$514,900

For sale

#613 25 Oxley Street, Toronto (Waterfront Communities) - Single Family for Sale

#613 25 Oxley Street, Toronto (Waterfront Communities), Ontario, M5V2J5

1 bed1 bath0 parking550 ft²$383/mo condo feeListed 28 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $514,900, it is attractively priced about 18% below the $629,900 median asking price in Toronto. It has been on the market 28 days, fresher than the Toronto average of 57 days.

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Description

Loft character, outdoor space and the best of King West at your doorstep. Welcome to Glas Condominiums, where this one-bedroom, one-bathroom suite offers a spacious interior living plus a generous 155 sq. ft. balcony. Enjoy very low maint. Fees of just $383 per month. Freshly painted and updated with Nine-foot exposed concrete ceilings, floor-to-ceiling windows and engineered hardwood floors create a bright, contemporary setting. The kitchen features European cabinetry, quartz countertops and a gas stove, with an open living area that connects directly to the balcony. The large bedroom accommodates a full-sized desk, providing a comfortable setup for working from home. Enjoy morning coffee, outdoor dining or summer BBQs with the convenience of a natural gas hookup. Set just off King Street West, this address puts restaurants, cafés, shopping, theatres and streetcar service within easy reach, with Queen West and the Financial District nearby. A downtown home that brings together distinctive design and room to enjoy the outdoors. (id:66096)

Property Details

MLS®: C13878922
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Style: Loft
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $383/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,458/yr
Listed: 28 days ago

Rooms

Ground level

Living room: 3.96 x 5.06 meters
Dining room: 3.96 x 5.06 meters
Kitchen
Primary Bedroom: 3.96 x 3.14 meters
Other: 8.16 x 1.77 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, Gas stove(s), Dishwasher, Dryer, Microwave, Blinds
Flooring: Concrete, Hardwood
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$937

List price

$515K

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 1-bed single family in Toronto (Waterfront Communities) has been listed for 28 days, which is 29 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · JESSIE BANWAIT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $514,900, about 5.7× the local median household income of $91,000.

Carrying it typically needs a household income of about $100,578 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$514,900· $937/ft²

For sale

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Full Cost Breakdown

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Down Payment5.14% · $26,490

Min 5.14%50%

Mortgage payment$2,708/mo

↳ CMHC premium ($19,536 capitalized)

Property tax (est.)$205/mo

Condo fee$383/mo

Total monthly$3,296

Cash Needed to Close

Down payment (5.14%)$26,490

Land transfer tax$13,546

Est. closing costs$4,045

Total cash needed$44,081

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