$525,000

For sale

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#1706 301 PRUDENTIAL Drive, Toronto (Dorset Park) - Single Family for Sale

#1706 301 PRUDENTIAL Drive, Toronto (Dorset Park), Ontario, M1P4V3

3 beds2 baths parking

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Listed by CENTURY 21 PERCY FULTON LTD.

Investment analysis

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$525,000

Toronto

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Description

Excellent opportunity to own a spacious and affordable 3-bedroom, 2-bathroom condo in a convenient Scarborough location. Steps to transit, with easy access to Highway 401, shopping, grocery stores, restaurants, Scarborough Town Centre .carpet-free unit features a spacious L-shaped living and dining area with a walkout to a large balcony offering beautiful open views. The renovated kitchen includes quartz countertops, double sink and ceramic backsplash. Enjoy the convenience of ensuite laundry and two large balconies. The generous primary bedroom features a 3-piece ensuite with glass shower and his-and-hers closets. Two additional bedrooms offer excellent space for family, guests or a home office. Building amenities include an indoor swimming pool, sauna, gym, entertainment room, security system and ample visitor parking. A spacious, move-in-ready home offering excellent value, convenience and accessibility in Scarborough. This Unit comes with 2 Parking and locker. (id:66096)

Property Details

MLS®: E13851520
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,071/mo
Fee Includes: Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,312.1/yr
Listed: 35 days ago

Rooms

Main level

Living room: 6.57 x 3.47 meters
Dining room: 6.57 x 2.34 meters
Kitchen: 3.35 x 2.36 meters
Primary Bedroom: 4.01 x 3.05 meters
Bedroom 2: 3.1 x 3.05 meters
Bedroom 3: 3.81 x 2.9 meters
Foyer: 2.6 x 1.6 meters

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

Market Timing

Days on market

35d

Toronto (Dorset Park) listings, avg age

63d

Price / ft²

$477

List price

$525K

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 (M1P)

This home lists at $525,000, about 6.9× the local median household income of $76,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$525,000· $477/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$109/mo

Condo fee$1,071/mo

Total monthly$3,939

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$13,950

Est. closing costs$4,075

Total cash needed$45,525

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

#1706 301 PRUDENTIAL Drive, Toronto (Dorset Park) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M1P)

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