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    Toronto / Downtown / Church - Toronto

    1306 - 89 McGill St

    For SaleAlter Condos
    $499,000
    Price Cut: $499,990
    1 Bed
    1 Bath
    0 Parking
    499 SQFT
    55 Days on Strata
    Est Sell Timeframe
    19 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $393/mth
    Taxes:
    $1,803 (2024)
    Cost Per Sqft:
    $1,000 - $1,250/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    October 8, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Laminate, Quartz Counter, Stainless Steel Appliances
    14.01 x 6.79ft
    Dining
    Laminate, Combined with Living, East View
    11.58 x 6.79ft
    Living
    Laminate, Combined with Dining, Walkout To Balcony
    11.58 x 6.79ft

    About this Listing

    ***Location, Location, Location*** Luxury Tridel condo, walking distance to Toronto Metro University (TMU) and TTC. Bright, spacious with floor to ceiling windows, 9ft ceiling, unobstructed sunny east view, open concept, modern kitchen with quartz kitchen countertops & built-in appliances. Great amenities with 24 hours concierge, bike storage room, pool, sauna and gym. Perfect opportunity for 1st time buyer, rate is coming down.

    norman hill realty inc.MLS® #C9300912

    Amenities

    Security System
    Rooftop Deck
    Bike Storage
    Sauna
    Indoor Parking
    Media Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,008
    Average Individual Income
    $65,836
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $109,948
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    22%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    22%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    10%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Urdu
    1%
    Tamil
    1%
    Education
    University and Above
    39%
    High School
    22%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Alter Condos vs The Church - Toronto Area

    Building Trends At Alter Condos

    Days on Strata

    Units at Alter Condos spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Church - Toronto

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 77 condos in the Church - Toronto area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    65
    Units were Rented over the past twelve months

    Best Value Rank

    Alter Condos offers the
    ?
    best value out of 77 condos in the Church - Toronto neighbourhood

    Appreciation Rank

    Alter Condos has the
    ?
    highest ROI out of 77 condos in the Church - Toronto neighbourhood

    Rental Yield

    Alter Condos yields the
    ?
    highest rent prices out of 77 condos in the Church - Toronto neighbourhood

    High Demand

    Alter Condos is the
    ?
    most popular building out of 77 condos in the Church - Toronto neighbourhood

    Transaction Insights at 355 Church Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$460,000 - $583,000$590,000$807,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,335$1,165$1,246No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data56 Days107 Days92 DaysNo Data271 Days
    Ratio of Units in Building3%49%18%24%1%9%

    Transactions vs Inventory

    Total number of units listed and sold in Church - Toronto