$528,000

For sale

#4207 70 Temperance Street, Toronto (Bay Street Corridor) - Single Family for Sale

#4207 70 Temperance Street, Toronto (Bay Street Corridor), Ontario, M5H0B1

2 beds1 bath0 parking550 ft²$500/mo condo feeListed 93 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $528,000, it is attractively priced about 23% below the $685,000 median asking price in Toronto.

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Description

A practical 1+1 bedroom condo in the heart of the Bay Street Corridor, offered at an exceptional price. This bright south-facing suite features a functional layout with a fully enclosed bedroom, a separate den that's ideal for a large home office, and an open-concept living and dining area with a walkout to the balcony. Located on the 42nd floor, the suite enjoys abundant natural light from Southern exposure and sweeping downtown views with glimpses of the lake. Generous storage includes large closets, ample kitchen cabinetry, a separate laundry room with additional storage space, and an owned locker. Residents enjoy concierge service, a fitness centre, media room, guest suites, party room, and a rooftop terrace with BBQs. Just steps to the Financial District, PATH, University Row, Nathan Phillips Square, transit, dining, shopping, and everyday conveniences. Locker included. (id:66096)

Property Details

MLS®: C13639536
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Heat Pump, Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $500/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,460.57/yr
Listed: 93 days ago

Rooms

Flat

Kitchen: 2.36 x 3.51 meters
Living room: 4.1 x 3.16 meters
Bedroom: 3.14 x 2.83 meters
Den: 2.29 x 2.49 meters
Laundry room: 1.54 x 1.81 meters
Foyer: 1.69 x 1.54 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, Cooktop, Hood Fan
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

93d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$961

List price

$528K

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 (Bay Street Corridor) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by BSPOKE REALTY INC. · VARUN ARORA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5H)

This home lists at $528,000, about 5.9× the local median household income of $90,000.

Carrying it typically needs a household income of about $103,137 (20% down, 25-yr amortization, stress-tested) — roughly 15% above the area median.

Median household income: $90,000
Population: 3,248
Median age: 31.4
Owner / renter: 36% / 64%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5H)

$528,000· $961/ft²

For sale

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Full Cost Breakdown

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Down Payment5.27% · $27,800.00

Min 5.27%50%

Mortgage payment$2,773/mo

↳ CMHC premium ($20,008 capitalized)

Property tax (est.)$288/mo

Condo fee$500/mo

Total monthly$3,562

Cash Needed to Close

Down payment (5.27%)$27,800

Land transfer tax$14,070

Est. closing costs$4,084

Total cash needed$45,954

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