$699,000

For sale

34 Carnahan Terrace, Toronto (East End-Danforth) - Single Family for Sale

34 Carnahan Terrace, Toronto (East End-Danforth), Ontario, M4E0B2

2 beds2 baths1 parking1,100 ft²$463/mo condo feeListed 8 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 56 days.

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Description

So, you want more than a condo. Two bedrooms. Around 1,000 square feet. Your own front door. A garage would be nice. Good schools are important. And ideally, you'd like to stay well under the price of a house in the east end. Meet 34 Carnahan Terrace. Tucked into a quiet Upper Beaches community, this two-level condo townhouse gives you the separation of a house without the price tag or maintenance. Upstairs, you've got your bedroom and living space. Downstairs, a second bedroom gives you flexibility for guests, an office, or whatever life calls for. Add direct access to your own garage, with no elevators or long condo hallways. Loblaws is around the corner, Danforth GO and Main Street Station are nearby, and you're in the Adam Beck, Glen Ames and Malvern school catchments. Head south and you've got Kingston Road Village, Queen Street, the boardwalk and the lake. There's a lot of life between a condo tower and a million-dollar house. (id:66096)

Property Details

MLS®: E14120328
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $463/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,307/yr
Listed: 8 days ago

Rooms

Main level

Living room: 5.33 x 3.7 meters
Dining room: 5.33 x 3.7 meters
Kitchen: 4.39 x 2.74 meters
Primary Bedroom: 3.65 x 2.89 meters

Lower level

Bedroom 2: 2.69 x 2.43 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave, Window Coverings, Water Heater - Tankless, Water Heater
Flooring: Bamboo
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (East End-Danforth) listings, avg age

56d

Price / ft²

$636

List price

$699K

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.

Haho

This 2-bed single family in Toronto (East End-Danforth) has been listed for 8 days, which is 48 days fresher than the city average of 56. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · DAARON JOHNSTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4E)

This home lists at $699,000, about 6.2× the local median household income of $112,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $112,000
Population: 25,473
Median age: 42.8
Owner / renter: 64% / 36%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4E)

$699,000· $636/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$276/mo

Condo fee$463/mo

Total monthly$4,365

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$20,910

Est. closing costs$4,597

Total cash needed$70,407

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