With Island / Breakfast Bar, And Floor To Ceiling Window Lined Living Room. Large Primary Bedroom Features Walk-Through Closet And Convenient Modern Semi-Ensuite. Ideal Location On Queen St W Close Everyday Amenities Like TTC, Grocery Stores, Cafes And World Class Dining. King St W, Liberty Village, Lake Front Trails And CNE/GO Just A Short Walk Away! Includes Parking and Locker. 98 / 100 Walkscore and 87 / 100 Transit Score! (id:66096)

Property Details

MLS®: W13784712
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $615/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,908.11/yr
Listed: 52 days ago

Rooms

Main level

Dining room: 7.16 x 2.62 meters
Kitchen: 7.16 x 2.62 meters
Primary Bedroom: 2.64 x 2.99 meters
Den: 2.64 x 3.18 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, Blinds
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (South Parkdale) listings, avg age

64d

Price / ft²

$908

List price

$590K

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 Parkdale) has been listed for 52 days, which is 12 days fresher than the city average of 64. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · PAUL SIKSNA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6K)

This home lists at $590,000, about 8.2× the local median household income of $72,000.

Carrying it typically needs a household income of about $115,248 (20% down, 25-yr amortization, stress-tested) — roughly 60% 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)

$590,000· $908/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $34,000

Min 5.76%50%

Mortgage payment$3,083/mo

↳ CMHC premium ($22,240 capitalized)

Property tax (est.)$242/mo

Condo fee$615/mo

Total monthly$3,940

Cash Needed to Close

Down payment (5.76%)$34,000

Land transfer tax$16,550

Est. closing costs$4,270

Total cash needed$54,820

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