$948,000

For sale

#TH-112 121 Lower Sherbourne Street, Toronto (Waterfront Communities) - Single Family for Sale

#TH-112 121 Lower Sherbourne Street, Toronto (Waterfront Communities), Ontario, M5A0W8

3 beds3 baths1 parking1,100 ft²$893/mo condo feeListed 52 days ago

Overview

This 3-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 52 days, fresher than the Toronto average of 57 days.

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Description

Rare Two-Level Townhome At Downtown Toronto Time & Space Condos! This Bright And Spacious 1095sf, 9ft Ceiling, 2 + Den, 2.5 Bath Residence Offers The Perfect Blend Of Condo Convenience And Townhouse Living. Functional Open-Concept Layout Featuring Floor-To-Ceiling Windows, Modern Finishes, Contemporary Kitchen With Integrated Appliances, And Generous Living & Dining Space Ideal For Daily Living And Entertaining. Steps To TTC, St. Lawrence Market, Distillery District, Waterfront, Financial District, Restaurants, Parks And Everyday Conveniences. Residents Enjoy Access To Exceptional Building Amenities Including Fitness Centre, Outdoor Pool, Party Room, Yoga Studio, Rooftop Terrace And More. One Parking Spot Included. (id:66096)

Property Details

MLS®: C13780684
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $893/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,580.24/yr

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$862

List price

$948K

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 52 days, which is 5 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · VIBI TRIEU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $948,000, about 13.4× the local median household income of $71,000.

Carrying it typically needs a household income of about $185,178 (20% down, 25-yr amortization, stress-tested) — roughly 161% 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)

$948,000· $862/ft²

For sale

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Full Cost Breakdown

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Down Payment7.36% · $69,800

Min 7.36%50%

Mortgage payment$4,869/mo

↳ CMHC premium ($35,128 capitalized)

Property tax (est.)$465/mo

Condo fee$893/mo

Total monthly$6,227

Cash Needed to Close

Down payment (7.36%)$69,800

Land transfer tax$30,870

Est. closing costs$5,344

Total cash needed$106,014

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