$1,175,000

For saleJust listed

#613 1 Balmoral Avenue, Toronto (Yonge-St. Clair) - Single Family for Sale

#613 1 Balmoral Avenue, Toronto (Yonge-St. Clair), Ontario, M4V3B9

2 beds2 baths1 parking1,300 ft²$1,810/mo condo feeListed Yesterday

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 1 day, fresher than the Toronto average of 46 days.

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Description

Gracious Midtown Living at Prestigious One Balmoral! Situated in one of Midtown Toronto's most desirable locations, this beautifully proportioned corner suite offers a coveted southeast exposure and an abundance of natural light. Featuring two bedrooms (one currently being used as an office) and two bathrooms in a thoughtfully designed split-bedroom layout, the residence offers an exceptional balance of space, comfort and privacy. Generously sized principal rooms provide a gracious setting for both everyday living and entertaining, while expansive windows create a bright and welcoming atmosphere throughout. An exceptional opportunity to enjoy the generous proportions and timeless appeal of a residence in this prestigious boutique condominium, with the flexibility to personalize the space to your own taste and style. Complete with one parking space and locker, all-inclusive maintenance fees covering utilities, and the added convenience of visitor parking - a welcome luxury in this vibrant urban setting. Enjoy the best of Midtown living, with the shops, restaurants, cafés and conveniences of Yonge and St. Clair at your doorstep and the subway just steps away. The beautiful green spaces of David A. Balfour Park and the scenic Rosedale Ravine trails are nearby, while a leisurely stroll south along Yonge Street takes you towards the heart of downtown Toronto. An exceptional combination of urban convenience, neighbourhood charm and access to nature. (id:66096)

Property Details

MLS®: C14145338
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,810/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $6,153.84/yr
Listed: Yesterday

Rooms

Main level

Living room: 4.17 x 2.69 meters
Dining room: 4.14 x 3.91 meters
Kitchen: 4.55 x 2.41 meters
Primary Bedroom: 5.74 x 3.53 meters
Bedroom 2: 5.16 x 3.02 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, Hood Fan, Window Coverings
Flooring: Hardwood
Exterior: Brick
Lot Features: Balcony, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Yonge-St. Clair) listings, avg age

46d

Price / ft²

$904

List price

$1.18M

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 (Yonge-St. Clair) has been listed for 1 day, which is 45 days fresher than the city average of 46. Act while there is still low competition.

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Listed by EVANS REAL ESTATE · EUGENIA EVANS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4V)

This home lists at $1,175,000, about 11.9× the local median household income of $99,000.

Carrying it typically needs a household income of about $229,519 (20% down, 25-yr amortization, stress-tested) — roughly 132% above the area median.

Median household income: $99,000
Population: 19,273
Median age: 45.2
Owner / renter: 44% / 56%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4V)

$1,175,000· $904/ft²

For sale

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Full Cost Breakdown

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Down Payment7.87% · $92,500

Min 7.87%50%

Mortgage payment$6,002/mo

↳ CMHC premium ($43,300 capitalized)

Property tax (est.)$513/mo

Condo fee$1,810/mo

Total monthly$8,324

Cash Needed to Close

Down payment (7.87%)$92,500

Land transfer tax$39,950

Est. closing costs$6,025

Total cash needed$138,475

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