$580,000

For sale

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#2 2964 Islington Avenue, Toronto (Humber Summit) - Single Family for Sale

#2 2964 Islington Avenue, Toronto (Humber Summit), Ontario, M9L2K6

2 beds2 baths2 parking condo fee

#406 2825 Islington Avenue, Toronto (Humber Summit), Ontario, M9L2K1

2 bd2 ba1 pk950 ft²+$673/mo

Listed by RE/MAX PREMIER INC.

#29 3053 Finch Avenue West, Toronto (Humber Summit), Ontario, M9M0A6

For sale

56 days ago

$800K

#29 3053 Finch Avenue West, Toronto (Humber Summit), Ontario, M9M0A6

4 bd5 ba1 pk2,125 ft²+$340/mo

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

#206 2835 Islington Avenue, Toronto (Humber Summit), Ontario, M9L2K2

For sale

70 days ago

$455K

#206 2835 Islington Avenue, Toronto (Humber Summit), Ontario, M9L2K2

2 bd2 ba2 pk950 ft²+$706/mo

Listed by CENTURY 21 HERITAGE GROUP LTD.

3034 Islington Avenue, Toronto (Humber Summit), Ontario, M9L0A6

For sale

121 days ago

$739K

3034 Islington Avenue, Toronto (Humber Summit), Ontario, M9L0A6

3 bd3 ba2 pk+$408/mo

Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Investment analysis

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$580,000

Toronto

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Description

This Fabulous 2 Bedrs 2 Bthrs Townhouse Presents An Incredible Opportunity To Secure A Property In A Prime Location, At A Price Point That's Becoming Increasingly Rare! Clean, Well Maintained , Functional , Spacious And Bright , It Features Beautiful Open Concept Kitchen With Stainless Steel Appliances And Breakfast Bar. The L Shaped Living And Dining Area Provides An Open Atmosphere Perfect For Entertaining Or Relaxing At The End Of Day. Gleaming Hardwood Floors And Pot lights Throughout. Facing West Provides More Privacy And Clear View! Rare 2 Parking Spots!!! Close To All Amenities And Hwy 401.This Property Delivers An Outstanding Potential At An Unbeatable Value. (id:66096)

Property Details

MLS®: W13508768
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $391/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,616.69/yr
Listed: 126 days ago

Rooms

Main level

Living room: 4.25 x 4.92 meters
Dining room: 4.25 x 4.92 meters
Kitchen: 2.35 x 3 meters
Eating area: 2.42 x 2.4 meters

Upper Level

Primary Bedroom: 3.97 x 3.02 meters
Bedroom 2: 3.97 x 2.4 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

126d

Toronto (Humber Summit) listings, avg age

98d

List price

$580K

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 (M9L)

This home lists at $580,000, about 7.2× the local median household income of $81,000.

Carrying it typically needs a household income of about $113,294 (20% down, 25-yr amortization, stress-tested) — roughly 40% above the area median.

Median household income: $81,000
Population: 11,737
Median age: 41.6
Owner / renter: 75% / 25%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA M9L)

$580,000

For sale

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Full Cost Breakdown

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Down Payment5.69% · $33,000

Min 5.69%50%

Mortgage payment$3,033/mo

↳ CMHC premium ($21,880 capitalized)

Property tax (est.)$218/mo

Condo fee$391/mo

Total monthly$3,642

Cash Needed to Close

Down payment (5.69%)$33,000

Land transfer tax$16,150

Est. closing costs$4,240

Total cash needed$53,390

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

#2 2964 Islington Avenue, Toronto (Humber Summit) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M9L)

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Full Cost Breakdown