$499,900

For sale

#528 109 Front Street East, Toronto (Waterfront Communities) - Single Family for Sale

#528 109 Front Street East, Toronto (Waterfront Communities), Ontario, M5A4P7

1 bed2 baths1 parking750 ft²$850/mo condo feeListed 12 days ago

Overview

This 1-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 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 12 days, fresher than the Toronto average of 57 days.

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Description

Presenting a fantastic opportunity to own a spacious 768 square foot condominium in the highly sought-after St Lawrence Market neighborhood. Tons of natural light pouring in from the open-concept layout that is enhanced by the two storey floor to ceiling windows offering an abundance of natural light throughout the day and inner courtyard tree lined views. The primary bedroom is particularly impressive, featuring a spacious walk-in closet along with ensuite washroom and enough space for a king size bed and office setup. The unit also has a convient main floor powder room and comes with a parking spot and locker. The maintenance fees cover water, heat, and hydro. Residents of this building enjoy easy access to the Garidiner, are within walking distance of the subway and all other Toronto amenities. Move and live in a unit meticulously maintained by its original owners. (id:66096)

Property Details

MLS®: C14109854
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $850/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,280.28/yr
Listed: 12 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$667

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 12 days, which is 45 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · STEVEN FIGOL

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· $667/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.)$273/mo

Condo fee$850/mo

Total monthly$3,756

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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