$589,000

For sale

#5205 88 Harbour Street, Toronto (Waterfront Communities) - Single Family for Sale

#5205 88 Harbour Street, Toronto (Waterfront Communities), Ontario, M5J1B7

2 beds1 bath0 parking650 ft²$693/mo condo feeListed 20 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $589,000, it is attractively priced about 6% below the $629,900 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 57 days.

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Description

Luxury Living Above The Toronto Skyline! Rarely Offered At Harbour Plaza Condos, This Exceptional 1+1 Bedroom Suite Boasts Breathtaking, Unobstructed Southeast Panoramic Views OfLake Ontario And The City Skyline. Featuring A Spacious, Sophisticated Layout With A Generously Sized Den Ideal For A Second Bedroom, A Luxurious Primary Retreat With Walk-In Closet And Private Ensuite, And Expansive Floor-To-Ceiling Windows That Flood The Suite With Natural Light. Enjoy The Ultimate Downtown Lifestyle With Direct Underground PATH Access To The Financial District And Union Station. Steps To The Waterfront, Scotiabank Arena, Entertainment District, Upscale Shopping, Fine Dining, And More. An Extraordinary Opportunity To ExperienceThe Best Of Luxury Downtown Living! (id:66096)

Property Details

MLS®: C14090392
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $693/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,521.95/yr
Listed: 20 days ago

Rooms

Flat

Living room: 6.43 x 3.29 meters
Dining room: 6.43 x 3.29 meters
Kitchen: 6.43 x 3.29 meters
Primary Bedroom: 3.2 x 3.11 meters
Den: 2.71 x 1.86 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, Oven, Dryer, Microwave, Oven - Built-In, Hood Fan, Blinds
Flooring: Laminate
Foundation: Unknown
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$907

List price

$589K

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 (Waterfront Communities) has been listed for 20 days, which is 37 days fresher than the city average of 57. Act while there is still low competition.

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Listed by CENTURY 21 ATRIA REALTY INC. · JOYCE LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5J)

This home lists at $589,000, about 6.3× the local median household income of $94,000.

Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $94,000
Population: 16,879
Median age: 33.6
Owner / renter: 43% / 57%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5J)

$589,000· $907/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,900

Min 5.76%50%

Mortgage payment$3,078/mo

↳ CMHC premium ($22,204 capitalized)

Property tax (est.)$293/mo

Condo fee$693/mo

Total monthly$4,064

Cash Needed to Close

Down payment (5.76%)$33,900

Land transfer tax$16,510

Est. closing costs$4,267

Total cash needed$54,677

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