$400,000

For sale

#808 68 Abell Street, Toronto (Little Portugal) - Single Family for Sale

#808 68 Abell Street, Toronto (Little Portugal), Ontario, M6J0B1

2 beds1 bath1 parking550 ft²$583/mo condo feeListed 29 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $400,000, it is attractively priced about 23% below the $519,000 median asking price in Toronto. It has been on the market 29 days, fresher than the Toronto average of 71 days.

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Description

Fabulous & Functional 1 Bedroom + Den In The Heart Of Queen St. West! Freshly Painted & Professionally Cleaned, This Bright & Spacious Unit Features Laminate Flooring Throughout, An Open-Concept Living/Dining Area & A Modern Kitchen With Stainless Steel Appliances. Spacious Bedroom With Double Closet & Beautiful Glass Sliding Doors, Plus A Generous Den With Double Closet-Perfect For A Home Office Or Work-From-Home Setup. Enjoy A Full 4-Pc Bath, Ensuite Stacked Laundry & Ample Storage, Including A Locker. South-Facing Balcony Fills The Unit With Natural Light. Parking Included! Steps To Queen St. West's Trendy Shops, Restaurants, Cafes, Bars, Groceries, TTC & All The Best Downtown Living Has To Offer. A Perfect Opportunity For First-Time Buyers, Professionals & Investors Looking For Convenience, Style & Location! *** Some photos in this listing have been virtually staged to illustrate the potential use and layout of the space.*** (id:66096)

Property Details

MLS®: C13874572
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $583/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,337.67/yr
Listed: 29 days ago

Rooms

Main level

Living room: 3.68 x 4.33 meters
Dining room: 3.68 x 4.33 meters
Kitchen: 3.68 x 4.33 meters
Primary Bedroom: 2.92 x 3.07 meters
Den: 3.15 x 2.46 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, Window Coverings
Flooring: Laminate
Exterior: Concrete, Brick Facing
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Little Portugal) listings, avg age

71d

Price / ft²

$728

List price

$400K

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 (Little Portugal) has been listed for 29 days, which is 42 days fresher than the city average of 71. Act while there is still low competition.

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Listed by RE/MAX PREMIER INC. · LINDA MAC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $400,000, about 4.4× the local median household income of $90,000.

Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$400,000· $728/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,000

Min 5%50%

Mortgage payment$2,107/mo

↳ CMHC premium ($15,200 capitalized)

Property tax (est.)$195/mo

Condo fee$583/mo

Total monthly$2,884

Cash Needed to Close

Down payment (5%)$20,000

Land transfer tax$8,950

Est. closing costs$3,700

Total cash needed$32,650

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