$449,000

For sale

#819 222 The Esplanade, Toronto (Waterfront Communities) - Single Family for Sale

#819 222 The Esplanade, Toronto (Waterfront Communities), Ontario, M5A4M8

2 beds1 bath1 parking550 ft²$691/mo condo feeListed 22 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $449,000, it is attractively priced about 29% below the $629,900 median asking price in Toronto. It has been on the market 22 days, fresher than the Toronto average of 57 days.

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Description

Welcome to Yorktown On The Park! Experience urban living at its finest in this well-designed 1+1 bedroom suite, featuring a versatile den ideal for a home office, dining area, or additional living space. Enjoy the comfort of new windows and exceptional building amenities in a prime downtown location. Situated between the iconic St. Lawrence Market and the historic Distillery District, this residence places you steps from charming cafes, renowned restaurants, shopping, schools, parks, and scenic trails. Enjoy easy access to Union Station, streetcars, the Toronto Islands ferry, and major routes including the Gardiner Expressway and DVP. Surrounded by green spaces and endless city conveniences, this is an exceptional opportunity to enjoy the best of downtown Toronto living! (id:66096)

Property Details

MLS®: C14079866
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, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $691/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,255.9/yr
Listed: 22 days ago

Rooms

Main level

Kitchen: 2.26 x 2.06 meters
Living room: 4.05 x 2.96 meters
Dining room: 4.05 x 2.96 meters
Den: 2.46 x 2.2 meters
Primary Bedroom: 3.57 x 3.01 meters

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

Features

Appliances: All, Window Coverings
Flooring: Hardwood, Ceramic
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$817

List price

$449K

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 22 days, which is 35 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX REALTY SPECIALISTS INC. · YASH CHHIBBAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $449,000, about 6.3× the local median household income of $71,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$449,000· $817/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$188/mo

Condo fee$691/mo

Total monthly$3,244

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$10,910

Est. closing costs$3,847

Total cash needed$37,207

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