$1,850,000

For saleJust listed

#PH 903 18 Beverley Street, Toronto (Kensington-Chinatown) - Single Family for Sale

#PH 903 18 Beverley Street, Toronto (Kensington-Chinatown), Ontario, M5T3L2

2 beds2 baths1 parking1,300 ft²$1,503/mo condo feeListed 2 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 81 days.

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Description

This is the perfect urban retreat above Queen West. A premium penthouse at Phoebe on Queen offers approximately 1,350 sq. ft. of bright, open-concept living plus a private 350 sq. ft. southwest-facing terrace with sweeping city views. Features include engineered hardwood floors, marble counters, solid wood doors and California shutters. The spacious kitchen offers a convenient pass-through to the dining room, ideal for everyday meals and entertaining. The generous primary bedroom features a large walk-in closet and an ensuite with a separate bathtub and glass-enclosed shower. Private storage locker located with parking spot. With just three suites on the penthouse floor and a tranquil courtyard, this boutique building brings a peaceful vibe. Desirable location, just steps from Queen West's restaurants, shops and TTC, with easy access to the Financial District. Photos have been virtually staged or digitally altered to remove furnishings and personal items. Images are for illustrative purposes only. Buyers are advised to personally inspect the property to verify the current condition and features. (id:66096)

Property Details

MLS®: C14139484
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,503/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $6,093.03/yr
Listed: 2 days ago

Rooms

Main level

Kitchen: 4.44 x 3.53 meters
Dining room: 6.27 x 5.61 meters
Living room: 6.27 x 5.61 meters
Primary Bedroom: 8.15 x 3.05 meters
Bedroom 2: 4.44 x 2.92 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, Stove, Oven, Dryer, Microwave
Flooring: Hardwood
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$1,424

List price

$1.85M

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 (Kensington-Chinatown) has been listed for 2 days, which is 79 days fresher than the city average of 81. Act while there is still low competition.

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Listed by REAL BROKER ONTARIO LTD. · HELGA TEITSSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $1,850,000, about 30.0× the local median household income of $61,600.

Carrying it typically needs a household income of about $361,370 (20% down, 25-yr amortization, stress-tested) — roughly 487% above the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$1,850,000· $1,424/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $370,000

Min 20%50%

Mortgage payment$7,890/mo

Property tax (est.)$508/mo

Condo fee$1,503/mo

Total monthly$9,900

Cash Needed to Close

Down payment (20%)$370,000

Land transfer tax$66,950

Est. closing costs$8,050

Total cash needed$445,000

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