$549,000

For sale

#1602 18 Parkview Avenue, Toronto (Willowdale East) - Single Family for Sale

#1602 18 Parkview Avenue, Toronto (Willowdale East), Ontario, M2N7H7

2 beds1 bath1 parking650 ft²$677/mo condo feeListed 48 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $549,000, it is attractively priced about 8% below the $599,999 median asking price in Toronto. It has been on the market 48 days, fresher than the Toronto average of 56 days.

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Description

Welcome to Unit 1602 at 18 Parkview Ave, The Majestic II by Conservatory Group. This exceptionally well-maintained one-bedroom suite offers approximately 680 sq. ft. of bright, comfortable living space, featuring newer vinyl flooring, a quartz kitchen countertop, and a versatile solarium with its own separate entrance. The solarium provides flexible additional space that can be used as a home office, reading area, or sleeping space. Enjoy the convenience of being just a couple of minutes' walk from the subway, Mel Lastman Square, Meridian Arts Centre, library, fitness facilities, future T&T Supermarket, and a variety of restaurants. One parking space and one locker are included. Maintenance fees conveniently cover heat, hydro, water, and more. A bright and functional home in a highly convenient North York location, offering excellent access to transit, shopping, entertainment, and everyday amenities. (id:66096)

Property Details

MLS®: C13806368
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $677/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,516.78/yr
Listed: 48 days ago

Rooms

Flat

Bedroom: 3.05 x 4.19 meters
Living room: 3.35 x 6.12 meters
Dining room: 3.35 x 6.12 meters
Kitchen: 2.44 x 2.44 meters
Sunroom: 3.05 x 2.59 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Flooring: Tile, Vinyl
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Toronto (Willowdale East) listings, avg age

56d

Price / ft²

$845

List price

$549K

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 (Willowdale East) has been listed for 48 days, which is 8 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · ROB LO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $549,000, about 6.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 31% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$549,000· $845/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$210/mo

Condo fee$677/mo

Total monthly$3,765

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$14,910

Est. closing costs$4,147

Total cash needed$48,957

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