$499,000

$549,000For salePrice drop↓ $50,000 (9%)

#608 65 Scadding Avenue, Toronto (Waterfront Communities) - Single Family for Sale

#608 65 Scadding Avenue, Toronto (Waterfront Communities), Ontario, M5A4L1

4 beds2 baths0 parking1,100 ft²$1,236/mo condo feeListed 37 days ago

Overview

This 4-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $499,000, it is attractively priced about 21% below the $629,900 median asking price in Toronto. It has been on the market 37 days, fresher than the Toronto average of 57 days.

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Description

Spacious 3-Bedroom + Den in the Heart of St. Lawrence Market! Unit 608 is a rare, generously sized suite offering 1,038 sq. ft. of functional living space in one of downtown's most convenient locations. This bright 3-bedroom plus den offers a large kitchen with ample storage, and a versatile den perfect for a home office or play area. The large bedrooms are perfect for raising a family. With a locker. Well-managed building with 24-hour concierge, indoor pool, gym, party room, and more. Steps to St. Lawrence Market, The Esplanade, Distillery District, Union Station, the waterfront, schools, and shops. Locker included. Your ideal downtown family home or spacious condo upgrade awaits! (id:66096)

Property Details

MLS®: C13843236
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 0
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: Underground, No Garage
Pool: Yes
Condo Fee: $1,236/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,084.59/yr

Rooms

Main level

Primary Bedroom: 4.61 x 3.38 meters
Bedroom 2: 2.38 x 2.92 meters
Living room: 4.3 x 4.61 meters
Dining room: 3.53 x 4 meters
Solarium: 2.33 x 1.92 meters
Kitchen: 3.38 x 2.38 meters

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

Features

Flooring: Tile, Laminate
Exterior: Concrete
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$454

List price

$499K

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 4-bed single family in Toronto (Waterfront Communities) has been listed for 37 days, which is 20 days fresher than the city average of 57. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · JULIAN KASHANI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $499,000, about 7.0× the local median household income of $71,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 37% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$499,000· $454/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$257/mo

Condo fee$1,236/mo

Total monthly$4,121

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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