$599,000

For sale

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#1004 1070 Sheppard Avenue, Toronto (York University Heights) - Single Family for Sale

#1004 1070 Sheppard Avenue, Toronto (York University Heights), Ontario, M3J0G8

3 beds2 baths1 parking ft²

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Listed by CENTURY 21 HERITAGE GROUP LTD.

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#11 21 Four Winds Drive, Toronto (York University Heights), Ontario, M3J1K7

For sale

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$500K

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Investment analysis

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$599,000

Toronto

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Description

Excellent location! Conveniently located near Downsview Subway Station and just a short drive from Yorkdale Mall, York University, and major highways. This spacious 2-bedroom plus den, 2-full-washroom unit features brand-new flooring throughout and appliances that are all less than a year old. Enjoy a vibrant lifestyle with top-tier amenities, including a 24/7 concierge, indoor pool, sauna, gym, party room, golf simulator, and media room. Move-in ready. (id:66096)

Property Details

MLS®: W14108874
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $844/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,708.65/yr
Listed: 13 days ago

Market Timing

Days on market

13d

Toronto (York University Heights) listings, avg age

66d

Price / ft²

$631

List price

$599K

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.

Area context

Neighbourhood profile (M3J)

This home lists at $599,000, about 7.9× the local median household income of $75,500.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.

Median household income: $75,500
Population: 26,600
Median age: 36
Owner / renter: 48% / 52%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3J)

$599,000· $631/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$226/mo

Condo fee$844/mo

Total monthly$4,197

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#1004 1070 Sheppard Avenue, Toronto (York University Heights) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M3J)

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Full Cost Breakdown