$699,000

$720,000For salePrice drop↓ $21,000 (3%)

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#614 637 Lake Shore Boulevard West, Toronto (Niagara) - Single Family for Sale

#614 637 Lake Shore Boulevard West, Toronto (Niagara), Ontario, M5V3J6

1 bed1 bath1 parking650 ft²$555/mo condo feeListed 66 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space.

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Description

Located in the iconic Tip Top Lofts, this stylish 2-level loft offers an exceptional blend of historic character and modern design in one of Toronto's most recognizable Art Deco buildings. Thoughtfully renovated throughout, this 638 square foot suite features an updated kitchen and bathroom with sleek contemporary finishes, creating a polished and functional living space with true loft appeal. The open-concept layout is enhanced by soaring ceilings, 2-storey windows, and a bright north-west exposure that fills the space with natural light. A standout feature of the unit is the fabulous oversized private TERRACE, offering an incredible extension of the living space and the perfect setting for outdoor dining, entertaining, or relaxing while enjoying open city views. Complete with one parking space, this suite offers both style and convenience in an unbeatable waterfront location.Residents of Tip Top Lofts enjoy premium amenities including a fitness centre, concierge, visitor parking, all just steps to the waterfront trails, the Bentway, Coronation Park, Billy Bishop Airport, transit, and the vibrant shops and restaurants of downtown Toronto. (id:66096)

Property Details

MLS®: C13730508
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Style: Loft
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $555/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,910.78/yr
Listed: 66 days ago

Rooms

Main level

Living room: 3.03 x 3.31 meters
Dining room: 3.44 x 3.31 meters
Foyer: 1.84 x 1.47 meters
Kitchen: 3.41 x 1.83 meters
Other: 3.25 x 3.31 meters

Second level

Bedroom: 5.2 x 3.31 meters
Bathroom: 1.78 x 3.31 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, Freezer, Window Coverings
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

66d

Toronto (Niagara) listings, avg age

48d

Price / ft²

$1,076

List price

$699K

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 (Niagara) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · ASHLEY EIKERMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $699,000, about 7.7× the local median household income of $91,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 50% 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)

$699,000· $1,076/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$243/mo

Condo fee$555/mo

Total monthly$4,424

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$20,910

Est. closing costs$4,597

Total cash needed$70,407

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#614 637 Lake Shore Boulevard West, Toronto (Niagara) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5V)

Book a showing

Full Cost Breakdown