$589,900

For sale

#1501 121 Mcmahon Drive, Toronto (Bayview Village) - Single Family for Sale

#1501 121 Mcmahon Drive, Toronto (Bayview Village), Ontario, M2K0C1

2 beds1 bath1 parking750 ft²$653/mo condo feeListed 111 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $589,900 asking price sits right in line with the $599,000 median in Toronto.

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Description

Tango Condo Located In The Highly Sought-After North York Bayview Village Community . Bright And Spacious With Perfect Functional Layout ,Very Well Maintained 1 Br + Den Corner Unit, Overlooking Park W/ Breathtaking Unobstructed Panoramic View, 708Sqft + 92 Sqft Balcony W/Floor- To- Ceiling Windows. Den Can Be 2nd Bedroom Or Office With Large Window, Modern Kitchen W/Granite Countertop. A Huge Ensuite Storage. Elegent Amenities Including Large Size Gym, Sauna, Indoor And Outdoor Hot Tubs ,Guest Suites, Party Room, 24 Hour Concierge, Visitor Parking. Prime Location,Short Walk To 2 Subway Stations, Go Train, Ikea, Canadian Store, Starbucks, McDonalds ,Hospital, Trails , Parks And Excellent Community Center. Close To Hwy 401, 404 And Shopping Malls. One Parking Included.The Best Choice For A High-Quality Urban Lifestyle. (id:66096)

Property Details

MLS®: C13580558
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
Condo Fee: $653/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,670.25/yr
Listed: 111 days ago

Rooms

Flat

Living room: 7.18 x 3.62 meters
Dining room: 7.18 x 3.62 meters
Kitchen: 3.01 x 2.82 meters
Primary Bedroom: 3.56 x 2.78 meters
Den: 2.4 x 2.08 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
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

111d

Toronto (Bayview Village) listings, avg age

50d

Price / ft²

$787

List price

$590K

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 (Bayview Village) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by REAL ONE REALTY INC. · MING LIAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $589,900, about 7.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $115,228 (20% down, 25-yr amortization, stress-tested) — roughly 39% above the area median.

Median household income: $83,000
Population: 25,377
Median age: 40.4
Owner / renter: 56% / 44%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M2K)

$589,900· $787/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,990.00

Min 5.76%50%

Mortgage payment$3,082/mo

↳ CMHC premium ($22,236 capitalized)

Property tax (est.)$223/mo

Condo fee$653/mo

Total monthly$3,958

Cash Needed to Close

Down payment (5.76%)$33,990

Land transfer tax$16,546

Est. closing costs$4,270

Total cash needed$54,806

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