$618,000

$689,000For salePrice drop↓ $71,000 (10%)

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#1604 50 O'Neill Road, Toronto (Banbury-Don Mills) - Single Family for Sale

#1604 50 O'Neill Road, Toronto (Banbury-Don Mills), Ontario, M3C0R1

3 beds2 baths parking

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Investment analysis

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$618,000

Toronto

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Description

A functionally designed open concept, modern 2-Bedroom plus Den condominium. The suite features two full bathrooms and a spacious den, perfect for a home office. Contemporary kitchen with high end build in appliances. Parking and locker are included. Round-the-clock building concierge service. Floor-to-ceiling windows with roller blinds, 2 access to the big balcony. Located steps from the Shops at Don Mills. Walk to schools, library, parks and Metro Supermarket. Public transit to Don Mills Station. Highway access to DVE. Designed for living and life enjoyment. Well managed. (id:66096)

Property Details

MLS®: C13665544
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Electric, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $788/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,431.09/yr
Listed: 86 days ago

Market Timing

Days on market

86d

Toronto (Banbury-Don Mills) listings, avg age

49d

Price / ft²

$727

List price

$618K

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 (M3C)

This home lists at $618,000, about 8.3× the local median household income of $74,500.

Carrying it typically needs a household income of about $120,717 (20% down, 25-yr amortization, stress-tested) — roughly 62% 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)

$618,000· $727/ft²

For sale

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Full Cost Breakdown

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Down Payment5.95% · $36,800

Min 5.95%50%

Mortgage payment$3,222/mo

↳ CMHC premium ($23,248 capitalized)

Property tax (est.)$286/mo

Condo fee$788/mo

Total monthly$4,296

Cash Needed to Close

Down payment (5.95%)$36,800

Land transfer tax$17,670

Est. closing costs$4,354

Total cash needed$58,824

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

#1604 50 O'Neill Road, Toronto (Banbury-Don Mills) - Single Family for Sale

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Description

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Location

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Neighbourhood profile (M3C)

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