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$499,000
Toronto
Times shown are local to the property.
#627 111 Elizabeth Street, Toronto (Bay Street Corridor), Ontario, M5G1P7
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $499,000, it is attractively priced about 26% below the $672,000 median asking price in Toronto. It has been on the market 6 days, fresher than the Toronto average of 60 days.
Welcome to 111 Elizabeth Street, Suite 627! This beautifully renovated 1-bedroom suite offers a spacious layout, modern finishes and an unbeatable downtown location at Bay & Dundas. It features floor-to-ceiling windows, a private balcony, new laminate flooring with light oak finishing, fresh paint and updated lighting throughout. The renovated kitchen boasts sleek countertops, a contemporary backsplash, brand-new top-of-the-line appliances with 5-year warranties and a dedicated dining area. The exceptionally wide living room offers ample space for lounging, entertaining and working from home. Generously sized bedroom accommodates a queen bed and features his-and-hers closets. Updated 4-piece bathroom includes a modern vanity, LED-lit mirror with additional storage. Unit 627 comes with one owned underground parking and an oversized owned locker. Fantastic building amenities include a concierge, gym, indoor pool, party room and rooftop terrace. It is steps to Longo's, Canadian Tire, Eaton Centre, Toronto Metropolitan University, major hospitals, government buildings, City Hall, transit, restaurants, cafes and endless shopping and entertainment. An ideal opportunity for first-time buyers, professionals or investors seeking a turnkey home in the heart of the city! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 6 days on market, against an average age of 60 days across the listings currently for sale in this city
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.
This 1-bed single family in Toronto (Bay Street Corridor) has been listed for 6 days, which is 54 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 7.4× the local median household income of $67,500.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 44% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5G)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice