$599,000

For sale

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#1518 1883 Mcnicoll Avenue, Toronto (Steeles) - Single Family for Sale

#1518 1883 Mcnicoll Avenue, Toronto (Steeles), Ontario, M1V5M3

3 beds2 baths2 parking ft²

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↓ $20K (5%) price drop

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#Unit 44 29 Fundy Bay Boulevard, Toronto (Steeles), Ontario, M1W3A2

For sale

14 days ago

$588K

#Unit 44 29 Fundy Bay Boulevard, Toronto (Steeles), Ontario, M1W3A2

3 bd3 ba2 pk1,300 ft²+$507/mo

Listed by BAY STREET GROUP INC.

Investment analysis

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$599,000

Toronto

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Description

Location! 2Bedroom + Sunroom ( Can Use As A Bedroom) + Den Main Br Have Walk In Closet. Just Painted Unit. Steps To All Amenities, Parks And Community Centre Just Across The Street, Ttc Bus At Door. Open Concept Family Size Kitchen W/ Breakfast Area. Bright And Spacious Recreation Facilities With Indoor Swimming Pool. Ensuite Laundry, Unobstructed View. 24 Hrs Gate House Security. (id:66096)

Property Details

MLS®: E13886404
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $893/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,478.41/yr
Listed: 25 days ago

Rooms

Flat

Living room: 5.61 x 3.44 meters
Dining room: 5.92 x 2.44 meters
Kitchen: 2.57 x 1.83 meters
Eating area: 3.18 x 1.83 meters
Primary Bedroom: 4.27 x 2.9 meters
Bedroom: 3.05 x 2.57 meters
Solarium: 3.05 x 2.57 meters
Mud room: 0.01 x 0.01 meters

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

Market Timing

Days on market

25d

Toronto (Steeles) listings, avg age

40d

Price / ft²

$545

List price

$599K

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 (M1V)

This home lists at $599,000, about 7.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.

Median household income: $82,000
Population: 50,825
Median age: 45.6
Owner / renter: 81% / 19%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1V)

$599,000· $545/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$207/mo

Condo fee$893/mo

Total monthly$4,227

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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

#1518 1883 Mcnicoll Avenue, Toronto (Steeles) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

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Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M1V)

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