$1,025,000

For sale

#410 25 Oxley Street, Toronto (Waterfront Communities) - Single Family for Sale

#410 25 Oxley Street, Toronto (Waterfront Communities), Ontario, M5V2J5

2 beds2 baths1 parking950 ft²$787/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 15 days, fresher than the Toronto average of 57 days.

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Description

Glas Condos- an elevated take on downtown living at the coveted intersection of King West and Spadina. This exceptional corner residence offers just under 1,000 sq ft of sophisticated soft-loft living in an intimate 15-storey boutique building with hardwood floors. So spacious! Framed by floor-to-ceiling windows, the thoughtfully designed 2-bedroom, 2-bath layout features exposed concrete ceilings and walls, an airy open-concept living and dining space, and a sleek kitchen designed for both entertaining and everyday living. Generous proportions and built-in closets add a sense of effortless luxury and functionality throughout. A rare premium P1 parking space and locker are included. Currently tenanted, with vacant possession possible. Offered fully furnished if desired, excluding the tenant's belongings. A distinctive urban residence surrounded by the best of King West- exceptional dining, nightlife, culture, shopping and transit, all just outside your door. (id:66096)

Property Details

MLS®: C14097014
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $787/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,527.13/yr
Listed: 15 days ago

Features

Appliances: All, Blinds
Exterior: Steel

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,080

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 (Waterfront Communities) has been listed for 15 days, which is 42 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · Chialing Ku

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $1,025,000, about 11.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $200,218 (20% down, 25-yr amortization, stress-tested) — roughly 120% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$1,025,000· $1,080/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.)$377/mo

Condo fee$787/mo

Total monthly$6,417

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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