$525,000

For sale

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#503 899 Queen Street East, Toronto (South Riverdale) - Single Family for Sale

#503 899 Queen Street East, Toronto (South Riverdale), Ontario, M4M0C8

1 bed1 bath0 parking ft²

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Listed by SAGE REAL ESTATE LIMITED

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Listed by SAGE REAL ESTATE LIMITED

Investment analysis

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$525,000

Toronto

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Description

Welcome to The Logan Residences, boutique Leslieville living with a terrace to match. This 611 sq. ft. one-bedroom is anchored by a wall of floor-to-ceiling windows and a sliding walkout to a generous private terrace, wide enough for a full lounge setup and dining. Smart, efficient layout with no wasted space. Leslieville living at its best! (id:66096)

Property Details

MLS®: E13790552
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $485/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,892.76/yr
Listed: 51 days ago

Market Timing

Days on market

51d

Toronto (South Riverdale) listings, avg age

49d

Price / ft²

$808

List price

$525K

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.

Area context

Neighbourhood profile (M4M)

This home lists at $525,000, about 5.3× the local median household income of $99,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.

Median household income: $99,000
Population: 25,052
Median age: 38.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$525,000· $808/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$241/mo

Condo fee$485/mo

Total monthly$3,484

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$13,950

Est. closing costs$4,075

Total cash needed$45,525

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#503 899 Queen Street East, Toronto (South Riverdale) - Single Family for Sale

Rental cashflow calculator

Description

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Neighbourhood profile (M4M)

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