$435,000

For sale

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#N416 455 Front Street East, Toronto (Waterfront Communities) - Single Family for Sale

#N416 455 Front Street East, Toronto (Waterfront Communities), Ontario, M5A1G9

2 beds1 bath0 parking ft²

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Investment analysis

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$435,000

Toronto

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Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $435,000, it is attractively priced about 31% below the $629,900 median asking price in Toronto. It has been on the market 22 days, fresher than the Toronto average of 57 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

This designer-inspired one-bedroom plus den offers one of the building's most sought-after and functional layouts. Floor-to-ceiling windows fill the suite with afternoon sunlight while showcasing unobstructed city views. The modern interior features quartz countertops, hardwood flooring, smooth ceilings, and stylish finishes throughout. Ideally located in a prestigious neighbourhood, with Beanfield internet included in the maintenance fees. (id:66096)

Property Details

MLS®: C14081510
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $505/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,217.53/yr
Listed: 22 days ago

Market Timing

Days on market

22d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,743

List price

$435K

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.

Area context

Neighbourhood profile (M5A)

This home lists at $435,000, about 6.1× the local median household income of $71,000.

Carrying it typically needs a household income of about $84,971 (20% down, 25-yr amortization, stress-tested) — roughly 20% 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)

$435,000· $1,743/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,750

Min 5%50%

Mortgage payment$2,291/mo

↳ CMHC premium ($16,530 capitalized)

Property tax (est.)$185/mo

Condo fee$505/mo

Total monthly$2,981

Cash Needed to Close

Down payment (5%)$21,750

Land transfer tax$10,350

Est. closing costs$3,805

Total cash needed$35,905

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#N416 455 Front Street East, Toronto (Waterfront Communities) - Single Family for Sale

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Neighbourhood profile (M5A)

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