$529,000

For sale

#505 159 Dundas Street East, Toronto (Church-Yonge Corridor) - Single Family for Sale

#505 159 Dundas Street East, Toronto (Church-Yonge Corridor), Ontario, M5B0A9

2 beds2 baths0 parking650 ft²$605/mo condo feeListed 16 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $529,000, it is attractively priced about 10% below the $588,000 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 63 days.

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Description

Big City Energy. Room to Breathe.Who says downtown living has to mean compromising on space? Welcome to Suite 505 at PACE Condos, where approximately 679 square feet are put to very good use. This bright, south-facing 1+1 bedroom suite offers an open-concept living and dining area, floor-to-ceiling windows, modern finishes and a private balcony for your morning coffee or evening wind-down. The real plot twist? A genuinely useful den with a closet that can moonlight as a home office, guest room or whatever life calls for next. Add two full bathrooms (because sharing is overrated), ensuite laundry and a layout that actually makes sense, and you've got yourself a pretty clever little city pad. Beyond your front door, enjoy an outdoor pool, gym, rooftop terrace and 24-hour concierge. With Toronto Metropolitan University, the Eaton Centre, transit, restaurants and the Financial District all within easy reach, the city is yours to explore. More function, less compromise and a whole lot of downtown charm. Occupied by the tenant until November 1. (id:66096)

Property Details

MLS®: C14102226
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $605/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,437.55/yr
Listed: 16 days ago

Rooms

Flat

Living room: 7.01 x 3.28 meters
Dining room: 7.01 x 3.28 meters
Kitchen: 7.01 x 3.28 meters
Bedroom: 3.73 x 2.46 meters
Den: 2.39 x 2.44 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, Dishwasher, Stove, Oven, Dryer
Exterior: Concrete, Brick Facing
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$814

List price

$529K

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 (Church-Yonge Corridor) has been listed for 16 days, which is 47 days fresher than the city average of 63. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · RUSSELL JOSEPH WILLER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $529,000, about 9.1× the local median household income of $58,000.

Carrying it typically needs a household income of about $103,332 (20% down, 25-yr amortization, stress-tested) — roughly 78% 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)

$529,000· $814/ft²

For sale

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Full Cost Breakdown

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Down Payment5.27% · $27,900

Min 5.27%50%

Mortgage payment$2,778/mo

↳ CMHC premium ($20,044 capitalized)

Property tax (est.)$286/mo

Condo fee$605/mo

Total monthly$3,670

Cash Needed to Close

Down payment (5.27%)$27,900

Land transfer tax$14,110

Est. closing costs$4,087

Total cash needed$46,097

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