$343,999

For saleJust listed

#527 73 Mccaul Street, Toronto (Kensington-Chinatown) - Single Family for Sale

#527 73 Mccaul Street, Toronto (Kensington-Chinatown), Ontario, M5T2X2

1 bed1 bath0 parking550 ft²$701/mo condo feeListed 2 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 81 days.

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Description

A sunny west facing unit, perfect for first timers or investors. Newly renovated kitchen and bathroom. All new appliances including dishwasher. Built-in closets and custom blinds. Ideally located in the heart of the city, close to Queen shops, Kensington Market and Eaton Centre. Village by the Grange is an established community and well-managed complex, offering convenience and incredible value. Directly across of OCAD and AGO; walk to Universities. Maintenance fee includes Bell FIBE TV/internet, heat, hydro, water, plus year round access to Latern club/gym, seasonal pool. Underground parking and lockers available. With a Walk Score of 99, Transit Score of 100, and Bike Score of 99. MLS Photos were taken while the unit was staged. Please Note that all staging items have been removed for in person showings and some walls have been painted different colours than seen in the photos. (id:66096)

Property Details

MLS®: C14139140
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Pool: Yes
Condo Fee: $701/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,064.06/yr
Listed: 2 days ago

Rooms

Flat

Living room: 4.11 x 3.43 meters
Dining room: 4.11 x 3.43 meters
Kitchen: 2.59 x 2.38 meters
Primary Bedroom: 3.81 x 3.15 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, Microwave, Blinds
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$626

List price

$344K

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 (Kensington-Chinatown) has been listed for 2 days, which is 79 days fresher than the city average of 81. Act while there is still low competition.

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Listed by FOREST HILL REAL ESTATE INC. · PAUL FINLEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $343,999, about 5.6× the local median household income of $61,600.

Carrying it typically needs a household income of about $67,195 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$343,999· $626/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,199.95

Min 5%50%

Mortgage payment$1,812/mo

↳ CMHC premium ($13,072 capitalized)

Property tax (est.)$172/mo

Condo fee$701/mo

Total monthly$2,684

Cash Needed to Close

Down payment (5%)$17,200

Land transfer tax$7,270

Est. closing costs$3,532

Total cash needed$28,002

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