$480,000

For sale

#17 8 Corinth Gardens, Toronto (Mount Pleasant East) - Single Family for Sale

#17 8 Corinth Gardens, Toronto (Mount Pleasant East), Ontario, M4P2N5

3 beds1 bath1 parking1,100 ft²$892/mo condo feeListed 14 days ago

Overview

This 3-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $480,000, it is attractively priced about 24% below the $629,900 median asking price in Toronto. It has been on the market 14 days, fresher than the Toronto average of 56 days.

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Description

Welcome To Unit 17 At 8 Corinth Gardens, A Well-appointed Three-bedroom Residence Offering Comfort, Functionality, And An Exceptional Central-Toronto Location. Featuring Both East And West Exposure, The Suite Enjoys Natural Light Throughout The Day, While The Exclusive Balcony Provides A Private Outdoor Space.The Thoughtfully Designed Layout Offers Generous Living Space, Well Suited To Everyday Living, Entertaining, Or Working From Home. Situated In One Of The City's Most Established And Desirable Neighbourhoods, The Unit Is Within Easy Reach Of Transit, Parks, Cafés, Restaurants, And Everyday Shopping. Tree-lined Streets And A Quiet Residential Setting Create A Welcome Sense Of Calm, While Remaining Closely Connected To The Vibrancy Of The City.This Pet-friendly Co-op Includes One Garage Parking Space And One Storage Locker, Adding Convenience And Practical Value. A Rare Opportunity To Enjoy Space, Light, Outdoor Living, And Location In A Sought-after Toronto Community. (id:66096)

Property Details

MLS®: C14102512
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Other, Other
Cooling: None
Garage: Detached Garage, Garage, Covered
Condo Fee: $892/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Listed: 14 days ago

Rooms

Main level

Foyer: 3.35 x 1.22 meters
Kitchen: 3.3 x 2.77 meters
Bedroom: 4.79 x 4.11 meters
Bedroom 2: 5.13 x 3.05 meters
Bedroom 3: 5.13 x 3.81 meters
Bathroom: 1.73 x 2.01 meters

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

Features

Appliances: Refrigerator, Stove, Window Coverings
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Toronto (Mount Pleasant East) listings, avg age

56d

Price / ft²

$437

List price

$480K

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 (Mount Pleasant East) has been listed for 14 days, which is 42 days fresher than the city average of 56. Act while there is still low competition.

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Listed by ROYAL LEPAGE URBAN REALTY · NICK KAZAKOFF

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4P)

This home lists at $480,000, about 6.4× the local median household income of $74,500.

Carrying it typically needs a household income of about $93,761 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.

Median household income: $74,500
Population: 25,057
Median age: 36.8
Owner / renter: 26% / 75%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M4P)

$480,000· $437/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,000

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,240 capitalized)

Est. property tax$0/mo

Condo fee$892/mo

Total monthly$3,420

Cash Needed to Close

Down payment (5%)$24,000

Land transfer tax$12,150

Est. closing costs$3,940

Total cash needed$40,090

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