$525,000

For sale

#705 159 Dundas Street East, Toronto (Church-Yonge Corridor) - Single Family for Sale

#705 159 Dundas Street East, Toronto (Church-Yonge Corridor), Ontario, M5B0A9

2 beds2 baths1 parking650 ft²$720/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $525,000, it is attractively priced about 11% below the $588,000 median asking price in Toronto. It has been on the market 15 days, fresher than the Toronto average of 63 days.

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Description

Downtown Energy. Killer Location. A Layout That Actually Works. Welcome to PACE Condos - where the city is literally at your doorstep. This stylish 1+1, 2-bath suite features one of the building's best and most functional layouts, with a versatile den that easily works as a second bedroom, home office or guest space. Plus, an oversized balcony spans the entire width of the suite, giving you even more room to live, lounge and take in the city vibe. Step outside and you're instantly connected to downtown Toronto - Toronto Metropolitan University, UofT, George Brown College, restaurants, cafés, nightlife, shopping and everyday essentials are all just steps away, with TTC right at your door. Stay in and you've got the lifestyle covered too, with a rooftop pool, large gym and party room. And yes - parking + locker are both included, a serious downtown bonus. **EXTRAS** Fridge, stove, hood fan, dishwasher, washer & dryer, window coverings, all light fixtures, parking and locker. (id:66096)

Property Details

MLS®: C14107256
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $720/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,838.88/yr

Rooms

Flat

Living room: 6.88 x 3.21 meters
Dining room: 6.88 x 3.21 meters
Kitchen: 6.88 x 3.21 meters
Primary Bedroom: 4.31 x 2.44 meters
Den: 2.44 x 2.35 meters

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

Features

Appliances: Range, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$808

List price

$525K

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 (Church-Yonge Corridor) has been listed for 15 days, which is 48 days fresher than the city average of 63. Act while there is still low competition.

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Listed by ROYAL LEPAGE SUPREME REALTY · ROBERTA BENDERA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $525,000, about 9.1× the local median household income of $58,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 77% above the area median.

Median household income: $58,000
Population: 17,422
Median age: 31.4
Owner / renter: 28% / 72%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5B)

$525,000· $808/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$320/mo

Condo fee$720/mo

Total monthly$3,798

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$13,950

Est. closing costs$4,075

Total cash needed$45,525

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