$555,000

$570,000For salePrice drop↓ $15,000 (3%)

#722 65 Scadding Avenue, Toronto (Waterfront Communities) - Single Family for Sale

#722 65 Scadding Avenue, Toronto (Waterfront Communities), Ontario, M5A4L1

3 beds2 baths1 parking1,100 ft²$1,257/mo condo feeListed 24 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $555,000, it is attractively priced about 12% below the $629,900 median asking price in Toronto. It has been on the market 24 days, fresher than the Toronto average of 57 days.

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Description

This one isn't your typical "Shoebox Condo" in the sky!!! Over 1000 sq ft of living space with endless potential to add your own personal touches. St Lawrence on the Park is a 10 storey boutique style building perfectly situated between the world renowned St Lawrence Market and the historical Distillery District. Surrounded with tons of green space, lots of in unit storage, an exclusive use locker and 1 owned parking. This unit is perfect for singles, couples and growing families. If you want the feel of a house, but don't want the responsibility of grass cutting and snow shovelling this one could be for YOU! Surrounded with every amenity you could possibly need, TTC minutes away, and easy highway access. ***Rough-in and drain still exist in shower stall of main bathroom. (id:66096)

Property Details

MLS®: C14003912
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,257/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,184.34/yr
Listed: 24 days ago

Rooms

Other

Living room
Dining room
Primary Bedroom
Primary Bedroom
Bedroom 2
Den

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, Range, Dryer, Window Coverings
Exterior: Concrete
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

24d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$505

List price

$555K

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 24 days, which is 33 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · HOLLY LEANNE FEDORCZENKO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $555,000, about 7.8× the local median household income of $71,000.

Carrying it typically needs a household income of about $108,411 (20% down, 25-yr amortization, stress-tested) — roughly 53% 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)

$555,000· $505/ft²

For sale

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Full Cost Breakdown

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Down Payment5.50% · $30,500

Min 5.50%50%

Mortgage payment$2,908/mo

↳ CMHC premium ($20,980 capitalized)

Property tax (est.)$265/mo

Condo fee$1,257/mo

Total monthly$4,430

Cash Needed to Close

Down payment (5.50%)$30,500

Land transfer tax$15,150

Est. closing costs$4,165

Total cash needed$49,815

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