$299,999

For sale

#201 235 Grandravine Drive, Toronto (Glenfield-Jane Heights) - Single Family for Sale

#201 235 Grandravine Drive, Toronto (Glenfield-Jane Heights), Ontario, M3N1J2

2 beds1 bath0 parking650 ft²$605/mo condo feeListed 48 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $299,999, it is attractively priced about 39% below the $492,000 median asking price in Toronto. It has been on the market 48 days, fresher than the Toronto average of 62 days.

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Description

Welcome to this beautifully maintained 1+1 bedroom apartment in the heart of Glenfield-Jane Heights! Step into an inviting foyer featuring quality built-in closet storage and modern tile flooring. The bright and spacious open-concept living and dining area showcases elegant engineered hardwood flooring and offers a walkout to the balcony, creating the perfect space to relax and unwind. The stylish chef-inspired kitchen features quality finishes and a functional layout, while the generously sized bedroom and versatile den provide comfortable living space for professionals, couples, or those working from home.Enjoy year-round comfort with a quiet split air conditioning and heating system. The balcony was updated in 2022, adding to the appeal of this impressive unit. Parking can be rented through the building, subject to availability, with both indoor and outdoor options.Conveniently located just steps from TTC bus service with easy connections to Finch West Subway Station, and close to Highway 400 for commuters. Enjoy excellent access to nearby parks and green spaces, schools, shopping, grocery stores, restaurants, recreation facilities, and York University. A fantastic opportunity to own a stylish and conveniently located home offering comfort, functionality and excellent access to everyday amenities! (id:66096)

Property Details

MLS®: W13799652
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Radiant heat, Natural gas
Cooling: Wall unit
Garage: Underground, No Garage
Condo Fee: $605/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $642.95/yr
Listed: 48 days ago

Rooms

Flat

Living room: 5.63 x 3.51 meters
Dining room: 5.63 x 3.51 meters
Kitchen: 3.05 x 2.37 meters
Primary Bedroom: 4.11 x 3.19 meters
Bedroom 2: 3.33 x 2.36 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, Microwave, Window Coverings
Flooring: Ceramic
Exterior: Brick
Lot Features: Ravine, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Toronto (Glenfield-Jane Heights) listings, avg age

62d

Price / ft²

$462

List price

$300K

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 (Glenfield-Jane Heights) has been listed for 48 days, which is 14 days fresher than the city average of 62. Act while there is still low competition.

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Listed by CENTURY 21 LEADING EDGE REALTY INC. · RAVINDER KHURANA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3N)

This home lists at $299,999, about 4.5× the local median household income of $66,500.

Carrying it typically needs a household income of about $58,600 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $66,500
Population: 40,846
Median age: 38
Owner / renter: 37% / 63%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA M3N)

$299,999· $462/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,999.95

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,400 capitalized)

Property tax (est.)$54/mo

Condo fee$605/mo

Total monthly$2,238

Cash Needed to Close

Down payment (5%)$15,000

Land transfer tax$5,950

Est. closing costs$3,400

Total cash needed$24,350

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