$599,000

For sale

#1202 23 Hollywood Avenue, Toronto (Willowdale East) - Single Family for Sale

#1202 23 Hollywood Avenue, Toronto (Willowdale East), Ontario, M2N7L8

2 beds2 baths1 parking850 ft²$1,048/mo condo feeListed 23 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $599,000 asking price sits right in line with the $599,999 median in Toronto. It has been on the market 23 days, fresher than the Toronto average of 56 days.

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Description

Welcome to this beautifully maintained and exceptionally valuable 2-bedroom condo in the highly sought-after Platinum Tower at Yonge and Sheppard. Situated on the 12nd floor, this bright south-facing unit offers approximately 874 sq. ft. of thoughtfully designed living space, featuring an open-concept layout, abundant natural light, and a private balcony with stunning city views.Recently painted and meticulously cared for, this residence presents an outstanding opportunity for first-time buyers, investors, or professionals seeking affordable luxury in one of North York's most vibrant and convenient neighbourhoods.Residents enjoy access to an impressive selection of premium amenities, including a bowling alley, indoor swimming pool, sauna, jacuzzi, billiards room, fitness centre, party room, home theatre, library, guest suites, visitor parking, and 24-hour concierge service. Maintenance fees include hydro, water, gas, locker, and parking, providing exceptional value and convenience. (id:66096)

Property Details

MLS®: C14031212
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,048/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,205/yr
Listed: 23 days ago

Rooms

Flat

Primary Bedroom: 6.32 x 3.15 meters
Bedroom 2: 3.15 x 2.69 meters
Living room: 6.32 x 3.15 meters
Dining room: 6.32 x 3.15 meters
Kitchen: 3.35 x 2.74 meters

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

Features

Flooring: Vinyl
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Toronto (Willowdale East) listings, avg age

56d

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 (Willowdale East) has been listed for 23 days, which is 33 days fresher than the city average of 56. Act while there is still low competition.

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Listed by JDL REALTY INC. · JOE ZHOU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $599,000, about 7.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$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.)$267/mo

Condo fee$1,048/mo

Total monthly$4,443

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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