$777,000

$795,000For salePrice drop↓ $18,000 (2%)

#8 11 Niagara Street, Toronto (Waterfront Communities) - Single Family for Sale

#8 11 Niagara Street, Toronto (Waterfront Communities), Ontario, M5V3N9

1 bed1 bath1 parking650 ft²$551/mo condo feeListed 50 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 50 days, fresher than the Toronto average of 57 days.

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Description

Welcome to Portland Park Village-your own private little cove in the heart of King West. Tucked away in a quiet, intimate community, this exceptional townhouse offers the perfect balance of peaceful living and downtown convenience, just steps from The Well, vibrant King West, and the highly anticipated Rail Deck Park.Enjoy over 300 sq. ft. of private terrace space on a sunny day, or follow the sunshine indoors into a bright and airy open-concept living space. The modern kitchen features a convenient breakfast bar and a floor-to-ceiling bay window overlooking the beautifully landscaped private courtyard.A rare opportunity to enjoy the best of both worlds-your own peaceful retreat while remaining right in the middle of everything Toronto has to offer. Welcome to Portland Park Village, Townhouse 8. (id:66096)

Property Details

MLS®: C13795538
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $551/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,038.55/yr
Listed: 50 days ago

Rooms

Main level

Bedroom: 4.97 x 3.91 meters
Living room: 5.58 x 3.51 meters
Kitchen: 8 x 8.07 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, Blinds
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,196

List price

$777K

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 1-bed single family in Toronto (Waterfront Communities) has been listed for 50 days, which is 7 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 · SEV PAUL BOGHOSIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $777,000, about 8.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $151,775 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$777,000· $1,196/ft²

For sale

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Full Cost Breakdown

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Down Payment6.78% · $52,700.00

Min 6.78%50%

Mortgage payment$4,016/mo

↳ CMHC premium ($28,972 capitalized)

Property tax (est.)$253/mo

Condo fee$551/mo

Total monthly$4,820

Cash Needed to Close

Down payment (6.78%)$52,700

Land transfer tax$24,030

Est. closing costs$4,831

Total cash needed$81,561

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