$629,000

$659,000For salePrice drop↓ $30,000 (5%)

#702 36 Charlotte Street, Toronto (Waterfront Communities) - Single Family for Sale

#702 36 Charlotte Street, Toronto (Waterfront Communities), Ontario, M5V3P7

1 bed1 bath1 parking750 ft²$927/mo condo feeListed 20 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $629,000 asking price sits right in line with the $629,900 median in Toronto. It has been on the market 20 days, fresher than the Toronto average of 57 days.

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Description

If boutique and loft are your favorite words then this is the place for you! Welcome to Charlotte Lofts, an intimate 63 suite building located on a quiet side street in the heart of city! This 2 level loft will welcome you home with tons of light from the 16' double height floor to ceiling windows. You'll love to entertain family and guests in your large kitchen which has an oversized counter with breakfast bar, undermounted sink and full size appliances. The large living area opens up to your own private terrace to enjoy those summer days and beautiful evening sunset city views. Upstairs you'll find an oversized bedroom with large closet as well as a full bath.The building features a rooftop exercise room/gym, rooftop lounge deck with panoramic downtown views, party and meeting room and visitor parking. With a walk score and transit score of 100 everything you can possibly imagine is at your doorstep. This city's best cafe's, resto's and lounges are a short stroll away. Grocery stores, the LCBO, Roy Thompson Hall, parks, the waterfront, the Well, Waterworks Food Hall and numerous gyms are all just a few mins walking distance. Situated in the heart of King West close to the financial district, Chinatown and Queen West with amazing TTC service and great highway access. 1 Parking space included. (id:66096)

Property Details

MLS®: C14089376
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $927/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,084.59/yr
Listed: 20 days ago

Rooms

Second level

Bedroom: 0.01 x 0.01 meters
Bathroom: 0.01 x 0.01 meters

Main level

Kitchen: 0.01 x 0.01 meters
Living room: 0.01 x 0.01 meters
Dining room: 0.01 x 0.01 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Dryer, Blinds
Foundation: Concrete
Exterior: Concrete, Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$839

List price

$629K

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 (Waterfront Communities) has been listed for 20 days, which is 37 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · MARTIN KICINSKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $629,000, about 6.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $122,866 (20% down, 25-yr amortization, stress-tested) — roughly 35% 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)

$629,000· $839/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $37,900

Min 6.03%50%

Mortgage payment$3,277/mo

↳ CMHC premium ($23,644 capitalized)

Property tax (est.)$257/mo

Condo fee$927/mo

Total monthly$4,461

Cash Needed to Close

Down payment (6.03%)$37,900

Land transfer tax$18,110

Est. closing costs$4,387

Total cash needed$60,397

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