$465,000
Toronto
#609 70 Princess Street, Toronto (Waterfront Communities), Ontario, M5A0X6
This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $465,000, it is attractively priced about 26% below the $629,900 median asking price in Toronto. It has been on the market 36 days, fresher than the Toronto average of 57 days.
It's hard to compete with this 535 square foot space idyllically located at Front Street East and Sherbourne. The reputable Pemberton has maximized the 1 bedroom + den, and 1 bath unit, with 9 foot high ceilings and extra wide premium 7" laminate floors throughout. Exterior facing, the unit is brightly lit with tons of natural light highlighted by both floor-to-ceiling windows and a living room balcony. Roller shades for all windows included for privacy. Kitchen features include custom-style cabinetry, quartz countertop, under cabinet lighting, subway-style tile backsplash, under-mounted stainless-steel sink with single lever pull-out facet, and stainless-steel appliance package (counter-depth refrigerator, built-in oven, dishwasher, built-in combination microwave range hood). Enjoy the bedroom's useful mirrored closet doors and ventilated closet shelving. Get acquainted with the bathroom's soaker tub, full-wall bathroom mirror, custom shelf, quartz counters and elongated toilet. Den functions as a flexible space to meet your at-home needs for work or hosting guests, etc. Convenient in-unit stacked washer + dryer included. Abundant amenities include 24-hour concierge, a fitness centre (with weight, cardio, and yoga/pilates rooms), theatre room, games room, outdoor terrace and dining area with BBQs, party room, and infinity edge pool with private cabanas. With a 99/100 walk score and 100/100 transit score nothing is far: The Distillery District, St. Lawrence Market, Union Station, Upcoming Ontario Subway line, coffee shops (Aroma Espresso Bar, Starbucks, Balzacs, Neo Coffee Bar), post-secondary institutions (George Brown College, Ryerson University), groceries (Metro, Loblaws, LCBO), + many nearby parks. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 36 days on market, against an average age of 57 days across the listings currently for sale in this city
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.
This 2-bed single family in Toronto (Waterfront Communities) has been listed for 36 days, which is 21 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $465,000, about 6.5× the local median household income of $71,000.
Carrying it typically needs a household income of about $90,831 (20% down, 25-yr amortization, stress-tested) — roughly 28% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5A)
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