$599,000

For sale

#118 525 Wilson Avenue, Toronto (Clanton Park) - Single Family for Sale

#118 525 Wilson Avenue, Toronto (Clanton Park), Ontario, M3H0A7

2 beds1 bath1 parking850 ft²$631/mo condo feeListed 51 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 51 days, fresher than the Toronto average of 64 days.

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Description

Bright & Spacious 820 Sq. Ft. Ground Floor Suite Featuring Rare 9' Ceilings And A Large Private Terrace! Functional Open Concept Layout With A Versatile Den That Can Easily Serve As A Second Bedroom, Home Office Or Nursery. Modern Kitchen Overlooking The Living/Dining Area, Generous Principal Rooms And Excellent Natural Light Throughout. Updated Washer & Dryer (2023). Enjoy The Convenience Of Main Floor Living With No Elevator Required. Prime Location Steps To Wilson Subway Station, TTC, Parks, Shopping, Restaurants, Yorkdale Shopping Centre And Minutes To Hwy 401 & Allen Rd. Excellent Building Amenities. An Ideal Opportunity For First-Time Buyers, Downsizers Or Investors! (id:66096)

Property Details

MLS®: C13788376
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $631/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,808.36/yr
Listed: 51 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Exterior: Concrete, Brick
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Toronto (Clanton Park) listings, avg age

64d

Price / ft²

$705

List price

$599K

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 (Clanton Park) has been listed for 51 days, which is 13 days fresher than the city average of 64. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · LUCIE SOULAS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3H)

This home lists at $599,000, about 6.5× the local median household income of $92,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.

Median household income: $92,000
Population: 38,416
Median age: 40.8
Owner / renter: 54% / 46%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M3H)

$599,000· $705/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$234/mo

Condo fee$631/mo

Total monthly$3,992

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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