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$299,000
DOM8days47 Lower River Street · Toronto · Ontario M5A 0G1
8 days on market
Welcome to 47 Lower River St, Unit 542! This bright and modern 1-bedroom loft in the award-winning River City development features exposed concrete ceilings, floor-to-ceiling windows, and a private balcony. Ideally located steps from parks, trendy cafés, the Distillery District, and convenient transit, offering the perfect blend of contemporary design and downtown living.
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RARE REAL ESTATE
Source: TRREB/PROPTX · MLS® C14081508
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~250 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 38% of your true cost of ownership. The other 62% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $13,612 | $1,134/mo |
| Government & taxes | ||
| Property tax | $2,026 | $169/mo |
| Land transfer tax(closing) | $2,960 | $247/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $2,990 | $249/mo |
| Condo fees | ||
| Condo / HOA fees | $3,725 | $310/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $35,973 | $2,998/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.