$569,000

For sale

#541 15 Iceboat Terrace, Toronto (Waterfront Communities) - Single Family for Sale

#541 15 Iceboat Terrace, Toronto (Waterfront Communities), Ontario, M5V4A5

2 beds1 bath1 parking650 ft²$626/mo condo feeListed 43 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $569,000, it is attractively priced about 10% below the $629,900 median asking price in Toronto. It has been on the market 43 days, fresher than the Toronto average of 57 days.

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Description

Spacious 1+Den at Parade in CityPlace with Owned Parking & Locker!!! Welcome to Parade at CityPlace - a well-designed one-bedroom plus enclosed den offering flexible living in one of downtown Toronto's most connected neighbourhoods.Unlike many open-concept dens, this one is a true separate room, making it ideal for a home office, guest room, nursery or additional sleeping space. ##The bright living and dining area opens onto a private balcony, creating an easy indoor-outdoor flow.## The primary bedroom features a large window, double closet and convenient semi-ensuite access. ## Additional highlights include ensuite laundry, central air conditioning, north exposure, plus an owned parking space and owned locker, both located on Level B.## Residents enjoy a strong selection of building amenities including an indoor pool, fitness centre, party and meeting rooms, guest suites and visitor parking.## The location puts the best of downtown within easy reach. TTC access is right outside, with The Well, STACKT Market, Rogers Centre and Canoe Landing Park all nearby. Walk south to the waterfront and Martin Goodman Trail, or head north to the restaurants, cafés and nightlife of King West.## Maintenance fees include heat, central air conditioning, water, parking, building insurance and common elements. Hydro and cable are separate. (id:66096)

Property Details

MLS®: C13825378
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $626/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,714/yr
Listed: 43 days ago

Rooms

Ground level

Living room: 2.74 x 2.74 meters
Dining room: 2.74 x 2.74 meters
Kitchen: 3.05 x 3.99 meters
Primary Bedroom: 2.74 x 4.88 meters
Den: 2.71 x 2.48 meters

Flat

Foyer: 1.04 x 2.39 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$876

List price

$569K

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 (Waterfront Communities) has been listed for 43 days, which is 14 days fresher than the city average of 57. Act while there is still low competition.

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Listed by SAPPHIRE REAL ESTATE INC. · MAHESH KHATRI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $569,000, about 6.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 22% 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)

$569,000· $876/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,900.00

Min 5.61%50%

Mortgage payment$2,978/mo

↳ CMHC premium ($21,484 capitalized)

Property tax (est.)$226/mo

Condo fee$626/mo

Total monthly$3,830

Cash Needed to Close

Down payment (5.61%)$31,900

Land transfer tax$15,710

Est. closing costs$4,207

Total cash needed$51,817

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