$579,000

For sale

#612 1171 Queen Street West, Toronto (Little Portugal) - Single Family for Sale

#612 1171 Queen Street West, Toronto (Little Portugal), Ontario, M6J0A5

2 beds1 bath0 parking650 ft²$566/mo condo feeListed 16 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 16 days, fresher than the Toronto average of 71 days.

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Description

Welcome to the terrific Bohemian Embassy with newly renovated lobby, concierge desk, hallways & doors to the suites. Floor to ceiling windows flood this lovely suite with light. Walkout to the balcony with west exposure & gorgeous sunset views. The kitchen has refaced cupboards and an island with quartz countertop. The primary bed room has a walk-in closet and sliding, glass doors for privacy and light. Walk out the front door to everything that Queen West has to offer. Terrific restaurants, cafes, galleries, boutiques & specialty shops. Walk ten minutes to Trinity Bellwoods Park and pick up farm fresh produce from the farmers market, every Tuesday afternoon from May to October. Cycle and walk on the West Toronto Railpath. TTC at the front door.*Photographs are from a previous staging.* (id:66096)

Property Details

MLS®: C14101224
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $566/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,927.8/yr
Listed: 16 days ago

Rooms

Flat

Living room: 6.33 x 3.35 meters
Dining room: 6.33 x 3.35 meters
Kitchen: 3.65 x 2.19 meters
Primary Bedroom: 3.04 x 2.92 meters
Den: 2.8 x 2.13 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
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Little Portugal) listings, avg age

71d

Price / ft²

$891

List price

$579K

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 (Little Portugal) has been listed for 16 days, which is 55 days fresher than the city average of 71. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · CHRISTINE M. LOUIE-BYNE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $579,000, about 6.4× the local median household income of $90,000.

Carrying it typically needs a household income of about $113,099 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$579,000· $891/ft²

For sale

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Full Cost Breakdown

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Down Payment5.68% · $32,900

Min 5.68%50%

Mortgage payment$3,028/mo

↳ CMHC premium ($21,844 capitalized)

Property tax (est.)$244/mo

Condo fee$566/mo

Total monthly$3,838

Cash Needed to Close

Down payment (5.68%)$32,900

Land transfer tax$16,110

Est. closing costs$4,237

Total cash needed$53,247

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