$888,000

For sale

#510 151 Avenue Road, Toronto (Annex) - Single Family for Sale

#510 151 Avenue Road, Toronto (Annex), Ontario, M5R0B8

2 beds1 bath1 parking750 ft²$1,236/mo condo feeListed 52 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $888,000, it is attractively priced about 14% below the $1,029,000 median asking price in Toronto. It has been on the market 52 days, fresher than the Toronto average of 58 days.

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Description

Unparalleled Yorkville Living. Experience one of Toronto's most coveted neighbourhoods from this beautiful 1-bedroom + den residence, ideally positioned on the quiet side of Yorkville. Step outside to world-class dining, designer boutiques, cafés, Whole Foods and some of the city's best shopping-all just moments from your door. Inside, west-facing views and abundant natural light create a bright, sophisticated living space. The open-concept layout features a sleek upgraded kitchen with a custom island, a designated dining area, and a versatile den offering additional space for a home office or intimate lounge. Step onto your private balcony and take in the city from above. Residents enjoy 24-hour concierge, fitness centre, party lounge and guest suite. Parking included. An exceptional opportunity to own in one of Toronto's most prestigious neighbourhoods. (id:66096)

Property Details

MLS®: C13778976
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,236/mo
Fee Includes: Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,248.41/yr
Listed: 52 days ago

Rooms

Main level

Kitchen: 3.05 x 3.2 meters
Bedroom: 3.45 x 3.53 meters
Living room: 2.4 x 2.9 meters
Dining room: 3 x 3.6 meters
Bathroom: 3.45 x 3.5 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,185

List price

$888K

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 (Annex) has been listed for 52 days, which is 6 days fresher than the city average of 58. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · ALISON FIORINI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $888,000, about 10.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $173,457 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$888,000· $1,185/ft²

For sale

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Full Cost Breakdown

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Down Payment7.18% · $63,800

Min 7.18%50%

Mortgage payment$4,570/mo

↳ CMHC premium ($32,968 capitalized)

Property tax (est.)$437/mo

Condo fee$1,236/mo

Total monthly$6,243

Cash Needed to Close

Down payment (7.18%)$63,800

Land transfer tax$28,470

Est. closing costs$5,164

Total cash needed$97,434

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