$649,000

For sale

#914 1 Market Street, Toronto (Waterfront Communities) - Single Family for Sale

#914 1 Market Street, Toronto (Waterfront Communities), Ontario, M5E0A2

2 beds1 bath1 parking650 ft²$607/mo condo feeListed 36 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $649,000 asking price sits right in line with the $629,900 median in Toronto. It has been on the market 36 days, fresher than the Toronto average of 57 days.

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Description

Exceptional Market Wharf condominium offering 1 bedroom + den, with the den featuring a closet and the flexibility to function as a second bedroom. Ideally situated in the heart of the St. Lawrence Market neighbourhood, just steps from Union Station, the Financial District, Harbourfront, and the Entertainment District. This beautifully appointed suite showcases premium modern finishes, stainless steel appliances, and hardwood flooring in the primary bedroom, complete with a spacious walk-in closet. Floor-to-ceiling windows provide abundant natural light and spectacular panoramic views of the city skyline, CN Tower, and Lake Ontario. (id:66096)

Property Details

MLS®: C13848646
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Style: Multi-level
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning, Air exchanger
Garage: Garage, Underground
Condo Fee: $607/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,598.69/yr
Listed: 36 days ago

Rooms

Ground level

Bathroom: 1.1 x 0.14 meters
Primary Bedroom: 3.2 x 3.1 meters
Dining room: 4.27 x 3.19 meters
Den: 2.4 x 2.5 meters
Living room: 4.27 x 3.19 meters
Kitchen: 3.5 x 3.2 meters

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

Features

Appliances: Intercom
Flooring: Tile, Hardwood
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$999

List price

$649K

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 36 days, which is 21 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · ADRIAN FLORESCU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $649,000, about 6.6× the local median household income of $98,000.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.

Median household income: $98,000
Population: 11,779
Median age: 34.4
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5E)

$649,000· $999/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$300/mo

Condo fee$607/mo

Total monthly$4,284

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$18,910

Est. closing costs$4,447

Total cash needed$63,257

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