$699,900

$759,990For salePrice drop↓ $60,090 (8%)

#803 25 Richmond Street East, Toronto (Church-Yonge Corridor) - Single Family for Sale

#803 25 Richmond Street East, Toronto (Church-Yonge Corridor), Ontario, M5C0A6

2 beds2 baths0 parking850 ft²$809/mo condo feeListed 38 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 38 days, fresher than the Toronto average of 63 days.

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Description

Corner 2 Bedroom + Media Residence At Yonge + Rich Offering 843 Sq Ft Of Sophisticated Living Space, 2 Full Baths, A Locker + 2 Separate Oversized Balconies. Enjoy Clear Southeast City Views Through Floor-To-Ceiling Windows, Filling The Suite With Abundant Natural Light. The Primary Bedroom Features Its Own Private Balcony, Creating A Rare Indoor-Outdoor Retreat. Thoughtfully Designed With Soaring Ceilings, A Gourmet Kitchen + Spa-Inspired Baths. An Exceptional Downtown Location Just Steps To The Subway, PATH, Eaton Centre, Financial + Entertainment Districts, Dining, Shopping + More. Luxury Urban Living In The Heart Of Toronto! Motivated Seller! (id:66096)

Property Details

MLS®: C13840766
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $809/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $6,000/yr
Listed: 38 days ago

Rooms

Flat

Living room: 5.89 x 4.67 meters
Dining room: 5.89 x 4.67 meters
Kitchen: 5.89 x 4.67 meters
Primary Bedroom: 2.9 x 2.77 meters
Bedroom 2: 2.9 x 2.59 meters
Media: 5.89 x 4.67 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Wood
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$824

List price

$700K

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 (Church-Yonge Corridor) has been listed for 38 days, which is 25 days fresher than the city average of 63. Act while there is still low competition.

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Listed by SKYLETTE MARKETING REALTY INC. · JOEY WONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5C)

This home lists at $699,900, about 7.9× the local median household income of $89,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.

Median household income: $89,000
Population: 3,149
Median age: 36.4
Owner / renter: 47% / 53%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5C)

$699,900· $824/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$500/mo

Condo fee$809/mo

Total monthly$4,940

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$20,946

Est. closing costs$4,600

Total cash needed$70,536

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