$599,000

For sale

#4317 70 Temperance Street, Toronto (Bay Street Corridor) - Single Family for Sale

#4317 70 Temperance Street, Toronto (Bay Street Corridor), Ontario, M5H4E8

3 beds2 baths0 parking750 ft²$635/mo condo feeListed 34 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $599,000, it is attractively priced about 13% below the $685,000 median asking price in Toronto. It has been on the market 34 days, fresher than the Toronto average of 59 days.

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Description

Rare find at INDX with amazing picture view! Wake up every morning, 43 floors above the city with a breathtaking,unobstructed view of Toronto's iconic City Hall and the signature Toronto sign. No buildings blocking your sight - just a panoramic skylinestretching all the way to Yorkville and beyond. And the best part? You get to enjoy the view with floor-to-ceiling windows from a spacious 2Bedroom + Study, 2 Full Bathroom layout that's been freshly upgraded with laminate flooring throughout. Move-in ready, stylish and designedfor downtown living at its finest. Here's what truly sets this unit apart. Let me give you a huge bonus, this unit also comes with a locker. Thiscondo is called INDX (referring to stock market indices) because it is right in the Financial District! You are just steps from Bay & Queen/King,Eaton Centre, the underground PATH system and the best dining, shopping and nightlife in the city. And when you're home? You've got thegym, golf simulator, poker room, theatre, party lounge and 24/7 concierge, everything you need, right at your doorstep. This isn't just a condo,it is a rare opportunity to own a high-floor unit with iconic Toronto views in the most central downtown location. Come see it for yourself. The AAA Tenants will stay until the end of the lease.Extras: (id:66096)

Property Details

MLS®: C13857874
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $635/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,336/yr
Listed: 34 days ago

Rooms

Main level

Dining room: 3.45 x 3.66 meters
Kitchen: 3.45 x 3.66 meters
Primary Bedroom: 2.75 x 2.84 meters
Bedroom 2: 2.53 x 2.93 meters
Study
Living room: 3.45 x 3.66 meters

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

Features

Appliances: Refrigerator, Dishwasher, Oven, Microwave, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Toronto (Bay Street Corridor) listings, avg age

59d

Price / ft²

$799

List price

$599K

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 3-bed single family in Toronto (Bay Street Corridor) has been listed for 34 days, which is 25 days fresher than the city average of 59. Act while there is still low competition.

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Listed by HOMELIFE NEW WORLD REALTY INC. · TOM YIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5H)

This home lists at $599,000, about 6.7× the local median household income of $90,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 30% 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)

$599,000· $799/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$361/mo

Condo fee$635/mo

Total monthly$4,124

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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