$699,000

For sale

#1206 8 Hillcrest Avenue, Toronto (Willowdale East) - Single Family for Sale

#1206 8 Hillcrest Avenue, Toronto (Willowdale East), Ontario, M2N6Y6

2 beds2 baths1 parking950 ft²$820/mo condo feeListed 45 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 45 days, fresher than the Toronto average of 56 days.

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Description

Welcome to Pinnacle at Empress, ideally located in the heart of vibrant North York! This exceptional residence offers the ultimate in urban convenience with direct access to the Empress Walk complex and just steps to the subway, restaurants, theatres, shopping, Farmers Market, top-rated schools, major highways, and the soon-to-open T&T Supermarket. This bright and well-appointed 2-bedroom suite features a highly functional layout, unobstructed views, and an abundance of natural light. The modern kitchen is equipped with stainless steel appliances, while the spacious private balcony provides the perfect place to unwind and enjoy the panoramic cityscape. An outstanding opportunity to own in one of North York's most sought-after communities, where every amenity is right at your doorstep. (id:66096)

Property Details

MLS®: C13813646
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $820/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,112.79/yr
Listed: 45 days ago

Rooms

Flat

Living room: 5.56 x 3.12 meters
Dining room: 3.07 x 2.69 meters
Kitchen: 2.44 x 4.22 meters
Primary Bedroom: 3.38 x 3.89 meters
Bedroom 2: 0.88 x 2.75 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, Oven, Dryer, Furniture, Window Coverings
Flooring: Hardwood, Ceramic
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Toronto (Willowdale East) listings, avg age

56d

Price / ft²

$736

List price

$699K

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 45 days, which is 11 days fresher than the city average of 56. Act while there is still low competition.

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Listed by FOREST HILL REAL ESTATE INC. · FAITHE SVERSKY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $699,000, about 8.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 67% 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)

$699,000· $736/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$343/mo

Condo fee$820/mo

Total monthly$4,789

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$20,910

Est. closing costs$4,597

Total cash needed$70,407

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