$389,900

For sale

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#1706 3 Pemberton Avenue, Toronto (Newtonbrook East) - Single Family for Sale

#1706 3 Pemberton Avenue, Toronto (Newtonbrook East), Ontario, M2M4M1

1 bed1 bath1 parking ft²

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For sale

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Investment analysis

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$389,900

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $389,900, it is attractively priced about 30% below the $560,000 median asking price in Toronto. It has been on the market 9 days, fresher than the Toronto average of 67 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Direct Access To Finch Subway, 24 Hr Security, Bright & Spacious Unit with Large Open Balcony, newly renovated with new painting, new flooring, new kitchen cabinets with quartz countertop, new ceiling light fixtures. Steps to Yonge shopping, restaurants, subway, TTC, York transit, VIVA @ Yonge & Finch station. Maintenance Fee includes utilities. (id:66096)

Property Details

MLS®: C14116508
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $637/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,079.41/yr
Listed: 9 days ago

Market Timing

Days on market

Toronto (Newtonbrook East) listings, avg age

67d

Price / ft²

$710

List price

$390K

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 (M2M)

This home lists at $389,900, about 4.8× the local median household income of $81,000.

Carrying it typically needs a household income of about $76,161 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$389,900· $710/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,495

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,816 capitalized)

Property tax (est.)$173/mo

Condo fee$637/mo

Total monthly$2,864

Cash Needed to Close

Down payment (5%)$19,495

Land transfer tax$8,647

Est. closing costs$3,670

Total cash needed$31,812

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

#1706 3 Pemberton Avenue, Toronto (Newtonbrook East) - Single Family for Sale

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Neighbourhood profile (M2M)

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