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$584,900
Toronto
#524 38 Cameron Street, Toronto (Kensington-Chinatown), Ontario, M5T0C3
This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $584,900, it is attractively priced about 13% below the $675,000 median asking price in Toronto. It has been on the market 36 days, fresher than the Toronto average of 81 days.
If you're going to live downtown, you may as well actually live downtown. This west-facing 1+den, 2-bathroom suite at Queen and Spadina puts you right in the middle of everything, with a great layout to come home to when you've had enough of everything. Inside, you've got custom blinds, a sleek kitchen with built-in appliances, a large primary bedroom with its own en-suite and walk-in closet, plus a den that is actually big enough to be useful. Home office, guest space, extra TV room, whatever works. The building has all the stuff you want without having to leave home: gym, party room, rooftop deck, concierge and visitor parking. And the location is ridiculous. Some of the best restaurants, bars and nightlife in the city are right outside your door. The Horseshoe Tavern is down the street, the Cameron House is around the corner, and Queen West, Kensington Market, Chinatown and King West are all close by. Basically, if you like having great food, live music, drinks and half of downtown Toronto within walking distance, you're going to be pretty happy here. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 36 days on market, against an average age of 81 days across the listings currently for sale in this city
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.
This 2-bed single family in Toronto (Kensington-Chinatown) has been listed for 36 days, which is 45 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $584,900, about 9.5× the local median household income of $61,600.
Carrying it typically needs a household income of about $114,251 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5T)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice