$389,900

$399,800For salePrice drop↓ $9,900 (2%)

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#101 1346 Danforth Road, Toronto (Eglinton East) - Single Family for Sale

#101 1346 Danforth Road, Toronto (Eglinton East), Ontario, M1J0A9

1 bed1 bath parking

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Investment analysis

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$389,900

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $389,900, it is attractively priced about 9% below the $429,000 median asking price in Toronto. It has been on the market 39 days, fresher than the Toronto average of 48 days.

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

Description

Stunning Natural Light Filled Condo Unit. Situated In A Family-Friendly Neighborhood, Open Concept Living Dining With High Ceiling, Modern Appliances, Laundry And An East Facing PRIVATE WALKOUT Balcony. Building Includes Party Room, Gym, And Private Outdoor Space. Close To Eglinton Go Train, Ttc, Shopping & 20 Minutes To Downtown. (id:66096)

Property Details

MLS®: E13832030
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $359/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,526.95/yr
Listed: 39 days ago

Market Timing

Days on market

39d

Toronto (Eglinton East) listings, avg age

48d

Price / ft²

$710

List price

$390K

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 (M1J)

This home lists at $389,900, about 5.1× the local median household income of $76,500.

Carrying it typically needs a household income of about $76,161 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $76,500
Population: 37,002
Median age: 37.6
Owner / renter: 46% / 54%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M1J)

$389,900· $710/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,495

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,816 capitalized)

Property tax (est.)$127/mo

Condo fee$359/mo

Total monthly$2,539

Cash Needed to Close

Down payment (5%)$19,495

Land transfer tax$8,647

Est. closing costs$3,670

Total cash needed$31,812

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

#101 1346 Danforth Road, Toronto (Eglinton East) - Single Family for Sale

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Neighbourhood profile (M1J)

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