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              For Sale 28 Days On Site

              #705 120 Parliament Street

              near Adelaide & Parliament
              Price Changed -$20,000 (2020-07-24) $609,000 1+1bdr • 1ba • 1kit • 500-599sf
              Average Income
              $68,565
              Population Age
              38 y/old
              School Score
              4.90/10
              Price Index Change 1y
              +2.65%
              Price Index Change 3y
              +25.86%
              Rent Index Change 1y
              -3.34%
              Rent Index Change 3y
              +7.74%

              Condo Apt • Apartment #705 • 7 Level

              #705 120 Parliament Street, Moss Park, Toronto
              • Rooms and Bathrooms 1+1 bedr, 1 bath
              • Kitchens 1
              • area 500-599
              • garage 0.0 Undergrnd
              • exposure W
              • age New
              • locker Owned
              • possession

                Tbd

              $609,000

              n/a

              $358.00/m

              CALCULATED NUMBERS:

              $2285.00

              calculator

              $2043

              3

              92 Walker's Paradise

              92 Rider's Paradise

              99 Biker's Paradise

              4.90/10

              Location Details
              • Toronto

              • Toronto

              • Moss Park

              • Adelaide & Parliament

              • M5A2Y8

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              SPECTRUM REALTY SERVICES INC., BROKERAGE

              Property Overview
              Welcome To East United Condos! This Well Designed 588Sf 1+1 Functional Layout Boasts Unobstructed Views Of The West, Very Bright Unit, Builder's High Standard Workmanship With Granite Counters, Bosch Stainless Steel Appl! High Ceiling In The Master & Kitchen, His & Her Double & W/I Closets In The Master, A Large Sep Den That Easily Doubles As A 2nd Bdrm. Upgrades To Bath, Kitchen & Custom Roller Blinds. This Is Not An Assignment Sale. Move-In Anytime.
              Extras: Bosch Stainless Steel Fridge, Flat Electric Cooktop, Single Wall Oven, Hood Fan And Dishwasher, Washer & Dryer. All Existing Electric Light Fixtures & Roller Blinds.
              Rooms details
              Living
              • Main Level
              • Window Flr To Ceil
              • Combined W/Kitchen
              Kitchen
              • Main Level
              • Granite Counter
              • Stainless Steel Appl
              • Updated
              Master
              • Main Level
              • Window Flr To Ceil
              • W/O To Balcony
              • His/Hers Closets
              Den
              • Main Level
              • Separate Rm
              • Halogen Lighting
              Basement
              • None
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              • Listing added to site: 2020-07-16 19:54:12
              • Last updated: 2020-07-24 11:14:07
              • Photos updated: 2020-07-16
              • Contract date: 2020-07-14
              • Input date: 2020-07-16
              • Expiry date: 2020-10-31
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              705 120 Parliament Street is a condo apt apartment, located in Moss Park of city of Toronto, Toronto region, near Adelaide & Parliament, and has been available for sale on CondosDirect since 2020-07-16. This unit is located at level 7 of the building and has West exposure of Parliament St. Condo registry office is TBD, corporation number 0.

              Lot Size and Living Area:

              705 120 Parliament Street has 4+0 rooms in total, including 1+1 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 500-599 square feet. 120 Parliament Street building is appriximately New years old.
              0.0 parking space(s) are and located undergrnd at level . The locker is owned. An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also found the following features: Assignment Sale, Price Change, and possible sellers motivation indicators such as Reduced Asking Price, Flexible Possession.

              Price & Cost Overview

              General:

              705 120 Parliament Street condo apt is listed for $609,000. And the monthly maintenance fee was $358.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $539,064.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,285, assuming $609,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization. Add property tax and condo maintenance fee to calculate your total expenses per month.
              Use our Mortgage and Investment Calculator, customized especially for 705 120 Parliament Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Moss Park, where 120 Parliament Street is located, has $756,973 Home Price Index, and $2,226 Home Rent Index. Average household income at dissemination area of 120 Parliament Street is $68,565, and average polulation age is 38 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,026,570, and average Home Rent Index $2,602.

              Similar Properties & Community Details:

              There are similar to 705 120 Parliament Street 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 120 Parliament Street.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Moss Park neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 120 Parliament Street, or schools, which boundaries this address belongs to with an average School Score 4.90 out of 10. Here are more details about these schools:
              1. Nelson Mandela Park Public School (Grades JK-08), Public, Intermediate, ranked as Average.
              2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 92, 92, and 99 accordingly, location of 120 Parliament Street overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

              705 120 Parliament Street Listings History Powered by AIDA
              Moss Park, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (69 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 18 to 22 properties like that to be sold in Moss Park during the next 30 days.
              Seasonal sales fluctuation is showing -7% inventory decline comparing to the average annual number, which is equvalent to 21.08 properties sold per month, and -8% decline comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 28 days, which is 89% longer than it takes a similar home in Moss Park to sell, which is noticeably longer than recent sales average.
              Please note that asking price was reduced 20 days ago by -$20,000, but still did not trigger the sale yet.
              Seasonal sales fluctuation is showing -12% D.O.M. decrease comparing to the average annual number, which is equvalent to 16 D.O.M., and -20% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
              At what price it can be sold?
              Similar properties currently sell at 1.49% above its asking price in Moss Park.
              The selling to asking price ratio is declining in Moss Park.
              Considering the fact that this property has already been on the market for 28 days, which is -89% longer than average number of days it takes a home to sell in Moss Park (14.8), but taking into account recent price drop by -$20,000, this home may get sold at or near it's new price.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4833422 Comparative Market Analysis
              705 120 Parliament Street Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Moss Park, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +2.65% comparig to the City of Toronto average of +14.815%

              Price Index 3y

              Price Index change was +25.86% comparig to the City of Toronto average of +5.075%

              Rent Index 1y

              Rent Index change was -3.34% comparig to the City of Toronto average of -1.135%

              Rent Index 3y

              Rent Index change was +25.86% comparig to the City of Toronto average of +5.075%

              Walkscore

              Walkscore 92 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 92 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 4.90 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $2,800 Cashback
              $559,900
              1+1br 1ba 600-699sf

              Prop Tax

              $1,958

              Condo Fee

              $496

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              0

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              $569,000
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              $550

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              N

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              Condo Fee

              $528

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              WalkScore

              0

              Compare n/a

              $2,500 Cashback
              $499,000
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              $1,913

              Condo Fee

              $464

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              WalkScore

              0

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              82

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