$530,000

For sale

#5501 395 Bloor Street East, Toronto (North St. James Town) - Single Family for Sale

#5501 395 Bloor Street East, Toronto (North St. James Town), Ontario, M4W0B4

2 beds1 bath0 parking650 ft²$621/mo condo feeListed 32 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $530,000, it is attractively priced about 18% below the $649,900 median asking price in Toronto. It has been on the market 32 days, fresher than the Toronto average of 66 days.

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Description

Builder's Inventory Sale | HST Rebate Eligible | Fully Furnished Model SuiteA rare opportunity to own a brand-new builder's inventory unit - formerly used as the developer's fully furnished model suite. This hidden gem offers one of the best views in the building, with stunning south-facing panoramic views of the CN Tower and Toronto's spectacular skyline.Featuring an impressive 11-foot ceiling, this bright and spacious unit comes fully furnished with a curated selection of high-end furniture, along with select kitchen appliances and a coffee machine. Just bring your personal belongings and move right in!The versatile den can easily function as a second bedroom or additional living space, making this unit an excellent choice for both end users and investors.Brand new | Fully furnished | 11-ft ceiling | South-facing | CN Tower & city views | HST rebate eligible | Builder's inventoryA truly turnkey opportunity and a rare find in the building! (id:66096)

Property Details

MLS®: C13862036
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $621/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $4,230.42/yr
Listed: 32 days ago

Features

Appliances: Furniture
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

32d

Toronto (North St. James Town) listings, avg age

66d

Price / ft²

$816

List price

$530K

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 (North St. James Town) has been listed for 32 days, which is 34 days fresher than the city average of 66. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · INGRID YING ZHANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4W)

This home lists at $530,000, about 5.1× the local median household income of $104,000.

Carrying it typically needs a household income of about $103,528 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $104,000
Population: 15,296
Median age: 44.8
Owner / renter: 56% / 44%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4W)

$530,000· $816/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $28,000.00

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,080 capitalized)

Property tax (est.)$353/mo

Condo fee$621/mo

Total monthly$3,757

Cash Needed to Close

Down payment (5.28%)$28,000

Land transfer tax$14,150

Est. closing costs$4,090

Total cash needed$46,240

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