$509,999

For sale

#1103 40 Richview Road, Toronto (Humber Heights) - Single Family for Sale

#1103 40 Richview Road, Toronto (Humber Heights), Ontario, M9A5C1

2 beds2 baths1 parking1,300 ft²$1,286/mo condo feeListed 9 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $509,999, it is attractively priced about 12% below the $576,500 median asking price in Toronto. It has been on the market 9 days, fresher than the Toronto average of 50 days.

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Description

Welcome to Humber view Heights, where elegance meets comfort. This rare corner suite offers over 1,200 sq. ft. of refined living with 2 spacious bedrooms, 2 full baths, and a sun drenched solarium with floor to ceiling windows. The open concept living and dining area provides the perfect flow for both everyday living and stylish entertaining. Enjoy a full array of resort style amenities including an indoor pool, tennis courts, fitness center, games and recreation rooms, guest suites, ample visitor parking and beautifully maintained grounds. Ideally located close to transit, shopping, dining, and parks. This condo offers an exceptional lifestyle in one of Etobicoke's most desirable communities. (id:66096)

Property Details

MLS®: W14116528
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,286/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,563.9/yr
Listed: 9 days ago

Rooms

Main level

Bathroom: 1.95 x 2.05 meters
Primary Bedroom: 4.9 x 3.35 meters
Bathroom: 1.75 x 1.62 meters
Bedroom 2: 3.22 x 4.11 meters
Kitchen: 4.34 x 2.66 meters
Family room: 4.67 x 6.4 meters
Solarium: 1.9 x 2.92 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, Hood Fan, Window Coverings
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Humber Heights) listings, avg age

50d

Price / ft²

$392

List price

$510K

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 2-bed single family in Toronto (Humber Heights) has been listed for 9 days, which is 41 days fresher than the city average of 50. Act while there is still low competition.

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Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9A)

This home lists at $509,999, about 5.5× the local median household income of $93,000.

Carrying it typically needs a household income of about $99,621 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $93,000
Population: 36,642
Median age: 43.2
Owner / renter: 51% / 49%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M9A)

$509,999· $392/ft²

For sale

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Full Cost Breakdown

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Down Payment5.10% · $25,999.90

Min 5.10%50%

Mortgage payment$2,683/mo

↳ CMHC premium ($19,360 capitalized)

Property tax (est.)$214/mo

Condo fee$1,286/mo

Total monthly$4,183

Cash Needed to Close

Down payment (5.10%)$26,000

Land transfer tax$13,350

Est. closing costs$4,030

Total cash needed$43,380

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