$649,000

For sale

#701 108 Peter Street, Toronto (Waterfront Communities) - Single Family for Sale

#701 108 Peter Street, Toronto (Waterfront Communities), Ontario, M5V2G7

2 beds2 baths0 parking650 ft²$421/mo condo feeListed 27 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $649,000 asking price sits right in line with the $629,900 median in Toronto. It has been on the market 27 days, fresher than the Toronto average of 57 days.

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Description

Enjoy stylish downtown living in this spacious 2-bedroom, 2-bathroom suite at PETER & ADELAIDE. Designed with comfort and functionality in mind, this bright and modern residence offers an excellent layout for professionals, couples, roommates, or anyone looking to enjoy the convenience of city living. Located in the heart of Toronto, you're just moments from the Financial District, Entertainment District, PATH, TTC, top-rated restaurants, cafés, shopping, and some of the city's best attractions. Residents have access to an exceptional collection of amenities, including a fully equipped fitness centre, yoga studio, infrared sauna, co-working lounge, party room, private dining room, demonstration kitchen, outdoor terrace, recreation lounge, and children's play area. Experience the perfect combination of space, lifestyle, and location in one of downtown Toronto's most desirable communities. (id:66096)

Property Details

MLS®: C13884228
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $421/mo
Fee Includes: Insurance
Ownership: Condo/Strata
Property Tax: $3,054.28/yr
Listed: 27 days ago

Rooms

Other

Living room
Dining room
Kitchen
Primary Bedroom
Bedroom 2

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, Microwave
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$999

List price

$649K

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) has been listed for 27 days, which is 30 days fresher than the city average of 57. Act while there is still low competition.

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Listed by KELLER WILLIAMS EDGE REALTY · LIONET HASBURY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $649,000, about 7.1× the local median household income of $91,000.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 39% 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)

$649,000· $999/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$255/mo

Condo fee$421/mo

Total monthly$4,052

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$18,910

Est. closing costs$4,447

Total cash needed$63,257

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