$399,999

$599,999For salePrice drop↓ $200,000 (33%)

#503 33 Mill Street, Toronto (Waterfront Communities) - Single Family for Sale

#503 33 Mill Street, Toronto (Waterfront Communities), Ontario, M5A3R3

2 beds1 bath1 parking750 ft²$777/mo condo feeListed 34 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $399,999, it is attractively priced about 36% below the $629,900 median asking price in Toronto. It has been on the market 34 days, fresher than the Toronto average of 57 days.

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Description

Welcome to 33 Mill St - a refined residence set within the heart of Toronto's storied Distillery District. This elegant LOFT condominium marries contemporary sophistication with timeless character. The open-concept living area showcases floor-to-ceiling windows, polished hardwood flooring, and a sleek modern kitchen appointed with stainless steel appliances and granite countertops. The primary bedroom offers open concept space, while the DEN (2nd Bedroom) presents an ideal retreat for guests, a home office, or little ones.Residents enjoy an exceptional suite of amenities, including a fitness centre, a rooftop terrace commanding sweeping city vistas, an outdoor pool and hot tub, and 24-hour concierge service. Mere steps from chic boutiques, acclaimed restaurants, and a thriving cultural scene, this residence delivers the pinnacle of urban living in one of Toronto's most sought-after neighbourhoods. (id:66096)

Property Details

MLS®: C13850888
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Style: Loft
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $777/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,503.32/yr
Listed: 34 days ago

Rooms

Main level

Primary Bedroom: 2.9 x 3.32 meters
Den: 2.9 x 2.74 meters
Living room: 7.01 x 3.66 meters
Kitchen: 1.52 x 1.52 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, Intercom, Dishwasher, Stove, Dryer, Microwave, Garage door opener remote(s)
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$534

List price

$400K

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 34 days, which is 23 days fresher than the city average of 57. Act while there is still low competition.

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Listed by FIRST CLASS REALTY INC. · PAUL VOONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $399,999, about 5.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$399,999· $534/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,999.95

Min 5%50%

Mortgage payment$2,107/mo

↳ CMHC premium ($15,200 capitalized)

Property tax (est.)$292/mo

Condo fee$777/mo

Total monthly$3,176

Cash Needed to Close

Down payment (5%)$20,000

Land transfer tax$8,950

Est. closing costs$3,700

Total cash needed$32,650

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