$499,000

For sale

#510 65 Scadding Avenue, Toronto (Waterfront Communities) - Single Family for Sale

#510 65 Scadding Avenue, Toronto (Waterfront Communities), Ontario, M5A4L1

3 beds2 baths1 parking1,100 ft²$1,257/mo condo feeListed 9 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $499,000, it is attractively priced about 21% below the $629,900 median asking price in Toronto. It has been on the market 9 days, fresher than the Toronto average of 57 days.

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Description

Welcome to St. Lawrence on the Park! At over 1000 sq feet, this bright and generously sized 2bed + solarium, 1.5 bath suite checks all the boxes! The open concept living and raised dining area provides a comfortable setting for family life and entertaining, while the two bedrooms are light-filled and spacious. The versatile solarium provides the perfect space for a home office, play area or additional living area. Loads of storage and closets ensuite as well as adedicated separate locker. Prime parking space conveniently located by the elevator add incredible valuable. An exceptional opportunity to create a home tailored to your own style and build equity through thoughtful updates. Enjoy an impressive array of building amenities including an indoor pool, fitness room, sauna, party room, library, 24hr concierge and visitor parking. Perfectly situated in the heart of the St. Lawrence neighbourhood, just steps to David Crombie Park, St. Lawrence Market, the Distillery District, the city's best restaurants and cafés. The waterfront and financial district are just mins away. The planned Ontario Line will add tremendous long-term value. Truly a 10/10 location! Families love nearby schools including Market Lane Junior & Senior Public School, St. Michael Catholic School and others. The generous square footage and functional floor plan provide an excellent canvas. Bring your vision and transform this spacious home into something truly special. (id:66096)

Property Details

MLS®: C14122334
Property Type: Single Family
Zoning: Residential
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,257/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata

Rooms

Main level

Foyer: 1.4 x 1.1 meters
Kitchen: 3.3 x 2.5 meters
Bedroom: 3 x 4.3 meters
Living room: 4 x 4.6 meters
Dining room: 3.3 x 4 meters
Den: 2.2 x 1.7 meters
Bedroom: 2.3 x 2.6 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Oven
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$454

List price

$499K

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 9 days, which is 48 days fresher than the city average of 57. Act while there is still low competition.

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Listed by PSR · CATHY HAVERCROFT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $499,000, about 7.0× the local median household income of $71,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 37% 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)

$499,000· $454/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$259/mo

Condo fee$1,257/mo

Total monthly$4,144

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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