$1,050,000

For sale

#931 3 Concord City Place Way, Toronto (Waterfront Communities) - Single Family for Sale

#931 3 Concord City Place Way, Toronto (Waterfront Communities), Ontario, M5V0X4

3 beds2 baths1 parking950 ft²$822/mo condo feeListed 43 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 43 days, fresher than the Toronto average of 57 days.

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Description

Rarely Offered Spacious 3-Bedroom, 2-Bathroom Suite Featuring Approximately 950 Sq. Ft. Of Interior Living Space Plus An Impressive 222 Sq. Ft. Private Balcony. This Functional And Well-Designed Layout Offers An Open-Concept Living And Dining Area, A Modern Kitchen With Ample Counter Space, And Three Generously Sized Bedrooms. The Primary Bedroom Features A Walk-In Closet, Private Ensuite Bath, And Direct Balcony Access. The Second Bedroom Also Enjoys Balcony Access, While The Third Bedroom Is Privately Positioned Away From The Main Living Area-Ideal For Family, Guests, Or A Home Office. Two Full Bathrooms, Ensuite Laundry, Excellent Storage, And An Expansive Balcony Spanning Nearly The Full Width Of The Suite Complete This Exceptional Urban Home. (id:66096)

Property Details

MLS®: C13814090
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $822/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Listed: 43 days ago

Features

Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,106

List price

$1.05M

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 43 days, which is 14 days fresher than the city average of 57. Act while there is still low competition.

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Listed by PROMPTON REAL ESTATE SERVICES CORP. · ERIC XUE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $1,050,000, about 11.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 125% 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)

$1,050,000· $1,106/ft²

For sale

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Full Cost Breakdown

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Down Payment7.62% · $80,000

Min 7.62%50%

Mortgage payment$5,378/mo

↳ CMHC premium ($38,800 capitalized)

Est. property tax$0/mo

Condo fee$822/mo

Total monthly$6,200

Cash Needed to Close

Down payment (7.62%)$80,000

Land transfer tax$34,950

Est. closing costs$5,650

Total cash needed$120,600

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