$589,900

For sale

#602 630 Queen Street East, Toronto (South Riverdale) - Single Family for Sale

#602 630 Queen Street East, Toronto (South Riverdale), Ontario, M4M1G3

2 beds1 bath1 parking650 ft²$797/mo condo feeListed 36 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $589,900, it is attractively priced about 9% below the $649,999 median asking price in Toronto. It has been on the market 36 days, fresher than the Toronto average of 49 days.

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Description

Super-stylish and extensively upgraded 1+1-bedroom corner suite in one of Riverside's most sought-after boutique loft buildings, Sync Lofts! Spectacular north and west facing views of the Toronto skyline and an exceptional indoor-outdoor lifestyle rarely found in the city. Thoughtfully designed, the versatile den functions perfectly as a home office or guest room and includes a custom Murphy bed (10k upgrade) for added flexibility. The modern kitchen features stainless steel appliances, sleek finishes, and an open-concept layout ideal for entertaining. Balcony off the living area The purchase price also includes an owned parking space, owned locker, and owned bike storage locker-an uncommon combination in a downtown loft building. Located at the gateway to Toronto's vibrant east end, Sync Lofts places you steps from the shops, cafés, restaurants, and nightlife of Riverside and Leslieville, while Corktown, The Distillery District, St. Lawrence Market, and the downtown core are all within easy walking distance. Commuters will appreciate the outstanding 98 Walk Score and Transit Score, with two streetcar lines at your doorstep and quick access to the DVP, Gardiner Expressway, and downtown business district. Urban loft living at its finest! (id:66096)

Property Details

MLS®: E13849086
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Style: Loft
Basement: None
Heating: Heat Pump, Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $797/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $3,167/yr
Listed: 36 days ago

Rooms

Ground level

Bedroom: 3.23 x 2.72 meters
Kitchen: 3.51 x 2.05 meters
Living room: 3.52 x 2.8 meters
Den: 5.56 x 2.03 meters
Dining room: 2.7 x 2.95 meters

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, Window Coverings
Foundation: Concrete
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (South Riverdale) listings, avg age

49d

Price / ft²

$908

List price

$590K

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 (South Riverdale) has been listed for 36 days, which is 13 days fresher than the city average of 49. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · MATTHEW CASSELMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4M)

This home lists at $589,900, about 6.0× the local median household income of $99,000.

Carrying it typically needs a household income of about $115,228 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.

Median household income: $99,000
Population: 25,052
Median age: 38.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$589,900· $908/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,990.00

Min 5.76%50%

Mortgage payment$3,082/mo

↳ CMHC premium ($22,236 capitalized)

Property tax (est.)$264/mo

Condo fee$797/mo

Total monthly$4,143

Cash Needed to Close

Down payment (5.76%)$33,990

Land transfer tax$16,546

Est. closing costs$4,270

Total cash needed$54,806

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