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Unit 408 at 707 Lofts Condos

Sold

707 Dovercourt Road 408, Toronto C01, ON M6H 0B5

MLS #C9052118

$485,000

Sold on November 13, 2024

November 13, 2024

Originally listed at $499,999 55 days on market

About This Property

Sun Filled West Facing Unit In Boutique Building At 707 Lofts, Just South Of Bloor Street West Near Ossington Subway Station. Open Concept Loft Design With Exposed Concrete Ceilings, Floor To Ceiling Windows And Walkout To Terrace. Spacious Bedroom With Double Closet And Corner Sliding Doors. Freshly Painted And Move-In Ready. Located Within Bloorcourt Village Near Unique Shops, Parks, Restaurants And Dufferin Mall. Walk Score 96 And Biker's/Rider's Paradise. Well-Maintained Building With Amenities Including Outdoor BBQ Area, Party Room, Meeting Room, Secure Bike Parking & Underground Visitor Parking. Underground Parking Spot Available For Rent. Great Opportunity For First Time Buyer Or As Rental Investment.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($485/mo) and property tax ($2,182/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$909/sqft
Palmerston-Little Italy
$887/sqft+2.5%
Toronto C01
$883/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 550 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

500-599 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeUnderground
LockerYes
Heating TypeFan Coil
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2403
MLS Size500-599
Listed OnJul 22, 2024
Maintenance Fees$485/month
Property Tax$2,182/year

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Rooms

NameSize (m)Size (ft)Features
Bedroom---
Bedroom---
Bedroom---

Room Dimensions Available

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Price History

Original List Price

$499,999

Listed on Jul 22, 2024

Sold Price

$485,000

Sold on Nov 13, 2024

-$14,999

-3.0%

55 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building Name707 Lofts Condos
Address707 Dovercourt Road, Toronto C01
Parking TypeUnderground

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About Unit 408 at 707 Lofts Condos

Unit 408 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 500-599 square feet located at 707 Lofts Condos, 707 Dovercourt Road, Toronto C01. This unit is currently sold (sold for $485K).

About 707 Lofts Condos

707 Lofts Condos is located at 707 Dovercourt Road, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Palmerston-Little Italy Neighbourhood

This unit is located in Palmerston-Little Italy, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at 707 Lofts Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 408 707 Lofts Condos Toronto C01

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