$688,000

For sale

#705 70 Mill Street, Toronto (Waterfront Communities) - Single Family for Sale

#705 70 Mill Street, Toronto (Waterfront Communities), Ontario, M5A4R1

3 beds2 baths1 parking1,100 ft²$1,257/mo condo feeListed 23 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 23 days, fresher than the Toronto average of 57 days.

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Description

Rarely available 1,058 square foot corner unit floor plan in the highly sought-after Lindenwood at 70 Mill Street. This exceptionally spacious 2-bedroom, 2-bathroom, split bedroom layout offers maximum privacy, a highly functional layout, and steady natural light from its north and east-facing windows. Perfect for urban professionals, downsizers, or young families wanting true house-sized proportions in the heart of the historic Distillery District. Features a large primary bedroom with an ensuite, a generous second bedroom, and a separate den space equipped with a rare double closet-ideal for a premium home office, guest space, or supplemental storage. Some photos have been virtually staged to showcase the unit's open-concept living and dining area that is tailor-made for entertaining. Includes 1 underground parking space and 1 storage locker. Exceptionally well-managed building with low-overhead amenities and all-inclusive maintenance fees (heat, hydro, and water are all covered!). Steps to the 504 King Streetcar, Corktown Common, St. Lawrence Market, and Toronto's best patio scenes. Just move in and enjoy! (id:66096)

Property Details

MLS®: C14030882
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,257/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,667.75/yr
Listed: 23 days ago

Rooms

Flat

Living room: 4.75 x 2.56 meters
Dining room: 3.45 x 3.83 meters
Kitchen: 2.61 x 3.66 meters
Primary Bedroom: 5.48 x 2.64 meters
Bedroom 2: 3.7 x 3.04 meters
Den: 1.61 x 2.75 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: Hardwood, Vinyl
Exterior: Brick
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$626

List price

$688K

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 3-bed single family in Toronto (Waterfront Communities) has been listed for 23 days, which is 34 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD. · MATT EMERSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $688,000, about 9.7× the local median household income of $71,000.

Carrying it typically needs a household income of about $134,390 (20% down, 25-yr amortization, stress-tested) — roughly 89% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$688,000· $626/ft²

For sale

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Full Cost Breakdown

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Down Payment6.37% · $43,800

Min 6.37%50%

Mortgage payment$3,572/mo

↳ CMHC premium ($25,768 capitalized)

Property tax (est.)$306/mo

Condo fee$1,257/mo

Total monthly$5,134

Cash Needed to Close

Down payment (6.37%)$43,800

Land transfer tax$20,470

Est. closing costs$4,564

Total cash needed$68,834

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