$698,000

For sale

#1606 5418 Yonge Street, Toronto (Willowdale West) - Single Family for Sale

#1606 5418 Yonge Street, Toronto (Willowdale West), Ontario, M2N6X4

3 beds2 baths1 parking1,100 ft²$961/mo condo feeListed 66 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 66 days, fresher than the Toronto average of 73 days.

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Description

Luxurious Tridel-built Royal Arms Residence featuring sought after unobstructed west views! Bright and spacious 1086 sf split 2 br-2 bath layout offers open concept living and dining areas, an modern kitchen with stainless steel appliances, stone counters and backsplash, plus upgraded flooring, light fixtures, crown moulding and vertical blinds throughout. The large King sized primary bedroom includes his-and-hers closets and a 4 piece ensuite. A sun filled solarium provides flexible space for a potential third bedroom, home office or relaxing retreat. Enjoy resort-style amenities including 24 hour concierge, indoor pool, whirlpool, sauna, fitness centre, guest suites, party room, car wash bay, visitor parking, garden patio with BBQ area, and rooftop observatory with city skyline views. This location can't be beat with steps to TTC, subway, Yonge Street shops, restaurants, Metro and library. (id:66096)

Property Details

MLS®: C13731370
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $961/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,121.92/yr
Listed: 66 days ago

Rooms

Main level

Living room: 4.45 x 3.5 meters
Dining room: 4.35 x 2.72 meters
Kitchen: 3.22 x 2.6 meters
Primary Bedroom: 3.25 x 4.22 meters
Bedroom 2: 3.22 x 2.78 meters
Solarium: 2.63 x 2.52 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, Intercom, Dishwasher, Stove, Dryer, Hood Fan, Blinds
Flooring: Laminate, Ceramic
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

66d

Toronto (Willowdale West) listings, avg age

73d

Price / ft²

$635

List price

$698K

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 3-bed single family in Toronto (Willowdale West) has been listed for 66 days, which is 7 days fresher than the city average of 73. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · PEDRAM ALI-ARIAEI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $698,000, about 8.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $136,344 (20% down, 25-yr amortization, stress-tested) — roughly 66% 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)

$698,000· $635/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,800.00

Min 6.42%50%

Mortgage payment$3,621/mo

↳ CMHC premium ($26,128 capitalized)

Property tax (est.)$260/mo

Condo fee$961/mo

Total monthly$4,842

Cash Needed to Close

Down payment (6.42%)$44,800

Land transfer tax$20,870

Est. closing costs$4,594

Total cash needed$70,264

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