$299,900

$329,990For salePrice drop↓ $30,090 (9%)

#1006 1028 Mcnicoll Avenue, Toronto (Steeles) - Single Family for Sale

#1006 1028 Mcnicoll Avenue, Toronto (Steeles), Ontario, M1W0A8

0 beds1 bath0 parking250 ft²$664/mo condo feeListed 36 days ago

Overview

This 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $299,900, it is attractively priced about 33% below the $450,000 median asking price in Toronto. It has been on the market 36 days, fresher than the Toronto average of 40 days.

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Description

Welcome to comfortable, maintenance-free living in this premier Life Lease community at 1028 McNicoll Ave! This cozy and efficient studio unit is exclusively designed for residents aged 55 and older under a secure Life Lease ownership model, offering a peaceful, independent, and vibrant neighborhood atmosphere. Residents enjoy an array of exceptional building amenities tailored for active and comfortable mature living, including a grand lobby, an exercise room, a library, a games and meeting room, guest suites, and active community programs with meal and cafeteria services. Ideally located close to public transit, shopping, parks, and medical services, this supportive Life Lease community provides an ideal setting for anyone looking to downsize into a convenient and well-connected home. (id:66096)

Property Details

MLS®: E13841034
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $664/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,221/yr
Listed: 36 days ago

Rooms

Flat

Kitchen: 6.12 x 3.48 meters
Bedroom: 2.79 x 2.69 meters
Bathroom: 1.85 x 1.91 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, Stove, Dryer
Flooring: Tile, Laminate
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (Steeles) listings, avg age

40d

Price / ft²

$1,202

List price

$300K

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 single family in Toronto (Steeles) has been listed for 36 days, which is 4 days fresher than the city average of 40. Act while there is still low competition.

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Listed by FIRST CLASS REALTY INC. · JEFFREY SHEW

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1W)

This home lists at $299,900, about 3.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 47,070
Median age: 48
Owner / renter: 74% / 26%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1W)

$299,900· $1,202/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,995

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,396 capitalized)

Property tax (est.)$102/mo

Condo fee$664/mo

Total monthly$2,345

Cash Needed to Close

Down payment (5%)$14,995

Land transfer tax$5,947

Est. closing costs$3,400

Total cash needed$24,342

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