$629,900

For saleJust listed

#539 38 Grand magazine Street, Toronto (Niagara) - Single Family for Sale

#539 38 Grand magazine Street, Toronto (Niagara), Ontario, M5V0B1

2 beds2 baths1 parking750 ft²$721/mo condo feeListed Today

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $629,900 asking price sits right in line with the $619,000 median in Toronto. It has been on the market 0 days, fresher than the Toronto average of 48 days.

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Description

Client RemarksWelcome to 38 Grand Magazine - where city living meets a resort-style vibe! This bright and spacious 1+den (den can be 2nd bedroom), 2 full bathroom suite features an incredible layout and a massive terrace looking out onto the outdoor pool - perfect for morning coffee or relaxing summer evenings. Even better, the terrace offers direct access to the outdoor pool and BBQ area, making it feel like your own private getaway right at home.The versatile den easily works as a second bedroom or a stylish home office, giving you great flexibility. Enjoy a modern kitchen with granite countertops and stainless steel appliances. Residents enjoy fantastic amenities including a fitness centre, party room, concierge, and visitor parking - everything you need for easy, elevated urban living. Set in one of the city's most vibrant neighbourhoods, you're just minutes to parks, shopping, restaurants, and everyday essentials plus the convenience of a streetcar right outside your door with direct access to Union Station. A perfect blend of comfort, convenience, and lifestyle! (id:66096)

Property Details

MLS®: C14155134
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $721/mo
Fee Includes: Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,954.15/yr
Listed: Today

Rooms

Flat

Living room
Dining room
Kitchen
Primary Bedroom
Den

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, Blinds
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Niagara) listings, avg age

48d

Price / ft²

$840

List price

$630K

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 (Niagara) has been listed for 0 days, which is 48 days fresher than the city average of 48. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · SIMON BIN XU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $629,900, about 6.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $123,042 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$629,900· $840/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $37,990

Min 6.03%50%

Mortgage payment$3,282/mo

↳ CMHC premium ($23,676 capitalized)

Property tax (est.)$246/mo

Condo fee$721/mo

Total monthly$4,249

Cash Needed to Close

Down payment (6.03%)$37,990

Land transfer tax$18,146

Est. closing costs$4,390

Total cash needed$60,526

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