$519,000

For sale

#946 121 Lower Sherbourne Street, Toronto (Waterfront Communities) - Single Family for Sale

#946 121 Lower Sherbourne Street, Toronto (Waterfront Communities), Ontario, M5A0W8

2 beds2 baths0 parking550 ft²$467/mo condo feeListed 57 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $519,000, it is attractively priced about 18% below the $629,900 median asking price in Toronto.

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Description

Beautiful 1-bedroom + den, 2-bathroom suite with an east-facing balcony at Time and Space Condos by Pemberton! This well-planned home offers 575 sq. ft. of efficient living space plus a 61 sq. ft. balcony, featuring an open-concept layout, a bright living room with walkout to the balcony, and a versatile den that can be used as a bedroom, guest room, or home office. Residents enjoy exceptional amenities including an infinity-edge outdoor pool, rooftop cabanas, fully equipped gym, yoga studio, games and media rooms, theatre room, party lounge, and outdoor BBQ terrace. Conveniently located at Front St E & Lower Sherbourne, just steps to transit, St. Lawrence Market, the Distillery District, waterfront, shopping, dining, and everyday essentials, with easy access to Union Station and downtown. A modern, functional suite offering excellent convenience and easy access to downtown amenities and transit. (id:66096)

Property Details

MLS®: C13764504
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $467/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,716.28/yr
Listed: 57 days ago

Rooms

Flat

Living room: 3.53 x 2.74 meters
Dining room: 3.05 x 2.39 meters
Kitchen: 3.05 x 2.39 meters
Bedroom: 2.87 x 2.74 meters
Den: 2.13 x 2.44 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, Microwave, Cooktop, Oven - Built-In, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$944

List price

$519K

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 57 days, right at the city average. A solid opportunity worth looking into.

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Listed by RE/MAX CONDOS PLUS CORPORATION · SUNG JUNG WOO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $519,000, about 7.3× the local median household income of $71,000.

Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 43% 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)

$519,000· $944/ft²

For sale

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Full Cost Breakdown

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Down Payment5.18% · $26,900

Min 5.18%50%

Mortgage payment$2,728/mo

↳ CMHC premium ($19,684 capitalized)

Property tax (est.)$226/mo

Condo fee$467/mo

Total monthly$3,422

Cash Needed to Close

Down payment (5.18%)$26,900

Land transfer tax$13,710

Est. closing costs$4,057

Total cash needed$44,667

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