$375,000

For sale

#526 47 Lower River Street, Toronto (Moss Park) - Single Family for Sale

#526 47 Lower River Street, Toronto (Moss Park), Ontario, M5A0G1

1 bed1 bath0 parking250 ft²$337/mo condo feeListed 20 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $375,000, it is attractively priced about 35% below the $574,900 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 61 days.

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Description

Stylish Jr. 1-Bedroom + Study at River City 1! Features 9' exposed concrete ceilings, floor-to-ceiling windows and glass doors, engineered hardwood flooring, and a modern designer kitchen with stainless steel appliances and quartz countertops. Enjoy resort-style amenities including a swimming pool and fitness centre, plus 23 acres of public parks, including 19-acre Don River Park and scenic trails. Steps to TTC, restaurants, shopping, and everyday amenities, with easy access to the DVP and downtown core. Walk to the Distillery District, Corktown, and St. Lawrence Market. Experience contemporary urban living at its finest! (id:66096)

Property Details

MLS®: C14084546
Property Type: Single Family
Zoning: Residential
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $337/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,179.17/yr

Rooms

Flat

Living room: 5 x 3.81 meters
Dining room: 5 x 3.81 meters
Kitchen: 5 x 3.81 meters
Primary Bedroom: 2.71 x 3.03 meters
Study: 2.31 x 1.94 meters
Bathroom: 2.32 x 1.78 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, Microwave, Hood Fan
Flooring: Hardwood, Porcelain Tile
Foundation: Poured Concrete
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$1,503

List price

$375K

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 (Moss Park) has been listed for 20 days, which is 41 days fresher than the city average of 61. Act while there is still low competition.

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Listed by TRON REALTY INC. · MARCOS CHANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $375,000, about 5.3× the local median household income of $71,000.

Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — roughly 3% 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)

$375,000· $1,503/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,750

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,250 capitalized)

Property tax (est.)$182/mo

Condo fee$337/mo

Total monthly$2,494

Cash Needed to Close

Down payment (5%)$18,750

Land transfer tax$8,200

Est. closing costs$3,625

Total cash needed$30,575

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