$389,000

For sale

#1508 2 Sonic Way, Toronto (Flemingdon Park) - Single Family for Sale

#1508 2 Sonic Way, Toronto (Flemingdon Park), Ontario, M3C0P2

1 bed1 bath1 parking250 ft²$391/mo condo feeListed 34 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $389,000, it is attractively priced about 14% below the $449,900 median asking price in Toronto. It has been on the market 34 days, fresher than the Toronto average of 54 days.

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Description

Welcome to this beautiful new one bedroom condo streaming with natural light. Enjoy floor to ceiling windows throughout, and built-in European style appliances in the modern kitchen with your stone countertops. There's ensuite laundry and walkout to your balcony with expansive south views of the city. Comes with parking and locker. Visit this condo and you'll fall in love with the vibe of building, and an atmosphere you'll love coming home to. Kids play outside in the beautiful grounds, while young people and busy downtown professionals go about their day in this very well appointed lobby. Not to mention the 25,000 sq ft of Amenities Including well equipped Gym, yoga room, Steam Room, party rooms, games room, Outdoor Terrance with private Cabanas, outdoor BBQs and dining. The building is steps to the Crosstown LRT, the Superstore, a quiet park, and the highly underrated Flemingdon Park Shopping Centre (Sunny Food Mart, Shoppers Drug Mart, McDonalds, Tim Hortons, Dr Office and walk-in clinic, sushi, pizza - it has everything!). And if you're driving, the DVP is mere minutes away! This is the perfect opportunity to own a condo at an affordable price, where proximity to downtown and transit meets the amenities and the park like setting of a quiet neighbourhood. (id:66096)

Property Details

MLS®: C13848286
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $391/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,036/yr
Listed: 34 days ago

Rooms

Main level

Kitchen: 3.22 x 2.72 meters
Living room: 3.2 x 3.13 meters
Dining room: 3.2 x 3.13 meters
Bedroom: 3.2 x 2.79 meters

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

Features

Appliances: Range, Oven - Built-In
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Toronto (Flemingdon Park) listings, avg age

54d

Price / ft²

$1,559

List price

$389K

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 1-bed single family in Toronto (Flemingdon Park) has been listed for 34 days, which is 20 days fresher than the city average of 54. Act while there is still low competition.

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Listed by CENTURY 21 PERCY FULTON LTD. · TALAL YOUSUF

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3C)

This home lists at $389,000, about 5.2× the local median household income of $74,500.

Carrying it typically needs a household income of about $75,985 (20% down, 25-yr amortization, stress-tested) — roughly 2% above the area median.

Median household income: $74,500
Population: 39,616
Median age: 40.4
Owner / renter: 45% / 55%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M3C)

$389,000· $1,559/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,450

Min 5%50%

Mortgage payment$2,049/mo

↳ CMHC premium ($14,782 capitalized)

Property tax (est.)$170/mo

Condo fee$391/mo

Total monthly$2,610

Cash Needed to Close

Down payment (5%)$19,450

Land transfer tax$8,620

Est. closing costs$3,667

Total cash needed$31,737

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