$880,000

For sale

#918 29 Queens Quay East, Toronto (Waterfront Communities) - Single Family for Sale

#918 29 Queens Quay East, Toronto (Waterfront Communities), Ontario, M5E0A4

3 beds1 bath1 parking850 ft²$724/mo condo feeListed 13 days ago

Overview

This 3-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 13 days, fresher than the Toronto average of 57 days.

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Description

A rare 10 ft ceilings, a rare Gas Cooktop!! 2 bedrooms + den (formal room w/doors), with parking, with a lake view, 830 sq ft + balcony. The best of the lake life in a luxury Pier 27II Condo. L-shape open concept kitchen with B/I appliances an backsplash. High-end Miele gas cooktop and B/I oven. Practical split bedrooms layout, den big enough to be a 3rd bedroom. Fantastic amenities, only for the residents of 39 QOE, include: indoor pool, outdoor pool and fireplace overlooking the lake, 24 hr concierge, state of the art gym, sauna, games and billiard, guest suites. Steps to Union station with Go train and Subway, Ferry to the island, banks, LCBO, grocery stores, St Lawrence market, Front street, Financial district, Sugar beach and marina. Walk score 97/100. (id:66096)

Property Details

MLS®: C14105580
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Waterfront: Yes
Condo Fee: $724/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,173.04/yr

Rooms

Main level

Living room: 5.84 x 3.33 meters
Dining room: 5.84 x 3.33 meters
Kitchen: 5.84 x 3.33 meters
Primary Bedroom: 3.91 x 3.05 meters
Bedroom 2: 3.61 x 2.79 meters
Den: 2.82 x 2.64 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, Oven, Dryer, Cooktop, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,036

List price

$880K

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 3-bed single family in Toronto (Waterfront Communities) has been listed for 13 days, which is 44 days fresher than the city average of 57. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · JULIA VLADIMIRSKY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $880,000, about 9.0× the local median household income of $98,000.

Carrying it typically needs a household income of about $171,895 (20% down, 25-yr amortization, stress-tested) — roughly 75% 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)

$880,000· $1,036/ft²

For sale

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Full Cost Breakdown

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Down Payment7.16% · $63,000

Min 7.16%50%

Mortgage payment$4,530/mo

↳ CMHC premium ($32,680 capitalized)

Property tax (est.)$431/mo

Condo fee$724/mo

Total monthly$5,684

Cash Needed to Close

Down payment (7.16%)$63,000

Land transfer tax$28,150

Est. closing costs$5,140

Total cash needed$96,290

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