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$389,000
Toronto
#1711 41 Markbrook Lane, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V5E6
This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $389,000, it is attractively priced about 20% below the $484,900 median asking price in Toronto. It has been on the market 55 days, fresher than the Toronto average of 63 days.
Attention investors, first-time buyers, or families looking for exceptional value! Massive 871 sq. ft. 1+Den, 2-bathroom condo with underground parking and desirable southwest exposure. Maintenance fees of only approximately $437/month for a unit this size, at this price point, and with underground parking are almost unheard of! Bright and spacious open-concept living, dining, and den area with large windows providing plenty of natural light. $$$ spent on major renovations and updates including new kitchen cabinetry, countertops and flooring, updated hardwood flooring throughout the living, dining, and den areas, stainless steel appliances, and professional painting throughout. Spacious primary bedroom with a 6-piece ensuite and a versatile den ideal for a home office or additional living space.Well-managed building with excellent amenities including an indoor pool, fitness room, squash court, and 12-hour security. Conveniently located close to transit, highways, shopping, schools, and parks.Great Value! Large unit with two bathrooms, underground parking, great building amenities, and exceptionally low maintenance fees. A fantastic opportunity for buyers looking for space and value. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 55 days on market, against an average age of 63 days across the listings currently for sale in this city
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.
This 2-bed single family in Toronto (Mount Olive-Silverstone-Jamestown) has been listed for 55 days, which is 8 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $389,000, about 4.7× the local median household income of $82,000.
Carrying it typically needs a household income of about $75,985 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA M9V)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice