$1,425,000

For sale

#602 761 Queen Street East, Toronto (South Riverdale) - Single Family for Sale

#602 761 Queen Street East, Toronto (South Riverdale), Ontario, M4M1H3

2 beds2 baths1 parking1,100 ft²$871/mo condo feeListed 12 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 12 days, fresher than the Toronto average of 47 days.

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Description

* Huge HST Savings | Direct Builder Sale * This newly completed 2 bedroom+den suite offers 1134sf of bright interiors and a sprawling private terrace. Set within an intimate building of just 28 suites and ideally positioned within two of Toronto's most vibrant neighbourhoods, Riverside and Leslieville, Biblio Lofts offers convenient access to transit, parks, shops, and everyday amenities. Premium finishes throughout, including an upgraded Scavolini kitchen with Miele appliances, herringbone hardwood flooring in the living area, large spa-inspired baths, including a primary ensuite, and an rare private terrace complete with gas service with clear views to the north, east, and west. Ample in-suite storage. Excellent building amenities, including a gym, social room and a large rooftop terrace. Parking included. Locker available. Full Tarion warranty. Furnished photos are virtually staged. (id:66096)

Property Details

MLS®: E14109802
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Other
Condo Fee: $871/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Listed: 12 days ago

Rooms

Flat

Living room: 5.21 x 3.61 meters
Dining room: 5.21 x 2.41 meters
Kitchen: 5.21 x 2.41 meters
Den: 3.18 x 2.24 meters
Primary Bedroom: 3.18 x 3 meters
Bedroom 2: 2.77 x 2.59 meters
Other: 8.84 x 3.35 meters

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

Features

Appliances: Range, Oven - Built-In
Flooring: Hardwood
Exterior: Brick Facing
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Toronto (South Riverdale) listings, avg age

47d

Price / ft²

$1,296

List price

$1.43M

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 12 days, which is 35 days fresher than the city average of 47. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · PAUL JOHNSTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4M)

This home lists at $1,425,000, about 14.4× the local median household income of $99,000.

Carrying it typically needs a household income of about $278,352 (20% down, 25-yr amortization, stress-tested) — roughly 181% 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)

$1,425,000· $1,296/ft²

For sale

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Full Cost Breakdown

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Down Payment8.25% · $117,500.00

Min 8.25%50%

Mortgage payment$7,249/mo

↳ CMHC premium ($52,300 capitalized)

Est. property tax$0/mo

Condo fee$871/mo

Total monthly$8,120

Cash Needed to Close

Down payment (8.25%)$117,500

Land transfer tax$49,950

Est. closing costs$6,775

Total cash needed$174,225

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