$545,888

For sale

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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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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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$868K

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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

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$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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$545,888

Toronto

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#807 15 Merchants' Wharf, Toronto (Waterfront Communities) - Single Family for Sale

#807 15 Merchants' Wharf, Toronto (Waterfront Communities), Ontario, M5A0N8

1 bed1 bath0 parking550 ft²$491/mo condo feeListed 17 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $545,888, it is attractively priced about 13% below the $629,900 median asking price in Toronto. It has been on the market 17 days, fresher than the Toronto average of 57 days.

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

Description

Experience Waterfront Living at the Sought-After Aqualina! This bright and inviting 1-bedroom condo offers beautiful lake views and an exceptional blend of comfort, style, and convenience. Featuring an eat-in kitchen with stainless steel appliances, a spacious living room, and windows in all principal rooms to fill the space with natural light and sunshine. Step out onto the balcony and enjoy breathtaking views of the lake. Unbeatable AAA location within walking distance to the waterfront, parks, George Brown College, and a variety of everyday amenities. Just minutes to the vibrant Distillery District and historic St. Lawrence Market, with easy access to the downtown core, DVP, and TTC right at your doorstep. Enjoy the best of Toronto's waterfront lifestyle in this exceptional location! Locker included. Maintenance includes high speed internet. (id:66096)

Property Details

MLS®: C14099678
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Waterfront: Yes
Condo Fee: $491/mo
Fee Includes: Cable TV, Insurance
Ownership: Condo/Strata
Property Tax: $2,908/yr
Listed: 17 days ago

Rooms

Ground level

Living room: 7.37 x 3.05 meters
Dining room: 7.37 x 3.05 meters
Kitchen: 7.37 x 3.05 meters
Bedroom: 3.35 x 3.05 meters

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

Features

Appliances: Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$993

List price

$546K

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 17 days, which is 40 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · ODRIS KOCO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $545,888, about 7.7× the local median household income of $71,000.

Carrying it typically needs a household income of about $106,631 (20% down, 25-yr amortization, stress-tested) — roughly 50% 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)

$545,888· $993/ft²

For sale

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Full Cost Breakdown

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Down Payment5.42% · $29,588.80

Min 5.42%50%

Mortgage payment$2,862/mo

↳ CMHC premium ($20,652 capitalized)

Property tax (est.)$242/mo

Condo fee$491/mo

Total monthly$3,596

Cash Needed to Close

Down payment (5.42%)$29,589

Land transfer tax$14,786

Est. closing costs$4,138

Total cash needed$48,512

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