$660,000

For sale

#112 245 The Donway West, Toronto (Banbury-Don Mills) - Single Family for Sale

#112 245 The Donway West, Toronto (Banbury-Don Mills), Ontario, M3B3M2

2 beds2 baths1 parking1,300 ft²$934/mo condo feeListed 13 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 13 days, fresher than the Toronto average of 48 days.

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Description

Welcome To This Beautiful And Spacious Two-Bedroom, Two-Bathroom Suite In The Desirable Village Mews! Nestled In The Heart Of Don Mills And Lawrence, This Sun-Filled Residence Features Wall-To-Wall Windows In The Living/Dining Area And Both Bedrooms, Filling The Home With An Abundance Of Natural Light. The Bright And Welcoming Living And Dining Area Offers An Ideal Setting For Relaxing And Entertaining. The Open-Concept Kitchen Features New Ceramic Flooring, Fresh Paint, Ample Cabinetry, And Plenty Of Space For Everyday Cooking And Storage. The Generous Primary Bedroom Boasts An Oversized Walk-In Closet And A Private Ensuite Bathroom With New Luxury Vinyl Tile Flooring And Fresh Paint. A Spacious Second Bedroom With Closet, Convenient In-Suite Laundry, And A Newly Renovated Guest Bathroom With Elegant Ceramic Tile Complete This Well-Designed Suite. Village Mews Offers Beautifully Landscaped Grounds, Meticulously Maintained Gardens, A Garden Pavilion Party Room, And An Outdoor Patio For Residents To Enjoy. Maintenance Fees Include Rogers High-Speed Internet, VIP Cable TV Channels, And Water. Ideally Located Within Walking Distance To The Shops At Don Mills, Excellent Schools, Restaurants, Library, Parks, And Scenic Trails. Enjoy Easy Access To The DVP, Highway 401, And TTC. A Wonderful Opportunity To Enjoy Comfort, Convenience, And A Vibrant Don Mills Lifestyle! (id:66096)

Property Details

MLS®: C14108668
Property Type: Single Family
Zoning: Condo
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $934/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,053.89/yr
Listed: 13 days ago

Rooms

Main level

Living room: 5.9 x 5 meters
Primary Bedroom: 5.1 x 3.65 meters
Bedroom 2: 3.5 x 3.1 meters
Kitchen: 3.1 x 3.1 meters
Bathroom: 3 x 1.5 meters
Bathroom: 3.7 x 3.5 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, Window Coverings, Water Heater
Exterior: Brick
Lot Features: Elevator, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (Banbury-Don Mills) listings, avg age

48d

Price / ft²

$508

List price

$660K

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 (Banbury-Don Mills) has been listed for 13 days, which is 35 days fresher than the city average of 48. Act while there is still low competition.

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Listed by HOMELIFE/FUTURE REALTY INC. · DINA AZIZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3B)

This home lists at $660,000, about 5.5× the local median household income of $121,000.

Carrying it typically needs a household income of about $128,921 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $121,000
Population: 12,880
Median age: 49.2
Owner / renter: 77% / 23%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M3B)

$660,000· $508/ft²

For sale

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Full Cost Breakdown

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Down Payment6.21% · $41,000

Min 6.21%50%

Mortgage payment$3,432/mo

↳ CMHC premium ($24,760 capitalized)

Property tax (est.)$254/mo

Condo fee$934/mo

Total monthly$4,620

Cash Needed to Close

Down payment (6.21%)$41,000

Land transfer tax$19,350

Est. closing costs$4,480

Total cash needed$64,830

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