$417,000

For sale

#404 45 Connaught Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2V8

1 ba550 ft²+$400/mo

Listed by RE/MAX EXPERTS

#402 45 Connaught Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2V8

For sale

22 days ago

$550K

#402 45 Connaught Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2V8

1 bd1 ba750 ft²+$558/mo

Listed by RE/MAX EXPERTS

#303 45 Connaught Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2V8

For sale

22 days ago

$440K

#303 45 Connaught Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2V8

1 bd1 ba550 ft²+$433/mo

Listed by RE/MAX EXPERTS

#302 45 Connaught Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2V8

For sale

22 days ago

$550K

#302 45 Connaught Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2V8

1 bd1 ba750 ft²+$557/mo

Listed by RE/MAX EXPERTS

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (est. / yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$417,000

Toronto

Book a showing

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $417,000, it is attractively priced about 26% below the $559,900 median asking price in Toronto. It has been on the market 22 days, fresher than the Toronto average of 50 days.

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

Description

Location, Quality and Value - Welcome to Connaught 45! The spaciousness of this unit and functionality of its layout is unlike anything you've seen in a new building, a true spacious condo living. This unbelievable brand new boutique building will put you in one of the most desired areas in Leslieville, minutes to The Beaches at a price that can't be beat! If you love boutique living and keeping your monthly costs to a minimum, look no further! Tons of natural light, modern appliances, en-suite laundry, open concept, stone countertops. Comes with locker and bike rack. City transit at your door for easy and convenient commuting. Minutes to downtown, and a light walk / bike ride to the beach, boardwalk, Woodbine Park, bike trails, and plethora of shops, restaurants and other local amenities. All-inclusive building maintenance fee is projected to be some of the lowest in the city, leaving you with more money for your lifestyle. An absolute must-see building with many available units of various configurations to suit your exact needs! ***Surface parking available for purchase for 35k. (id:66096)

Property Details

MLS®: E14034226
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: $447/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Listed: 22 days ago

Market Timing

Days on market

22d

Toronto (Greenwood-Coxwell) listings, avg age

50d

Price / ft²

$759

List price

$417K

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 (M4L)

This home lists at $417,000, about 4.1× the local median household income of $101,000.

Carrying it typically needs a household income of about $81,455 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $101,000
Population: 32,218
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4L)

$417,000· $759/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $20,850

Min 5%50%

Mortgage payment$2,196/mo

↳ CMHC premium ($15,846 capitalized)

Est. property tax$0/mo

Condo fee$447/mo

Total monthly$2,643

Cash Needed to Close

Down payment (5%)$20,850

Land transfer tax$9,630

Est. closing costs$3,751

Total cash needed$34,231

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator

#103 45 Connaught Avenue, Toronto (Greenwood-Coxwell) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M4L)

Book a showing

Full Cost Breakdown