$310,000

For sale

#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.

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

For sale

20 days ago

$380K

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

2 bd1 ba1 pk950 ft²+$924/mo

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

2 bd1 ba1 pk1,100 ft²+$924/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

Investment analysis

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$310,000

Toronto

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#1512 234 Albion Road, Toronto (Elms-Old Rexdale) - Single Family for Sale

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

2 beds1 bath1 parking$1,091/mo condo feeListed 135 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale. Listed at $310,000, it is attractively priced about 27% below the $424,900 median asking price in Toronto.

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

Description

Enjoy the rare convenience of one separate, underground parking spaces - a standout advantage as the only unit currently for sale across the three-building complex to offer it. This beautifully 2-bed, 1-bath condo delivers everyday ease and long-term value. Inside, a stylish open-concept layout features wide-plank wood/Tile flooring, kitchen with appliances, and full bath carpet-free, and filled with natural light, the suite extends to a private balcony with sunset views. Toronto Sky Line Humber River Steps to transit, top-rated schools, Humber River trails, golf, the hospital, and major highways - a turnkey opportunity in a prime, commuter friendly location. Property needs TLC Gym, Sauna , Party Room , Children Play Ground . Close to 401, 400 and Highway 27. Maintenance Fee- Include Water, Hydro , CAC, Parking, Building Insurance Common Elements. (id:66096)

Property Details

MLS®: W13475992
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,091/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Parking
Ownership: Condo/Strata
Property Tax: $547.28/yr
Listed: 135 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Blinds
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

135d

Toronto (Elms-Old Rexdale) listings, avg age

63d

List price

$310K

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 (Elms-Old Rexdale) 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 RE/MAX WEST REALTY INC. · ANDREW MAHESH FERNANDO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9W)

This home lists at $310,000, about 3.6× the local median household income of $85,000.

Carrying it typically needs a household income of about $60,554 (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)

$310,000

For sale

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Full Cost Breakdown

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Down Payment5% · $15,500

Min 5%50%

Mortgage payment$1,633/mo

↳ CMHC premium ($11,780 capitalized)

Property tax (est.)$46/mo

Condo fee$1,091/mo

Total monthly$2,769

Cash Needed to Close

Down payment (5%)$15,500

Land transfer tax$6,250

Est. closing costs$3,430

Total cash needed$25,180

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