$999,500

For sale

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#1703 5162 Yonge Street, Toronto (Willowdale West) - Single Family for Sale

#1703 5162 Yonge Street, Toronto (Willowdale West), Ontario, M2N5P6

3 beds2 baths1 parking ft²

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Investment analysis

Rental cashflow calculator

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$999,500

Toronto

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Description

Welcome to Gibson Square by Menkes in the heart of North York! Spacious and bright 2+1 bedroom, 2 bathroom suite offering approx. 1,000+ sq.ft. of functional living space on a high floor. Generous den ideal for a home office or additional living space. Includes 1 owned parking spot. Enjoy direct underground access to North York Centre subway, with shopping, restaurants, library, cinema and everyday conveniences just steps away. Exceptional building amenities include an indoor pool, gym, party room, guest suites, concierge and more. A fantastic opportunity to own in one of North York's most convenient and sought-after buildings. (id:66096)

Property Details

MLS®: C13763686
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: $690/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $4,950/yr
Listed: 56 days ago

Market Timing

Days on market

56d

Toronto (Willowdale West) listings, avg age

74d

Price / ft²

$909

List price

$1000K

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 (M2N)

This home lists at $999,500, about 12.2× the local median household income of $82,000.

Carrying it typically needs a household income of about $195,237 (20% down, 25-yr amortization, stress-tested) — roughly 138% 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)

$999,500· $909/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,950

Min 7.50%50%

Mortgage payment$5,126/mo

↳ CMHC premium ($36,982 capitalized)

Property tax (est.)$413/mo

Condo fee$690/mo

Total monthly$6,228

Cash Needed to Close

Down payment (7.50%)$74,950

Land transfer tax$32,930

Est. closing costs$5,499

Total cash needed$113,379

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

#1703 5162 Yonge Street, Toronto (Willowdale West) - Single Family for Sale

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Description

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Market Timing

Location

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Neighbourhood profile (M2N)

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