$479,900

For sale

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#1801 100 Echo Point, Toronto (L'Amoreaux) - Single Family for Sale

#1801 100 Echo Point, Toronto (L'Amoreaux), Ontario, M1W2V2

3 beds1 bath1 parking ft²

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Investment analysis

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$479,900

Toronto

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Overview

This 3-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $479,900, it is attractively priced about 17% below the $579,000 median asking price in Toronto. It has been on the market 15 days, fresher than the Toronto average of 47 days.

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Description

Bright, spacious and ideally located, this 3-bedroom suite at 100 Echo Point offers almost 1,200 sq ft of living space, a generous living/dining area, ample storage, one underground parking space and a private balcony with west-facing views. Updated kitchen with quartz counters and stainless steel appliances, plus a renovated 4-piece bath. Excellent location just steps to Bridlewood Mall, Metro, TTC, library, restaurants, banking, pharmacy, schools and parks, with easy access to Warden, Finch and Hwy 404. A great opportunity for families, downsizers or anyone looking for more space in a convenient Toronto location. (id:66096)

Property Details

MLS®: E14106556
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: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: Garage, Underground
Pool: Yes
Condo Fee: $737/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,572.98/yr
Listed: 15 days ago

Rooms

Flat

Living room: 5.5 x 3.3 meters
Dining room: 3.5 x 3.5 meters
Kitchen: 4.1 x 2.4 meters
Primary Bedroom: 5.9 x 3.21 meters
Bedroom 2: 4.7 x 2.8 meters
Bedroom 3: 5.83 x 2.9 meters
Foyer: 1.8 x 2.5 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

15d

Toronto (L'Amoreaux) listings, avg age

47d

Price / ft²

$436

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.

Area context

Neighbourhood profile (M1W)

This home lists at $479,900, about 5.9× the local median household income of $82,000.

Carrying it typically needs a household income of about $93,741 (20% down, 25-yr amortization, stress-tested) — roughly 14% above the area median.

Median household income: $82,000
Population: 47,070
Median age: 48
Owner / renter: 74% / 26%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1W)

$479,900· $436/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,995

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,236 capitalized)

Property tax (est.)$131/mo

Condo fee$737/mo

Total monthly$3,396

Cash Needed to Close

Down payment (5%)$23,995

Land transfer tax$12,146

Est. closing costs$3,940

Total cash needed$40,081

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

#1801 100 Echo Point, Toronto (L'Amoreaux) - Single Family for Sale

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Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M1W)

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