$398,500

For saleJust listed

#1506 3845 Lakeshore Boulevard, Toronto (Long Branch) - Single Family for Sale

#1506 3845 Lakeshore Boulevard, Toronto (Long Branch), Ontario, M8W4Y3

2 beds1 bath1 parking750 ft²$850/mo condo feeListed 5 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 5 days, fresher than the Toronto average of 33 days.

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Description

Lakeside Living in Sought-After South Etobicoke! Enjoy beautiful views of Lake Ontario in this inviting 2-bedroom, 1-bathroom suite featuring an open-concept living and dining area, highlighted by a charming bow window overlooking the water. The primary bedroom offers a walk-in closet and stunning morning sunrise views. A convenient stacked washer and dryer add to the suite's functionality. Step out from the living and dining area onto a spacious balcony and take in clear, unobstructed views of Lake Ontario and the Toronto skyline to the East. Ideally located close to GO Transit, TTC, Highway 427 and the Gardiner Expressway, making commuting a breeze. Enjoy easy access to nearby schools, parks and recreational facilities. A wonderful opportunity to enjoy lakeside living with convenient access to everything the city has to offer! Ready for some TLC, this condo offers the perfect opportunity to bring your own style and ideas to life. (id:66096)

Property Details

MLS®: W14131534
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 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: $850/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,163.82/yr
Listed: 5 days ago

Rooms

Flat

Kitchen: 3.1 x 2.8 meters
Living room: 4.5 x 2.6 meters
Dining room: 3.9 x 3.1 meters
Primary Bedroom: 4.3 x 3.15 meters
Bedroom 2: 3.3 x 2.7 meters
Laundry room: 1.75 x 1.05 meters

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

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Carpeted
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Long Branch) listings, avg age

33d

Price / ft²

$532

List price

$399K

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 (Long Branch) has been listed for 5 days, which is 28 days fresher than the city average of 33. Act while there is still low competition.

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Listed by RE/MAX PROFESSIONALS INC. · MICHAEL JOHN ILCIO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8W)

This home lists at $398,500, about 4.2× the local median household income of $95,000.

Carrying it typically needs a household income of about $77,841 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $95,000
Population: 22,381
Median age: 41.6
Owner / renter: 65% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M8W)

$398,500· $532/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,925

Min 5%50%

Mortgage payment$2,099/mo

↳ CMHC premium ($15,143 capitalized)

Property tax (est.)$180/mo

Condo fee$850/mo

Total monthly$3,129

Cash Needed to Close

Down payment (5%)$19,925

Land transfer tax$8,905

Est. closing costs$3,696

Total cash needed$32,526

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