$1,223,000

For sale

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#7108 138 Downes Street, Toronto (Waterfront Communities) - Single Family for Sale

#7108 138 Downes Street, Toronto (Waterfront Communities), Ontario, M5E0E4

3 beds2 baths1 parking ft²

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$525K

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#2903 270 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2N4

For saleJust listed

Today

$509K

#2903 270 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2N4

2 bd1 ba750 ft²+$653/mo

Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$1,223,000

Toronto

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$967/mo condo fee

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 16 days, fresher than the Toronto average of 57 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Assignment Opportunity At Sugar Wharf Condominiums By Menkes! Unique South Exposure Unit. Beautiful "Pacific" Model. 917 Sf Interior & 114 Sf Balcony Open Concept 2 Bedroom+ Den & 2Full Bathrooms with Luxurious Finishes. Prime Location! Steps Away From Sugar Beach, Employment, Shops & Restaurants. Farm Boy, Loblaws & Lcbo. Direct Access To Future Path &School. Live In The Best And The Largest Toronto Waterfront Community. The Lake. The Life. The City. Brand New Stainless Steel Appliances: Stove, Fridge, Microwave, Dishwasher. Washer & Dryer. Vertical Blinds & Parking. (id:66096)

Property Details

MLS®: C14094944
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $967/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $5,624.39/yr
Listed: 16 days ago

Rooms

Flat

Living room: 3.23 x 2.98 meters
Dining room: 4.75 x 3.74 meters
Primary Bedroom: 3.35 x 2.74 meters
Bedroom 2: 3.04 x 3.04 meters
Den: 3 x 2.43 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, Microwave, Blinds
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,288

List price

$1.22M

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 16 days, which is 41 days fresher than the city average of 57. Act while there is still low competition.

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Listed by REMAX YC REALTY · YOON CHOI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $1,223,000, about 12.5× the local median household income of $98,000.

Carrying it typically needs a household income of about $238,895 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.

Median household income: $98,000
Population: 11,779
Median age: 34.4
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5E)

$1,223,000· $1,288/ft²

For sale

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Full Cost Breakdown

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Down Payment7.96% · $97,300

Min 7.96%50%

Mortgage payment$6,241/mo

↳ CMHC premium ($45,028 capitalized)

Property tax (est.)$469/mo

Condo fee$967/mo

Total monthly$7,677

Cash Needed to Close

Down payment (7.96%)$97,300

Land transfer tax$41,870

Est. closing costs$6,169

Total cash needed$145,339

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice