$435,000

For sale

#712E 36 Lisgar Street, Toronto (Little Portugal) - Single Family for Sale

#712E 36 Lisgar Street, Toronto (Little Portugal), Ontario, M6J0C7

2 beds1 bath1 parking550 ft²$616/mo condo feeListed 342 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $435,000, it is attractively priced about 16% below the $519,000 median asking price in Toronto.

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Description

TLC is required prior to possession. The home is currently tenant-occupied, and there are ample tenant belongings present in the unit. Possession can be provided vacant, or the tenant can be assumed at a monthly rate of $2,400, with all terms subject to mutual agreement and applicable landlord-tenant laws. Fabulous Bright Two-Bedroom Unit in the Heart of Trendy Queen St West. Enjoy a great neighborhood with a quick commute to downtown. Features floor-to-ceiling windows, a large terrace, and an open-concept kitchen with stylish cabinetry, granite countertops, and stainless steel appliances. Laminate flooring throughout. Steps to 24-hour streetcar, Liberty Village, King West, transit, and an array of restaurants, bars, and shops. Perfect for both users and investors. Bonus: Excellent tenants currently occupy the unit on a month-to-month basis, paying $2,400 per month, and are happy to stay. (id:66096)

Property Details

MLS®: C12586694
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $616/mo
Fee Includes: Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,443.74/yr
Listed: 342 days ago

Rooms

Flat

Living room
Dining room
Kitchen
Bedroom
Bedroom 2

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, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

342d

Toronto (Little Portugal) listings, avg age

71d

Price / ft²

$792

List price

$435K

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 (Little Portugal) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX METROPOLIS REALTY · DAWOOD ASHRAF KHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $435,000, about 4.8× the local median household income of $90,000.

Carrying it typically needs a household income of about $84,971 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$435,000· $792/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,750

Min 5%50%

Mortgage payment$2,291/mo

↳ CMHC premium ($16,530 capitalized)

Property tax (est.)$204/mo

Condo fee$616/mo

Total monthly$3,111

Cash Needed to Close

Down payment (5%)$21,750

Land transfer tax$10,350

Est. closing costs$3,805

Total cash needed$35,905

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