$489,000

$499,000For salePrice drop↓ $10,000 (2%)

#909 44 Gerrard Street West, Toronto (Bay Street Corridor) - Single Family for Sale

#909 44 Gerrard Street West, Toronto (Bay Street Corridor), Ontario, M5G2K2

2 beds1 bath1 parking550 ft²$765/mo condo feeListed 23 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $489,000, it is attractively priced about 29% below the $685,000 median asking price in Toronto. It has been on the market 23 days, fresher than the Toronto average of 60 days.

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Description

Stunning Newly Renovated Suite At The Prestigious Liberties On Bay! Thoughtfully Updated With Soft Ceiling, A Brand-New Contemporary Kitchen & Bathroom, Sleek Quartz Countertops And Modern Laminate Flooring Throughout. Bedroom Features Convenient Walk-Through Access To The Bright Solarium - Perfect For A Home Office Or Relaxing Retreat. Exceptional Downtown Location With A Walk Score Of 98/100 And Just Approx. 4 Minutes To College Subway Station. Steps To Shopping, Dining, Hospitals, Universities, Transit And Everyday Conveniences. Enjoy Outstanding Building Amenities Including Rooftop Garden & Terrace With BBQs, Indoor Swimming Pool, Fully Equipped Gym, Indoor Running Track, Sauna, Whirlpool, Party Room and Car Wash. Stylish, Convenient And Truly Move-In Ready! 1 Parking & Locker Included ** Monthly Maintenance Fee Includes Cable TV and Internet** (id:66096)

Property Details

MLS®: C14028812
Property Type: Single Family
Zoning: Res
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: Garage, Underground
Condo Fee: $765/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,556/yr
Listed: 23 days ago

Rooms

Flat

Dining room: 4.36 x 3.77 meters
Living room: 4.36 x 3.77 meters
Kitchen: 2.76 x 1.79 meters
Primary Bedroom: 3.03 x 2.44 meters
Solarium: 1.71 x 2.44 meters
Foyer: 3.27 x 1.88 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
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$890

List price

$489K

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 (Bay Street Corridor) has been listed for 23 days, which is 37 days fresher than the city average of 60. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · CYNTHIA CHING

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5G)

This home lists at $489,000, about 7.2× the local median household income of $67,500.

Carrying it typically needs a household income of about $95,519 (20% down, 25-yr amortization, stress-tested) — roughly 42% above the area median.

Median household income: $67,500
Population: 9,751
Median age: 30.8
Owner / renter: 30% / 70%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5G)

$489,000· $890/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,450

Min 5%50%

Mortgage payment$2,576/mo

↳ CMHC premium ($18,582 capitalized)

Property tax (est.)$213/mo

Condo fee$765/mo

Total monthly$3,553

Cash Needed to Close

Down payment (5%)$24,450

Land transfer tax$12,510

Est. closing costs$3,967

Total cash needed$40,927

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