$379,000

For sale

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#102 5131 Sheppard Avenue East, Toronto (Malvern) - Single Family for Sale

#102 5131 Sheppard Avenue East, Toronto (Malvern), Ontario, M1B0C9

2 beds1 bath1 parking ft²

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Investment analysis

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$379,000

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 $379,000, it is attractively priced about 20% below the $474,900 median asking price in Toronto. It has been on the market 28 days, fresher than the Toronto average of 61 days.

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

Description

Lovely One Bedroom Plus Den Condo. The Kitchen is Nicely Equipped With Stainless Steel Appliances And An Island For Extra Prep Area And Storage. The Bedroom Features A large Window, Spacious Closet and Coffered Ceiling. Need To Share Work Space? The Den Can Accommodate Two Work Stations. Walkout From The Living Room To The Patio. There Is A Community Greenhouse, You Can Grow Your Own Vegetables. Conveniently Located Parking Space. Close To Shopping, Transit, Hwy 401, Centennial College And U of T Campus. (id:66096)

Property Details

MLS®: E13873514
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: $519/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,995.01/yr
Listed: 28 days ago

Market Timing

Days on market

28d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$584

List price

$379K

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 (M1B)

This home lists at $379,000, about 4.2× the local median household income of $91,000.

Carrying it typically needs a household income of about $74,032 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $91,000
Population: 65,555
Median age: 39.6
Owner / renter: 72% / 28%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1B)

$379,000· $584/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,950

Min 5%50%

Mortgage payment$1,996/mo

↳ CMHC premium ($14,402 capitalized)

Property tax (est.)$166/mo

Condo fee$519/mo

Total monthly$2,682

Cash Needed to Close

Down payment (5%)$18,950

Land transfer tax$8,320

Est. closing costs$3,637

Total cash needed$30,907

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

#102 5131 Sheppard Avenue East, Toronto (Malvern) - Single Family for Sale

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Neighbourhood profile (M1B)

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