$849,000

$899,000For salePrice drop↓ $50,000 (6%)

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#606 55 Harbour Square, Toronto (Waterfront Communities) - Single Family for Sale

#606 55 Harbour Square, Toronto (Waterfront Communities), Ontario, M5J2L1

2 beds1 bath parking

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#2903 270 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2N4

For saleJust listed

Today

$509K

#2903 270 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2N4

2 bd1 ba750 ft²+$653/mo

Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$849,000

Toronto

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Description

Fully Renovated From Top To Bottom W/The Finest Luxurious Finishes & Open Concept Layout. Engineered Wood Floors, Italian Custom Kitchen. Rare Find 9 Ft. High Ceiling in the building, Crown Moulding, Pot Lights, Fireplace/Media Wall, Fully Tiled Bath With Walk-In Shower & Upscale Fixtures. Custom Den Makes A Perfect Work Space Or Nursery. 2 Ensuite Walk-In Storage - One Could Be An Additional Office Or Dressing Room. Over 1050 Sq Ft! Maint Fees is very Reasonable Considering Suite Size, Incl All Utilities, Cable TV Even the High Speed Internet! (id:66096)

Property Details

MLS®: C13704680
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: Garage, Other
Fireplace: Yes
Pool: Yes
Condo Fee: $1,084/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,588.52/yr
Listed: 73 days ago

Rooms

Ground level

Foyer: 3.27 x 2.28 meters
Living room: 6.01 x 5.18 meters
Dining room: 6.01 x 5.18 meters
Kitchen: 4.19 x 3.04 meters
Primary Bedroom: 4.11 x 3.5 meters
Den: 4.72 x 2.89 meters
Laundry room: 3.04 x 1.67 meters
Other: 3.88 x 1.82 meters

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

Market Timing

Days on market

73d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$772

List price

$849K

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.

Area context

Neighbourhood profile (M5J)

This home lists at $849,000, about 9.0× the local median household income of $94,000.

Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.

Median household income: $94,000
Population: 16,879
Median age: 33.6
Owner / renter: 43% / 57%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5J)

$849,000· $772/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,900.00

Min 7.06%50%

Mortgage payment$4,375/mo

↳ CMHC premium ($31,564 capitalized)

Property tax (est.)$382/mo

Condo fee$1,084/mo

Total monthly$5,842

Cash Needed to Close

Down payment (7.06%)$59,900

Land transfer tax$26,910

Est. closing costs$5,047

Total cash needed$91,857

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#606 55 Harbour Square, Toronto (Waterfront Communities) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5J)

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