$499,000

For sale

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#801 1 The Esplanade Drive, Toronto (Waterfront Communities) - Single Family for Sale

#801 1 The Esplanade Drive, Toronto (Waterfront Communities), Ontario, M5E0A8

2 beds1 bath0 parking ft²

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1 bd1 ba1 pk650 ft²+$731/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

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For saleJust listed

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$600K

#711 25 Capreol Court, Toronto (Waterfront Communities), Ontario, M5V3Z7

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

#2712 70 Queens Wharf Road, Toronto (Waterfront Communities), Ontario, M5V0J2

For saleJust listed

Today

$868K

#2712 70 Queens Wharf Road, Toronto (Waterfront Communities), Ontario, M5V0J2

3 bd2 ba1 pk1,100 ft²+$1055/mo

Listed by CENTURY 21 LEADING EDGE REALTY INC.

#PH 3709 361 Front Street West, Toronto (Waterfront Communities), Ontario, M5V3R5

For saleJust listed

Today

$929K

#PH 3709 361 Front Street West, Toronto (Waterfront Communities), Ontario, M5V3R5

3 bd2 ba1 pk950 ft²+$1108/mo

Listed by COLDWELL BANKER - R.M.R Real Estate

Investment analysis

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$499,000

Toronto

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$875/mo condo fee

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $499,000, it is attractively priced about 21% below the $629,900 median asking price in Toronto. It has been on the market 44 days, fresher than the Toronto average of 57 days.

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

Description

Sophisticated urban living awaits in this 1-bedroom plus den Unit 801 has engineered hardwood, and floor-to-ceiling windows. The sleek contemporary kitchen is tailored for entertaining, showcasing premium integrated appliances and granite countertops. Situated in the heart of it all, steps to Union Station, the Financial Core, St. Lawrence Market, Sony Centre, and the Waterfront. (id:66096)

Property Details

MLS®: C13817676
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $875/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,360.82/yr
Listed: 44 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave, Cooktop, Window Coverings
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$768

List price

$499K

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 44 days, which is 13 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · BONITA TSAI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $499,000, about 5.1× the local median household income of $98,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$499,000· $768/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$280/mo

Condo fee$875/mo

Total monthly$3,783

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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