$1,195,000

For sale

#6 48 Granby Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#6 48 Granby Street, Toronto (Church-Yonge Corridor), Ontario, M5B2J5

3 beds3 baths3 parking2,125 ft²$1,572/mo condo feeListed 33 days ago

Overview

This 3-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 2,125 sq ft of space. It has been on the market 33 days, fresher than the Toronto average of 63 days.

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Description

Rare offering in the McGill-Granby Village. This 2200 square foot multi-level townhouse is part of the Lexington Condominium Complex and offers a very unique space on a quiet street steps to the Yonge Street stores and Church - Wellesley Village. It has generously proportioned rooms, and an interior glass atrium with a sheltered garden space, three good sized bedrooms and two full baths. There is a cathedral ceiling in the dining room and the living room overlooks both the dining room and the street. This is a very bright south-facing residence. Being part of the Lexington Condominium, the townhouse owners have full access to all of the amenities including a pool, gym, sauna, business room, running track, billiard room, squash court and much more. Monthly Maintenance fees include all utilities. Bring your design ideas as this unit will require updating throughout but has been priced to reflect this. Downtown living with a private garage and two car drive for under $550 per square foot. Builder floorplans are attached and the status certificate is available. (id:66096)

Property Details

MLS®: C13854400
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 2,125 ft²
Style: Multi-level
Basement: None
Heating: Baseboard heaters, Forced air, Electric, Natural gas
Cooling: Central air conditioning
Garage: Garage
Pool: Yes
Condo Fee: $1,572/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata

Rooms

Second level

Living room: 6.31 x 5.98 meters
Primary Bedroom: 5.9 x 3.89 meters

Main level

Kitchen: 3.73 x 2.6 meters
Family room: 5.9 x 3.31 meters
Dining room: 5.81 x 3.41 meters
Laundry room: 2.44 x 2 meters
Solarium: 4.04 x 3.28 meters

Upper Level

Bedroom 3: 4.16 x 2.81 meters
Bedroom 2: 4.16 x 3.01 meters

Features

Appliances: Garage door opener remote(s), Water Heater
Foundation: Poured Concrete
Exterior: Brick, Shingles
Lot Features: Flat site

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$562

List price

$1.20M

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 3-bed single family in Toronto (Church-Yonge Corridor) has been listed for 33 days, which is 30 days fresher than the city average of 63. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · ROBERT S. FLEISCHMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $1,195,000, about 20.6× the local median household income of $58,000.

Carrying it typically needs a household income of about $233,425 (20% down, 25-yr amortization, stress-tested) — roughly 302% above the area median.

Median household income: $58,000
Population: 17,422
Median age: 31.4
Owner / renter: 28% / 72%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5B)

$1,195,000· $562/ft²

For sale

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Full Cost Breakdown

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Down Payment7.91% · $94,500.00

Min 7.91%50%

Mortgage payment$6,101/mo

↳ CMHC premium ($44,020 capitalized)

Property tax (est.)$359/mo

Condo fee$1,572/mo

Total monthly$8,032

Cash Needed to Close

Down payment (7.91%)$94,500

Land transfer tax$40,750

Est. closing costs$6,085

Total cash needed$141,335

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