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$499,000
Toronto
#502 135 Dalhousie Street, Toronto (Church-Yonge Corridor), Ontario, M5B2S1
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $499,000, it is attractively priced about 15% below the $588,000 median asking price in Toronto. It has been on the market 49 days, fresher than the Toronto average of 63 days.
Suite 502 at The Merchandise Building Lofts is a 600 sq. ft. hard loft where 18-foot ceilings, floor-to-ceiling industrial windows and polished concrete floors give the space a sense of scale and architectural character that sets it apart from the sea of generic condos on the market. The main living space is open and airy, with a custom built-in wall unit that adds integrated storage without sacrificing valuable floor space. The proper, separate bedroom is especially unique: because the loft is on the penthouse level, it has a skylight that brings in natural light, a feature similar one-bedroom layouts elsewhere in the building don't have. The renovated bathroom features a floating vanity, walk-in glass shower and sleek stone finishes. Parking and a locker are both included. The heritage Merchandise Building also delivers an impressive amenity package with concierge, rooftop pool and terrace with BBQs, basketball court, sauna, party room and guest suites. And when you step outside, downtown is right there: walk to the Eaton Centre, Sankofa Square, Toronto Metropolitan University, St. Michael's Hospital, Massey Hall and Church- Wellesley Village, with TMU Station on Line 1 just 450m away. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 49 days on market, against an average age of 63 days across the listings currently for sale in this city
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.
This 1-bed single family in Toronto (Church-Yonge Corridor) has been listed for 49 days, which is 14 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 8.6× the local median household income of $58,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 68% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5B)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice