$449,000

For sale

#112 61 Markbrook Lane, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

#112 61 Markbrook Lane, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V5E7

2 beds2 baths1 parking950 ft²$440/mo condo feeListed 84 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $449,000, it is attractively priced about 8% below the $487,000 median asking price in Toronto.

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Description

Welcome to Etobicoke Cascades I! This beautifully upgraded first-floor corner suite offers exceptional convenience with no elevator required and the comfortable feel of bungalow living. Featuring one spacious bedroom and a den that could serve as a second bedroom, two bathrooms, and a bright solarium currently used as a home office, the suite boasts a desirable split-bedroom layout and expansive picture windows showcasing panoramic southeast views. The modern kitchen features updated cabinetry, stainless steel appliances-including a refrigerator, stove, dishwasher and microwave-plus a dedicated coffee station. Additional improvements include updated bathroom vanities and low-flow toilets. Enjoy abundant natural light and peaceful views overlooking the landscaped gardens, gazebo and ravine. Building amenities, nearby walking and cycling trails, transit at your doorstep and an elementary school within walking distance make this an ideal place to call home. (id:66096)

Property Details

MLS®: W13675878
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning, Window air conditioner
Garage: Garage, Underground, Inside Entry
Pool: Yes
Condo Fee: $440/mo
Fee Includes: Common Area Maintenance, Heat, Parking
Ownership: Condo/Strata
Property Tax: $1,294.76/yr

Rooms

Flat

Living room: 4.88 x 3.35 meters
Dining room: 3.35 x 2.44 meters
Kitchen: 3.96 x 2.13 meters
Primary Bedroom: 4.27 x 3.35 meters
Den: 3.81 x 2.47 meters
Solarium: 3.35 x 2.15 meters

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

Features

Appliances: All, Washer, Refrigerator, Stove, Dryer, Microwave
Flooring: Laminate, Ceramic, Vinyl
Exterior: Brick
Lot Features: Carpet Free, In suite Laundry, Sauna

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

84d

Toronto (Mount Olive-Silverstone-Jamestown) listings, avg age

64d

Price / ft²

$473

List price

$449K

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 (Mount Olive-Silverstone-Jamestown) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CENTURY 21 PARAMOUNT REALTY INC. · ALOYSIUS OKAFOR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9V)

This home lists at $449,000, about 5.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $82,000
Population: 53,878
Median age: 37.2
Owner / renter: 54% / 46%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M9V)

$449,000· $473/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$108/mo

Condo fee$440/mo

Total monthly$2,913

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$10,910

Est. closing costs$3,847

Total cash needed$37,207

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