$1,299,000

For saleJust listed

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#Th05 58 Queens Wharf Road, Toronto (Waterfront Communities) - Single Family for Sale

#Th05 58 Queens Wharf Road, Toronto (Waterfront Communities), Ontario, M5V0J9

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#2903 270 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2N4

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Investment analysis

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$1,299,000

Toronto

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Description

3+1 Bedroom Live/Work Townhome with 3 Full Bathrooms featuring an open-concept, spacious layout. Modern kitchen with premium built-in appliances and cabinet organizers. Primary bedroom with ensuite, spacious bedrooms, and floor-to-ceiling windows offering CN Tower views throughout. Conveniently located steps from supermarkets, library, parks, restaurants, coffee shops, and transit, with easy access to the subway, TTC, Financial District, Entertainment District, QEW and DVP. **Some photos are virtually staged** (id:66096)

Property Details

MLS®: C14124992
Property Type: Single Family
Zoning: B612-85
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Parking: 1
Interior Size: 1,500 ft²
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Waterfront: Yes
Condo Fee: $1,029/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $6,017/yr
Listed: 7 days ago

Rooms

Main level

Foyer: 2.18 x 1.2 meters
Kitchen: 4.27 x 4.57 meters
Dining room: 4.27 x 3.57 meters
Living room: 4.27 x 3.77 meters
Bedroom 3: 2.75 x 2.74 meters

Second level

Bedroom 2: 2.56 x 2.97 meters
Primary Bedroom: 3.61 x 2.95 meters
Den: 4.23 x 3.13 meters
Other: 1.5 x 2.79 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$866

List price

$1.30M

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 (M5V)

This home lists at $1,299,000, about 14.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 179% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$1,299,000· $866/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$501/mo

Condo fee$1,029/mo

Total monthly$8,151

Cash Needed to Close

Down payment (8.08%)$104,900

Land transfer tax$44,910

Est. closing costs$6,397

Total cash needed$156,207

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

#Th05 58 Queens Wharf Road, Toronto (Waterfront Communities) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5V)

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