$821,800

For sale

#4805 3 Concord Cityplace Way, Toronto (Waterfront Communities) - Single Family for Sale

#4805 3 Concord Cityplace Way, Toronto (Waterfront Communities), Ontario, M5V0X4

2 beds2 baths1 parking650 ft²$719/mo condo feeListed 28 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 28 days, fresher than the Toronto average of 57 days.

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Description

EV PARKING !!! Welcome to Unit 4805 at Concord Canada House, an exceptional corner unit in the heart of Toronto's Cityplace. This super bright 2-bedroom, 2-bathroom suite offers approximately total 862 SF living space, which is include 692 SF of thoughtfully designed interior area plus a spacious 170 SF balcony. The northwest exposure provides abundant natural light, while the open-concept layout features premium built-in Miele appliances and contemporary finishes. Step outside to enjoy a generous balcony equipped with a ceiling light and heater, making it ideal for relaxing or entertaining throughout the year. Perfectly situated near CN Tower, Rogers Centre, Ripley's Aquarium, Union Station, waterfront trails, restaurants, shopping and public transit, this home offers the best of downtown Toronto living. Residents enjoy access to an impressive collection of amenities, including and indoor pool, fitness centre, sauna, theatre and 24-hour concierge. (id:66096)

Property Details

MLS®: C13877190
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $719/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Listed: 28 days ago

Features

Exterior: Brick
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,265

List price

$822K

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 28 days, which is 29 days fresher than the city average of 57. Act while there is still low competition.

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Listed by NU STREAM REALTY (TORONTO) INC. · FLORA QU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $821,800, about 9.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $160,526 (20% down, 25-yr amortization, stress-tested) — roughly 76% 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)

$821,800· $1,265/ft²

For sale

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Full Cost Breakdown

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Down Payment6.96% · $57,180

Min 6.96%50%

Mortgage payment$4,239/mo

↳ CMHC premium ($30,585 capitalized)

Est. property tax$0/mo

Condo fee$719/mo

Total monthly$4,958

Cash Needed to Close

Down payment (6.96%)$57,180

Land transfer tax$25,822

Est. closing costs$4,965

Total cash needed$87,967

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