$599,000

For sale

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#125 275 Broadview Avenue, Toronto (South Riverdale) - Single Family for Sale

#125 275 Broadview Avenue, Toronto (South Riverdale), Ontario, M4M3H5

3 beds1 bath1 parking ft²

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Investment analysis

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$599,000

Toronto

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Overview

This 3-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $599,000, it is attractively priced about 8% below the $649,999 median asking price in Toronto. It has been on the market 30 days, fresher than the Toronto average of 49 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Great opportunity to own a well priced condo townhouse in the heart of South Riverdale! Nestled in one of the most-sought after neighbourhoods. This functional layout townhome is perfect for first time home buyer or investors to add their own personal touch. Featuring 3 bedrooms, updated bathroom, and built in parking garage. Minutes to shops, restaurants, downtown core, park, 24 hour streetcar, highway DVP. Unit sold 'as is'. Inspection report available upon request. (id:66096)

Property Details

MLS®: E13870048
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Storeys: 3
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $403/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,567.99/yr
Listed: 30 days ago

Rooms

Ground level

Living room: 3.6 x 3.55 meters
Dining room: 2.9 x 2.65 meters
Kitchen: 2.55 x 2.3 meters

Second level

Primary Bedroom: 3.7 x 3.6 meters
Bedroom 2: 3.6 x 2.28 meters

Third level

Bedroom 3: 3.15 x 3.2 meters

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

Market Timing

Days on market

30d

Toronto (South Riverdale) listings, avg age

49d

Price / ft²

$631

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.

Area context

Neighbourhood profile (M4M)

This home lists at $599,000, about 6.1× the local median household income of $99,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $99,000
Population: 25,052
Median age: 38.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$599,000· $631/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.)$297/mo

Condo fee$403/mo

Total monthly$3,828

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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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#125 275 Broadview Avenue, Toronto (South Riverdale) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M4M)

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Full Cost Breakdown