$499,900

For saleJust listed

#703 3 Gloucester Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#703 3 Gloucester Street, Toronto (Church-Yonge Corridor), Ontario, M4Y0C6

1 bed1 bath0 parking250 ft²$366/mo condo feeListed Today

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $499,900, it is attractively priced about 14% below the $580,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 63 days.

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Description

Experience luxury urban living at The Gloucester on Yonge, ideally situated in the heart of downtown Toronto! Enjoy direct access to Wellesley Subway Station and breathtaking, unobstructed panoramic views. This beautifully designed suite features 9-foot smooth ceilings, a highly efficient layout with no wasted space, and luxurious designer finishes throughout.The building offers an impressive collection of premium amenities, including Concord Biospace technology, advanced water leak detection systems, an elegant and sophisticated lobby, an indoor swimming pool, a world-class fitness centre, and much more.Unbeatable location just minutes from Yorkville, the University of Toronto, Toronto Metropolitan University (formerly Ryerson), and countless dining, shopping, and entertainment options.A rare opportunity to enjoy sophisticated downtown living in an exceptional location. Location, lifestyle, and luxury all in one! (id:66096)

Property Details

MLS®: C14158902
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $366/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,238.05/yr
Listed: Today

Rooms

Flat

Living room: 4.98 x 2.92 meters
Bedroom: 3.3 x 2.74 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, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$2,004

List price

$500K

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 (Church-Yonge Corridor) has been listed for 0 days, which is 63 days fresher than the city average of 63. Act while there is still low competition.

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Listed by REAL LAND REALTY INC. · SHERRY LIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $499,900, about 8.0× the local median household income of $62,400.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 56% above the area median.

Median household income: $62,400
Population: 36,319
Median age: 33.2
Owner / renter: 29% / 72%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA M4Y)

$499,900· $2,004/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$270/mo

Condo fee$366/mo

Total monthly$3,269

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

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