$429,000

For sale

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#1901 15 Torrance Road, Toronto (Eglinton East) - Single Family for Sale

#1901 15 Torrance Road, Toronto (Eglinton East), Ontario, M1J3K2

3 beds1 bath parking

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Investment analysis

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$429,000

Toronto

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Description

Welcome to this bright and exceptionally spacious 2-bedroom suite, ideally situated on the 19th floor at 15 Torrance Rd. Thoughtfully designed for modern living, the den area has been opened to create an expansive living and dining space, offering an exceptional sense of openness and flexibility-perfect for entertaining guests or enjoying comfortable everyday living. Floor-to-ceiling windows fill the suite with natural light while offering beautiful elevated views. Generously sized bedrooms, ample storage and a well-designed layout complete this inviting home. Enjoy an outstanding selection of building amenities including an outdoor swimming pool, fitness centre, sauna, recreation/party room and more. Ideally located just minutes from Eglinton GO, TTC, shopping, restaurants, parks, schools and major highways. A fantastic opportunity to enjoy space, lifestyle and convenience in one of Scarborough's well-connected communities. (id:66096)

Property Details

MLS®: E13792646
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Natural gas
Cooling: Window air conditioner
Garage: Garage, Underground
Pool: Yes
Condo Fee: $910/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,046/yr
Listed: 51 days ago

Market Timing

Days on market

51d

Toronto (Eglinton East) listings, avg age

48d

Price / ft²

$452

List price

$429K

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 (M1J)

This home lists at $429,000, about 5.6× the local median household income of $76,500.

Carrying it typically needs a household income of about $83,799 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $76,500
Population: 37,002
Median age: 37.6
Owner / renter: 46% / 54%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M1J)

$429,000· $452/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,450

Min 5%50%

Mortgage payment$2,260/mo

↳ CMHC premium ($16,302 capitalized)

Property tax (est.)$87/mo

Condo fee$910/mo

Total monthly$3,257

Cash Needed to Close

Down payment (5%)$21,450

Land transfer tax$10,110

Est. closing costs$3,787

Total cash needed$35,347

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

#1901 15 Torrance Road, Toronto (Eglinton East) - Single Family for Sale

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Neighbourhood profile (M1J)

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