$689,000

For saleJust listed

#418 20 Minowan Miikan Lane, Toronto (Little Portugal) - Single Family for Sale

#418 20 Minowan Miikan Lane, Toronto (Little Portugal), Ontario, M6J0E5

2 beds2 baths1 parking650 ft²$584/mo condo feeListed 6 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 6 days, fresher than the Toronto average of 71 days.

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Description

ALL SIGNS POINT WEST. And for good reason! With nearly 700 sq ft, this bright and spacious 2-bedroom, 2-bathroom suite at The Carnaby boasts fabulous west-facing views, abundant natural light and a 135 sq. ft. balcony made for spectacular sunsets. Engineered hardwood floors, exposed concrete ceilings and a fresh white kitchen with a custom movable quartz island set the tone, while the open living and dining areas offer plenty of room to relax and entertain. The primary bedroom comfortably fits a queen bed, and the second bedroom offers flexibility for guests or a home office. Full-size laundry, underground parking and a large storage locker on the same floor add everyday convenience. Enjoy 24-hour concierge, a gym on the 4th floor, gorgeous party room, BBQ terrace, guest suites and visitor parking. All in the heart of West Queen West, steps to cafés, boutiques, restaurants, cocktail bars, live music and transit, with Ossington,Trinity Bellwoods Park, Exhibition GO, BMO Field and RBC Amphitheatre nearby. Looks like all signs really do point west! (id:66096)

Property Details

MLS®: C14129808
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $584/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,923.45/yr
Listed: 6 days ago

Rooms

Flat

Living room: 3.33 x 3.25 meters
Dining room: 2.9 x 1.68 meters
Kitchen: 3.12 x 1.14 meters
Primary Bedroom: 2.82 x 2.74 meters
Bedroom 2: 3.02 x 2.77 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Little Portugal) listings, avg age

71d

Price / ft²

$1,061

List price

$689K

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 (Little Portugal) has been listed for 6 days, which is 65 days fresher than the city average of 71. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · LAUREN REBECCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $689,000, about 7.7× the local median household income of $90,000.

Carrying it typically needs a household income of about $134,586 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$689,000· $1,061/ft²

For sale

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Full Cost Breakdown

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Down Payment6.37% · $43,900.00

Min 6.37%50%

Mortgage payment$3,577/mo

↳ CMHC premium ($25,804 capitalized)

Property tax (est.)$244/mo

Condo fee$584/mo

Total monthly$4,404

Cash Needed to Close

Down payment (6.37%)$43,900

Land transfer tax$20,510

Est. closing costs$4,567

Total cash needed$68,977

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