$258,000

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#1 785 Brown's Line, Toronto (Alderwood) - Single Family for Sale

#1 785 Brown's Line, Toronto (Alderwood), Ontario, M8W3V8

1 bed1 bath1 parking650 ft²$425/mo condo feeListed 112 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space.

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Description

Spacious 1-bedroom co-op apartment in a prime Alderwood location! This east-facing lower-level unit features large, above-grade windows, lots of natural light, and plenty of closet space. The suite needs some updating and offers an excellent opportunity to renovate, reimagine, and create a comfortable home tailored to your style. One outdoor parking space is included, and a coin-operated laundry room is conveniently located on the same level. Enjoy access to an outdoor pool, along with the convenience of the Farm Boy and Dollarama plaza next door, and easy access to Sherway Gardens, parks, the lake, Highway 427, Long Branch GO, and the Gardiner Expressway. Low monthly maintenance fees, which include property taxes, offer an attractive and affordable ownership opportunity. Owner-occupied only; rentals are not permitted. Buyer is subject to approval by the Board of Directors. (id:66096)

Property Details

MLS®: W13567192
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Radiant heat, Natural gas
Cooling: None
Garage: No Garage
Pool: Yes
Condo Fee: $425/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Listed: 112 days ago

Rooms

Lower level

Living room: 5.23 x 2.84 meters
Dining room: 2.82 x 2.36 meters
Kitchen: 3.07 x 2.29 meters
Primary Bedroom: 3.58 x 2.9 meters
Bathroom: 2.24 x 1.5 meters

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

Features

Appliances: Refrigerator, Stove, Hood Fan, Window Coverings
Exterior: Brick
Lot Features: Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

112d

Toronto (Alderwood) listings, avg age

43d

Price / ft²

$397

List price

$258K

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 1-bed single family in Toronto (Alderwood) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RIGHT AT HOME REALTY · FAYE MEAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8W)

This home lists at $258,000, about 2.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $50,396 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $95,000
Population: 22,381
Median age: 41.6
Owner / renter: 65% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M8W)

$258,000· $397/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,900

Min 5%50%

Mortgage payment$1,359/mo

↳ CMHC premium ($9,804 capitalized)

Est. property tax$0/mo

Condo fee$425/mo

Total monthly$1,784

Cash Needed to Close

Down payment (5%)$12,900

Land transfer tax$4,690

Est. closing costs$3,274

Total cash needed$20,864

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#1 785 Brown's Line, Toronto (Alderwood) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M8W)

Book a showing

Full Cost Breakdown