$549,000

For sale

#908 39 Sherbourne Street, Toronto (Moss Park) - Single Family for Sale

#908 39 Sherbourne Street, Toronto (Moss Park), Ontario, M5A0L8

2 beds1 bath1 parking650 ft²$733/mo condo feeListed 12 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $549,000, it is attractively priced about 5% below the $574,900 median asking price in Toronto. It has been on the market 12 days, fresher than the Toronto average of 61 days.

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Description

Welcome to boutique living at King+ Condos! This well-kept one-bedroom plus den offers a thoughtfully designed, open-concept layout that maximizes every square foot. The kitchen features generous counter space and a clever retractable dining table, perfect for day-to-day DT Toronto living! Floor-to-ceiling windows fill the unit with natural light, including the primary bedroom. The versatile den offers space for a home office, guest area or media room.Enjoy the best of downtown living, just a short walk from St. Lawrence Market, the Distillery District and Sugar Beach, with restaurants, shops and transit close at hand. A wonderful opportunity to own in one of Toronto's most vibrant neighbourhoods! (id:66096)

Property Details

MLS®: C14111062
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $733/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,406.86/yr
Listed: 12 days ago

Rooms

Flat

Kitchen: 2.41 x 2.33 meters
Living room: 2.41 x 2.33 meters
Primary Bedroom: 2.8 x 3.17 meters
Den: 2.9 x 247 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, Microwave, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$845

List price

$549K

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 (Moss Park) has been listed for 12 days, which is 49 days fresher than the city average of 61. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · DEVANY ZITO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $549,000, about 7.7× the local median household income of $71,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 51% 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)

$549,000· $845/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$284/mo

Condo fee$733/mo

Total monthly$3,895

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$14,910

Est. closing costs$4,147

Total cash needed$48,957

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