$499,900

For sale

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#407 630 Queen Street East, Toronto (South Riverdale) - Single Family for Sale

#407 630 Queen Street East, Toronto (South Riverdale), Ontario, M4M1G3

1 bed1 bath1 parking ft²

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Investment analysis

Rental cashflow calculator

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$499,900

Toronto

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Description

Boutique Sync Lofts In Riverdale South and the Vibrant & Trendy Queen East Neighbourhood, Quiet North Facing Unit With Park View, 9' Exposed Concrete Ceiling, Hardwood Floors, Floor To Ceiling Windows, B/I Speakers In Every Rm, S/S Appliances, Stone Counter And Backsplash, Pot Lights & Track Lights, Bedroom With Sliding Doors And Large Closet. Steps To Queen East Restaurants, Dvp Access, 24H TTC At Doorstep. Walk to Distillery District, Parks, Broadview Hotel, Don Valley Trail & Other Great Shops, Restaurants, Cafes. (id:66096)

Property Details

MLS®: E13775488
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $638/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,518.65/yr
Listed: 55 days ago

Market Timing

Days on market

55d

Toronto (South Riverdale) listings, avg age

49d

Price / ft²

$910

List price

$500K

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.

Area context

Neighbourhood profile (M4M)

This home lists at $499,900, about 5.0× the local median household income of $99,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$499,900· $910/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$210/mo

Condo fee$638/mo

Total monthly$3,481

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

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

#407 630 Queen Street East, Toronto (South Riverdale) - Single Family for Sale

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Description

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Neighbourhood profile (M4M)

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