$429,000

For sale

#501 77 Shuter Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#501 77 Shuter Street, Toronto (Church-Yonge Corridor), Ontario, M5B0B8

1 bed1 bath0 parking550 ft²$395/mo condo feeListed 42 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $429,000, it is attractively priced about 27% below the $588,000 median asking price in Toronto. It has been on the market 42 days, fresher than the Toronto average of 63 days.

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Description

Seize a rare opportunity to own this bright and inviting one-bedroom suite Ideal for first-time buyers and savvy investors, this unit offers exceptional value with low maintenance fees. Thoughtfully designed with a functional open-concept living and dining area, the space is enhanced by sleek built-in appliances that create a clean, modern aesthetic. The kitchen features a practical island, complemented by ensuite laundry and roller blinds for added convenience. Located just steps from Toronto Metropolitan University, Eaton Centre, and everyday essentials-including a grocery store right at the base of the building-this home delivers true urban convenience. Residents also enjoy access to premium amenities such as a co-working space, fitness centre, party room, and a rooftop pool. (id:66096)

Property Details

MLS®: C13826666
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $395/mo
Ownership: Condo/Strata
Property Tax: $2,467.41/yr
Listed: 42 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$781

List price

$429K

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 1-bed single family in Toronto (Church-Yonge Corridor) has been listed for 42 days, which is 21 days fresher than the city average of 63. Act while there is still low competition.

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Listed by JDL REALTY INC. · DAISY HUANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $429,000, about 7.4× the local median household income of $58,000.

Carrying it typically needs a household income of about $83,799 (20% down, 25-yr amortization, stress-tested) — roughly 44% above the area median.

Median household income: $58,000
Population: 17,422
Median age: 31.4
Owner / renter: 28% / 72%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5B)

$429,000· $781/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,450

Min 5%50%

Mortgage payment$2,260/mo

↳ CMHC premium ($16,302 capitalized)

Property tax (est.)$206/mo

Condo fee$395/mo

Total monthly$2,861

Cash Needed to Close

Down payment (5%)$21,450

Land transfer tax$10,110

Est. closing costs$3,787

Total cash needed$35,347

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