$499,900

For saleJust listed

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#1007 4968 Yonge Street, Toronto (Lansing-Westgate) - Single Family for Sale

#1007 4968 Yonge Street, Toronto (Lansing-Westgate), Ontario, M2N5N7

2 beds1 bath parking

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Investment analysis

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$499,900

Toronto

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Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $499,900, it is attractively priced about 26% below the $680,000 median asking price in Toronto. It has been on the market 2 days, fresher than the Toronto average of 87 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Recently Renovated 1+1 unit in the heart of North York, with New: Kitchen Cabinet, Kitchen Counter, Ceramic Back Splash, Dishwasher, Stove, Micro Wave Oven/Exhaust Fan, Light Fixtures. Bathroom renovated with new hand Basin/Cabinet, Wall mirror, New paint throughout the unit, Existing Window Coverings, Ready to move in, Den can be use as a second bedroom, Walk to subway, supermarket, entertainment, Restaurant, library, TTC. (id:66096)

Property Details

MLS®: C14142776
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $619/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,470.74/yr
Listed: 2 days ago

Market Timing

Days on market

Toronto (Lansing-Westgate) listings, avg age

87d

Price / ft²

$770

List price

$500K

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 (M2N)

This home lists at $499,900, about 6.1× the local median household income of $82,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 19% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$499,900· $770/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$206/mo

Condo fee$619/mo

Total monthly$3,457

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

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

#1007 4968 Yonge Street, Toronto (Lansing-Westgate) - Single Family for Sale

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Neighbourhood profile (M2N)

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