$1,029,000

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#620 550 Front Street West, Toronto (Waterfront Communities) - Single Family for Sale

#620 550 Front Street West, Toronto (Waterfront Communities), Ontario, M5V3N5

2 beds2 baths1 parking$1,053/mo condo feeListed 203 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale.

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Description

Welcome To Suite 620 At Portland Park Village - A Unique Opportunity & One Of A Kind Condo In The Popular King West Area. This Well Maintained One Bedroom + Den Suite Comprises 1215 Sq Ft Of Interior Space & Accounts For The Entire East Side Of The Building. An Additional 437 Sq Ft Of Private Outdoor Terrace With Upgraded Glass Railing, Three Separate Walk-Outs, Natural Gas BBQ, 30 Foot Automatic Retractable Awning & A 3-Seat Hot Tub Adds To Maximum Outdoor Enjoyment. East Facing Cityscape Views Include The CN Tower & The Rogers Centre. NOTE The Entire Living Space Is Located On One Floor Offering An Easy, Open Concept Living Experience. The Spacious Kitchen Includes Full-Sized Stainless Appliances, Granite Countertops, Ample Storage & A Breakfast Bar Ideal For Entertaining. There Are 2 Gas Fireplaces, Primary Bedroom & Living Room, & 2 Bathrooms, A 5 Piece Ensuite Bathroom With Jacuzzi Tub In The Primary Bedroom & A 3 Piece Centrally Located Bathroom. The Plus Bedroom/Den Is Perfect For A Home Office Or Guest Space With A Built-In Double Murphy Bed & Built-In Cabinets. 9ft Ceilings Throughout & 7 Windows Provide Abundant Natural Light. Includes One Prime Parking Spot & Premium Storage Locker Adjacent To Parking & Close To Elevator. Building Amenities Include A Well Equipped Fitness Centre. Security 7 Days Per Week 10PM to 6AM. Ideally Located In Downtown Toronto Close To Victoria Memorial Park, The Well, Canoe Landing Community Centre, Historic Fort York & Hospitals Including Toronto General, Toronto Western & Mount Sinai. Portland Park Village Is Close To Shopping, Dining, Entertainment, Transit, Schools, Financial & Landmark Venues. This Is A Must See! (id:66096)

Property Details

MLS®: C13002046
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $1,053/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,360.82/yr
Listed: 203 days ago

Rooms

Flat

Living room: 8.03 x 3.53 meters
Dining room: 2.84 x 2.84 meters
Kitchen: 4.44 x 2.69 meters
Primary Bedroom: 5.61 x 2.82 meters
Den: 2.51 x 2.08 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, Hot Tub, Whirlpool, Barbeque, Gas stove(s), Dishwasher, Dryer, Microwave, Blinds, Furniture, Window Coverings, Water Heater
Flooring: Hardwood, Carpeted
Exterior: Concrete, Stone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

203d

Toronto (Waterfront Communities) listings, avg age

57d

List price

$1.03M

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 (Waterfront Communities) 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 ROYAL LEPAGE REALTY PLUS · DAVID COBBAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $1,029,000, about 11.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $201,000 (20% down, 25-yr amortization, stress-tested) — roughly 121% 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)

$1,029,000

For sale

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Full Cost Breakdown

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Down Payment7.57% · $77,900

Min 7.57%50%

Mortgage payment$5,273/mo

↳ CMHC premium ($38,044 capitalized)

Property tax (est.)$280/mo

Condo fee$1,053/mo

Total monthly$6,606

Cash Needed to Close

Down payment (7.57%)$77,900

Land transfer tax$34,110

Est. closing costs$5,587

Total cash needed$117,597

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#620 550 Front Street West, Toronto (Waterfront Communities) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5V)

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Full Cost Breakdown

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