$525,000

For saleJust listed

#1401 235 Sherway Gardens Road, Toronto (Islington-City Centre West) - Single Family for Sale

#1401 235 Sherway Gardens Road, Toronto (Islington-City Centre West), Ontario, M9C0A2

2 beds1 bath1 parking750 ft²$663/mo condo feeListed 6 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $525,000 asking price sits right in line with the $519,000 median in Toronto. It has been on the market 6 days, fresher than the Toronto average of 57 days.

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Description

Absolutely Stunning Condo In Prestigious Sherway Gardens!! One Of The Largest 1+Den Layouts Offered For Sale, With Just Over 700 Sq. Ft. And An Ideal, Open-Concept Layout. The Spacious Kitchen Offers Granite Countertops, Stainless Steel Appliances, Tons Of Counter And Cabinet Space, Plus Room For A Separate Kitchen Table Or Even A Small Workout Area. Newer Luxury Vinyl Flooring Runs Throughout, And Ample In-Suite Storage With Spacious Double-Door Closets Provides Plenty Of Room To Keep Everything Organized. The Generously Sized Den Is Large Enough For A Full Home Office Or Offers Plenty Of Space To Create A Second Guest Room With A Murphy Bed. Sherway Gardens, TTC And Trillium Hospital Are All At Your Doorstep, With Quick Access To The 427 And QEW For Easy Commuting. Spacious, Functional And Exceptionally Well Located - You Don't Want To Miss This One! (id:66096)

Property Details

MLS®: W14131280
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $663/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,386/yr
Listed: 6 days ago

Rooms

Flat

Kitchen: 2.67 x 2.44 meters
Living room: 3.23 x 6.17 meters
Dining room: 3.23 x 6.17 meters
Primary Bedroom: 2.82 x 3.35 meters
Den: 2.24 x 2.44 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, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Tile, Vinyl
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Islington-City Centre West) listings, avg age

57d

Price / ft²

$700

List price

$525K

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 (Islington-City Centre West) has been listed for 6 days, which is 51 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · HEIDI DEVEAU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9C)

This home lists at $525,000, about 5.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $95,000
Population: 38,725
Median age: 45.6
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M9C)

$525,000· $700/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$199/mo

Condo fee$663/mo

Total monthly$3,620

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$13,950

Est. closing costs$4,075

Total cash needed$45,525

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