$499,900

For sale

#513 65 Scadding Avenue, Toronto (Waterfront Communities) - Single Family for Sale

#513 65 Scadding Avenue, Toronto (Waterfront Communities), Ontario, M5A4L1

1 bed1 bath1 parking550 ft²$697/mo condo feeListed 52 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $499,900, it is attractively priced about 21% below the $629,900 median asking price in Toronto. It has been on the market 52 days, fresher than the Toronto average of 57 days.

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Description

Welcome to St. Lawrence on the Park! Experience downtown living at its best in this bright and inviting condo, ideally situated between the vibrant St. Lawrence Market and historic Distillery District. Offering great city exposure and a functional layout, the suite features a generous foyer with the potential to create a dedicated home office or den area, providing added flexibility for today's work-from-home lifestyle. Enjoy an exceptional location just steps from Meridian Hall, 10 minute walk from Sugar Beach and Bike ride to Harbourfront on Separated Bike Lanes, steps away from the Financial District, entertainment, St. Lawrence Market, the Distillery District and Union Station, Walking Paths and an abundance of restaurants, shops and everyday amenities nearby. Residents enjoy a fantastic selection of building amenities, including 24-hour concierge, gym, party room, indoor pool and a convenient car wash. Whether you're a first-time buyer, professional or investor, this is an excellent opportunity to own in one of downtown Toronto's most desirable and well-connected neighbourhoods. Prime location, versatile living space and exceptional amenities - don't miss this opportunity! (id:66096)

Property Details

MLS®: C13786028
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $697/mo
Fee Includes: Water
Ownership: Condo/Strata
Property Tax: $2,244/yr
Listed: 52 days ago

Rooms

Flat

Living room: 14.76 x 11.48 meters
Dining room: 14.76 x 11.48 meters
Primary Bedroom: 10.5 x 9.02 meters
Kitchen: 8.04 x 7.71 meters
Foyer: 7.55 x 8.86 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, Dryer
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$910

List price

$500K

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 1-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 RE/MAX ULTIMATE REALTY INC. · KEISHA LONDON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $499,900, about 7.0× the local median household income of $71,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 38% 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)

$499,900· $910/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$187/mo

Condo fee$697/mo

Total monthly$3,517

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

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