$795,000

For sale

#507 361 Front Street West, Toronto (Waterfront Communities) - Single Family for Sale

#507 361 Front Street West, Toronto (Waterfront Communities), Ontario, M5V3R5

3 beds2 baths1 parking850 ft²$909/mo condo feeListed 52 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 52 days, fresher than the Toronto average of 57 days.

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Description

Welcome to elevated downtown living at 361 Front St W, where the best of Toronto is quite literally at your doorstep. Light-filled 2 bed + den situated in the highly sought after Matrix condos. Maintenance fees include all utilities! Open floor plan features large living, dining and open den. Wood plank porcelain tile floors throughout, laminate floors in both washrooms. Functional galley kitchen fitted with quartz counters, subway tile backsplash and stainless steel appliances. Oversized primary bedroom with large walk-in closet and 4-piece ensuite. Second bedroom offers a closet and glass sliding french doors. Unit was recently repainted throughout. Full size washer/dryer for added convenience. Resort-style amenities include an indoor pool, fitness club, saunas, basketball court, hot tub, spa & billiards. You can relax or entertain friends on the extensive landscaped courtyard with BBQ's and soothing water feature. 24/7 concierge. Step outside and immerse yourself in everything that makes the city to vibrant- morning coffee runs, world-class dining, waterfront walks, effortless commuting via Union Station, TTC and quck highway access. Steps to the Rogers Centre, CN Tower, The Well, King West, Harbourfront and more. This is a location designed for those who want convenience, energy and lifestyle all in one! (id:66096)

Property Details

MLS®: C13784666
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $909/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,176.26/yr
Listed: 52 days ago

Features

Appliances: Garage door opener remote(s)
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$936

List price

$795K

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 3-bed single family in Toronto (Waterfront Communities) has been listed for 52 days, which is 5 days fresher than the city average of 57. Act while there is still low competition.

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Listed by CENTURY 21 REGAL REALTY INC. · ROXANNA VERNI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $795,000, about 8.7× the local median household income of $91,000.

Carrying it typically needs a household income of about $155,291 (20% down, 25-yr amortization, stress-tested) — roughly 71% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$795,000· $936/ft²

For sale

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Full Cost Breakdown

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Down Payment6.86% · $54,500

Min 6.86%50%

Mortgage payment$4,105/mo

↳ CMHC premium ($29,620 capitalized)

Property tax (est.)$265/mo

Condo fee$909/mo

Total monthly$5,279

Cash Needed to Close

Down payment (6.86%)$54,500

Land transfer tax$24,750

Est. closing costs$4,885

Total cash needed$84,135

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