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$460,000
Toronto
#PH2 255 Richmond Street East, Toronto (Moss Park), Ontario, M5A4T7
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $460,000, it is attractively priced about 20% below the $574,900 median asking price in Toronto.
Downtown living with a south-facing exposure and natural light. This penthouse suite offers approximately 588 sq. ft. of well-laid-out interior space plus a private balcony. The open-concept living and dining area flows seamlessly to the balcony, making the most of the south exposure. The separate bedroom features a walk-in closet. The building has concierge service and a full range of amenities. One owned locker Included. Step outside and you're walking distance to St. Lawrence Market, the Distillery District, TTC, and some of the city's best restaurants and cafes. Note: Some photos were taken during a prior staging period. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 62 days on market, against an average age of 62 days across the listings currently for sale in this city
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.
This 1-bed single family in Toronto (Moss Park) has been listed for 62 days, right at the city average. A solid opportunity worth looking into.
Approximate location — exact address confirmed upon showing
This home lists at $460,000, about 6.5× the local median household income of $71,000.
Carrying it typically needs a household income of about $89,854 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice