$380,000

For sale

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#1507 238 ALBION Road, Toronto (Elms-Old Rexdale) - Single Family for Sale

#1507 238 ALBION Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

2 beds1 bath1 parking ft²

#1512 234 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A5

2 bd1 ba1 pk1,100 ft²+$1091/mo

Listed by RE/MAX WEST REALTY INC.

#1108 238 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

For saleJust listed

6 days ago

$450K

#1108 238 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

3 bd2 ba1 pk1,100 ft²+$1081/mo

Listed by iCloud Realty Ltd.

#607 238 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

For sale

35 days ago

$425K

#607 238 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

2 bd1 ba1 pk1,100 ft²+$924/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

#604 236 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A6

For sale

35 days ago

$430K

#604 236 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A6

3 bd2 ba1 pk1,100 ft²+$977/mo

Listed by META REALTY INC.

Investment analysis

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$380,000

Toronto

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Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $380,000, it is attractively priced about 11% below the $424,900 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 62 days.

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

Description

Step into this Big, Bright, and Beautiful 2-Bedroom Condo offering stunning panoramic views of the Humber Valley Golf Course from your very own private terrace! With nearly 1,000 sqft of well-designed space, this meticulously maintained home features gleaming hardwood floors, a modern kitchen with a breakfast bar, and ample storage throughout. Located in a clean, quiet, and well-managed building with TTC at your doorstep and easy access to Hwy 401/400, you're just minutes to plazas, supermarkets, parks, and top-rated schools. A rare blend of size, style, and convenience don't miss this gem! (id:66096)

Property Details

MLS®: W14084608
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $924/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water
Ownership: Condo/Strata
Property Tax: $876/yr
Listed: 20 days ago

Market Timing

Days on market

20d

Toronto (Elms-Old Rexdale) listings, avg age

62d

Price / ft²

$400

List price

$380K

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 (M9W)

This home lists at $380,000, about 4.5× the local median household income of $85,000.

Carrying it typically needs a household income of about $74,227 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $85,000
Population: 40,977
Median age: 38.8
Owner / renter: 58% / 42%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M9W)

$380,000· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,000

Min 5%50%

Mortgage payment$2,001/mo

↳ CMHC premium ($14,440 capitalized)

Property tax (est.)$73/mo

Condo fee$924/mo

Total monthly$2,998

Cash Needed to Close

Down payment (5%)$19,000

Land transfer tax$8,350

Est. closing costs$3,640

Total cash needed$30,990

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

#1507 238 ALBION Road, Toronto (Elms-Old Rexdale) - Single Family for Sale

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Neighbourhood profile (M9W)

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