$508,800

For sale

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#1107 2627 Mccowan Road, Toronto (Agincourt North) - Single Family for Sale

#1107 2627 Mccowan Road, Toronto (Agincourt North), Ontario, M1S5T1

2 beds2 baths1 parking ft²

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Investment analysis

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$508,800

Toronto

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$718/mo condo fee

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $508,800 asking price sits right in line with the $509,900 median in Toronto. It has been on the market 40 days, fresher than the Toronto average of 75 days.

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

Description

Welcome to the Luxury Monarch Condos at 2627 McCowan Road unit #1107. This well-maintained spacious corner unit offers 2 large bedrooms, 2 bathrooms, with plenty of natural light and unobstructed views. 24 Hour Concierge, Guests Suites, an Indoor Swimming Pool/Sauna/Gym/Party Room, a tennis court, table tennis, a car wash and an excellent walk score. Quick access to the 401, Schools, Malls, TTC, shops, restaurants and more. Exclusive parking and locker included. Perfect for anyone seeking space, comfort and convenience. (id:66096)

Property Details

MLS®: E13832378
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning, Ventilation system
Garage: Garage, Underground
Condo Fee: $718/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,301.94/yr
Listed: 40 days ago

Rooms

Main level

Kitchen: 2.49 x 2.43 meters
Bedroom 2: 3.23 x 2.68 meters
Eating area: 1.85 x 2.52 meters
Primary Bedroom: 3.1 x 3.87 meters
Living room: 5.15 x 3.68 meters
Dining room: 5.15 x 3.68 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, Intercom, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Garage door opener remote(s)
Exterior: Brick
Lot Features: Wheelchair access, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Toronto (Agincourt North) listings, avg age

75d

Price / ft²

$599

List price

$509K

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 (Agincourt North) has been listed for 40 days, which is 35 days fresher than the city average of 75. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · ANDREW CONTI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1S)

This home lists at $508,800, about 6.3× the local median household income of $81,000.

Carrying it typically needs a household income of about $99,386 (20% down, 25-yr amortization, stress-tested) — roughly 23% above the area median.

Median household income: $81,000
Population: 37,663
Median age: 44.4
Owner / renter: 75% / 25%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1S)

$508,800· $599/ft²

For sale

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Full Cost Breakdown

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Down Payment5.09% · $25,880

Min 5.09%50%

Mortgage payment$2,677/mo

↳ CMHC premium ($19,317 capitalized)

Property tax (est.)$192/mo

Condo fee$718/mo

Total monthly$3,587

Cash Needed to Close

Down payment (5.09%)$25,880

Land transfer tax$13,302

Est. closing costs$4,026

Total cash needed$43,208

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