$529,000

For sale

#1906 88 Sheppard Avenue East, Toronto (Willowdale East) - Single Family for Sale

#1906 88 Sheppard Avenue East, Toronto (Willowdale East), Ontario, M2N0G9

2 beds1 bath0 parking650 ft²$433/mo condo feeListed 29 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $529,000, it is attractively priced about 12% below the $599,999 median asking price in Toronto. It has been on the market 29 days, fresher than the Toronto average of 56 days.

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Description

Welcome to Minto 88,Conveniently Located In The Heart Of North York At Yonge & Sheppard! This Bright And Beautifully Designed 608 Sq Ft Of Interior Living Space1-Bedroom + Den , Plus 48 Sq Ft Balcony, **Unobstructed West Views And Abundant Natural Light. **One Of The Building's Most Functional Layouts, **Open-Concept Living And Dining Area, Granite Countertops, Stainless Steel Appliances And Through-Out Laminate Floor. **The Versatile Den Can be Used as 2nd Bedroom or Home Office **Building Amenities Include: 24-Hour Concierge, Fitness Centre, Party Room, Guest Suite, BBQ Area And Beautifully Landscaped Outdoor Water Garden**Quietly Set Back From The Hustle And Bustle, **Steps To Yonge-Sheppard Subway Station, Shops, Restaurants, Cafes, Cinemas, Banks And Parks, With Easy Access To Hwy 401, York Region Transit And GO Bus Services**Outstanding Opportunity For Living and Seeking A Spacious, Sophisticated And Well-Connected Home In One Of North York's Most Desirable Urban Communities, Inside photo from prior Vacant home (id:66096)

Property Details

MLS®: C13877534
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $433/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $3,076.91/yr
Listed: 29 days ago

Rooms

Main level

Living room: 3.85 x 3.9 meters
Dining room: 3.85 x 3.9 meters
Kitchen: 3 x 2.5 meters
Primary Bedroom: 3.4 x 3.05 meters
Den: 2.45 x 2.35 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Willowdale East) listings, avg age

56d

Price / ft²

$814

List price

$529K

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.

Haho

This 2-bed single family in Toronto (Willowdale East) has been listed for 29 days, which is 27 days fresher than the city average of 56. Act while there is still low competition.

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Listed by AIMHOME REALTY INC. · AMY LIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $529,000, about 6.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $103,332 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$529,000· $814/ft²

For sale

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Full Cost Breakdown

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Down Payment5.27% · $27,900

Min 5.27%50%

Mortgage payment$2,778/mo

↳ CMHC premium ($20,044 capitalized)

Property tax (est.)$256/mo

Condo fee$433/mo

Total monthly$3,468

Cash Needed to Close

Down payment (5.27%)$27,900

Land transfer tax$14,110

Est. closing costs$4,087

Total cash needed$46,097

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