$398,000

For sale

#1111 3311 Kingston Road, Toronto (Scarborough Village) - Single Family for Sale

#1111 3311 Kingston Road, Toronto (Scarborough Village), Ontario, M1M1R1

2 beds1 bath1 parking750 ft²$835/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $398,000, it is attractively priced about 19% below the $489,000 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 49 days.

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Description

Welcome to this bright and spacious 2-bedroom suite at Kingston Heights with a functional layout & unobstructed views for miles. Both bedrooms are generously sized, offering flexibility for a growing family, a home office setup ,or hosting guests. The kitchen features stainless steel appliances and flows seamlessly into the open living and dining area. Laminate flooring throughout, and a sizeable private balcony with breathtaking lake and green views. This unit comes with one parking spot and a locker & maintenance fees cover electricity, water, heat, plus Bell Fibe TV. Residents enjoy access to a fully equipped gym and an outdoor pool. Conveniently located close to groceries, shops, restaurants, TTC and GO station. Building is steps from the Doris McCarthy Trail making it easy for nature walks to the lake & the Bluffs. (id:66096)

Property Details

MLS®: E14030768
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: Window air conditioner
Garage: Garage, Underground
Condo Fee: $835/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,273.74/yr
Listed: 21 days ago

Rooms

Flat

Living room
Dining room
Kitchen
Primary Bedroom
Bedroom 2

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave, Window Coverings
Flooring: Tile, Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Toronto (Scarborough Village) listings, avg age

49d

Price / ft²

$531

List price

$398K

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 (Scarborough Village) has been listed for 21 days, which is 28 days fresher than the city average of 49. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · PETER HSIAO-YU YEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1M)

This home lists at $398,000, about 4.6× the local median household income of $87,000.

Carrying it typically needs a household income of about $77,743 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $87,000
Population: 23,258
Median age: 44.4
Owner / renter: 63% / 37%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1M)

$398,000· $531/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,900

Min 5%50%

Mortgage payment$2,096/mo

↳ CMHC premium ($15,124 capitalized)

Property tax (est.)$106/mo

Condo fee$835/mo

Total monthly$3,038

Cash Needed to Close

Down payment (5%)$19,900

Land transfer tax$8,890

Est. closing costs$3,694

Total cash needed$32,484

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