$1,479,999

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#822 55 Stewart Street, Toronto (Waterfront Communities) - Single Family for Sale

#822 55 Stewart Street, Toronto (Waterfront Communities), Ontario, M5V2V1

2 beds2 baths1 parking1,300 ft²$1,461/mo condo feeListed 56 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space.

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Description

Visit the REALTOR website for further information about this Listing. Welcome to Suite 822 at 55 Stewart Street, a sophisticated residence in the heart of King West, attached to the prestigious 1 Hotel. This premium corner suite offers 1,262 square feet of refined two-bedroom, two-bathroom living, recently renovated with an organic modern aesthetic. Bright, open-concept interiors are framed by floor-to-ceiling windows and high ceilings, capturing breathtaking views of Victoria Memorial Park and the Toronto skyline. New White Oak Nautilus Vintage flooring runs throughout, complemented by modernized lighting, motorized blinds in the living room, drapes in the bedrooms, and Legrand switches and outlets. The bathrooms feature marble surfaces and newly installed Teodor vanities, with a deep soaker tub in the main bath. At the heart of the home, a modern kitchen is appointed with top-of-the-line appliances - Bertazzoni electric range, Cove dishwasher, Miele refrigerator, and Miele ventless washer and dryer - anchored by an expansive centre island. Two private balconies extend the living space outdoors. The suite is offered with an oversized parking space equipped with an EV charger, and an oversized locker. Residents enjoy dedicated 24-hour concierge service, with access to 1 Hotel's rooftop infinity pool and fitness centre. Steps from world-class dining including Michelin-starred restaurants and the shops of Queen West, with quick access to transit, the financial district, Billy Bishop Airport, and the upcoming Ontario Line, this is a rare opportunity to own a renovated corner suite at one of downtown Toronto's most coveted addresses. (id:66096)

Property Details

MLS®: C13763308
Property Type: Single Family
Zoning: CRE*1)
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,461/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $6,583/yr

Rooms

Flat

Bedroom 2: 4.29 x 3.71 meters
Kitchen: 6.27 x 2.62 meters
Living room: 6.72 x 3.15 meters
Primary Bedroom: 7.06 x 4.17 meters
Dining room: 6.72 x 3.15 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, Water purifier, Dishwasher, Stove, Dryer, Window Coverings
Exterior: Concrete, Aluminum siding
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,139

List price

$1.48M

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 56 days, which is 1 days fresher than the city average of 57. Act while there is still low competition.

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Listed by EASY LIST REALTY LTD. · SOPHIE ALEGRA GITERMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $1,479,999, about 16.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $289,096 (20% down, 25-yr amortization, stress-tested) — roughly 218% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$1,479,999· $1,139/ft²

For sale

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Full Cost Breakdown

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Down Payment8.31% · $122,999.90

Min 8.31%50%

Mortgage payment$7,523/mo

↳ CMHC premium ($54,280 capitalized)

Property tax (est.)$549/mo

Condo fee$1,461/mo

Total monthly$9,533

Cash Needed to Close

Down payment (8.31%)$123,000

Land transfer tax$52,150

Est. closing costs$6,940

Total cash needed$182,090

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#822 55 Stewart Street, Toronto (Waterfront Communities) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5V)

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Full Cost Breakdown

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