$500,000

For sale

#710 12 Bonnycastle Street, Toronto (Waterfront Communities) - Single Family for Sale

#710 12 Bonnycastle Street, Toronto (Waterfront Communities), Ontario, M5A0C8

2 beds2 baths0 parking650 ft²$558/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 $500,000, it is attractively priced about 21% below the $629,900 median asking price in Toronto. It has been on the market 15 days, fresher than the Toronto average of 57 days.

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Description

A rare and highly functional 1+den, 2-bathroom residence in the heart of Toronto's Harbourfront. This exceptional layout features a den with a full door, offering the flexibility of a spacious home office or second bedroom. The suite is filled with natural light and showcases excellent high-end finishes throughout. Enjoy outstanding building amenities, including an incredible rooftop pool, a large fitness centre, party room, theatre, games room, hot tub, steam room, and more! Ideally located steps from the waterfront, Harbourfront, parks, trails, restaurants and transit, this is an opportunity to enjoy one of Toronto's most exciting and evolving neighbourhoods. With continued development and growth transforming the area, this property also presents excellent long-term investment potential. (id:66096)

Property Details

MLS®: C14106404
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Pool: Yes
Condo Fee: $558/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,808.36/yr
Listed

Rooms

Flat

Living room: 6.71 x 3.48 meters
Dining room: 6.71 x 3.48 meters
Kitchen: 6.71 x 3.48 meters
Bedroom: 3.25 x 2.79 meters
Den: 2.74 x 2.08 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, Range, Oven, Dryer, Freezer, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$770

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 2-bed single family in Toronto (Waterfront Communities) has been listed for 15 days, which is 42 days fresher than the city average of 57. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · KEVIN SHAPIRO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $500,000, about 7.0× the local median household income of $71,000.

Carrying it typically needs a household income of about $97,668 (20% down, 25-yr amortization, stress-tested) — roughly 38% 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)

$500,000· $770/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $25,000

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($19,000 capitalized)

Property tax (est.)$234/mo

Condo fee$558/mo

Total monthly$3,426

Cash Needed to Close

Down payment (5%)$25,000

Land transfer tax$12,950

Est. closing costs$4,000

Total cash needed$41,950

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