$1,550,000

For saleJust listed

#616 29 Queens Quay East, Toronto (Waterfront Communities) - Single Family for Sale

#616 29 Queens Quay East, Toronto (Waterfront Communities), Ontario, M5E0A4

3 beds3 baths2 parking1,300 ft²$1,116/mo condo feeListed 5 days ago

Overview

This 3-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 5 days, fresher than the Toronto average of 57 days.

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Description

Client RemarksExperience luxury living in this stunning 3 bedroom, 3 bathroom condo at Pier 27, featuring breathtaking lake views wake up to spectacular sunrises over the water. With 10' high ceilings, hardwood floors, and floor-to-ceiling windows, this unit is bathed in natural light. The gourmet Miele kitchen boasts quartz countertops, extended cabinetry, a gas cooktop, and valance lighting. The master suite offers a spa-like 5-piece ensuite, a walk-in closet, and balcony access, while the second bedroom includes its own ensuite. Enjoy a large balcony with serene lake views. Residents have access to 5-star amenities, including 24-hour concierge, indoor and outdoor pools, sauna, steam room, gym, and a party/meeting room. Sunrise lake waterfront views. (id:66096)

Property Details

MLS®: C14131658
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Parking: 2
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Fireplace: Yes
Pool: Yes
Waterfront: Yes
Condo Fee: $1,116/mo
Fee Includes: Water, Parking
Ownership: Condo/Strata
Property Tax

Features

Exterior: Concrete
Lot Features: Balcony, In suite Laundry, Sauna

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,193

List price

$1.55M

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 3-bed single family in Toronto (Waterfront Communities) has been listed for 5 days, which is 52 days fresher than the city average of 57. Act while there is still low competition.

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Listed by KELLER WILLIAMS ADVANTAGE REALTY · NATASHA EUTENEIER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $1,550,000, about 15.8× the local median household income of $98,000.

Carrying it typically needs a household income of about $302,769 (20% down, 25-yr amortization, stress-tested) — roughly 209% above the area median.

Median household income: $98,000
Population: 11,779
Median age: 34.4
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5E)

$1,550,000· $1,193/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $310,000

Min 20%50%

Mortgage payment$6,610/mo

Property tax (est.)$653/mo

Condo fee$1,116/mo

Total monthly$8,380

Cash Needed to Close

Down payment (20%)$310,000

Land transfer tax$54,950

Est. closing costs$7,150

Total cash needed$372,100

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