$769,000

For sale

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#202 935 Royal York Road East, Toronto (Stonegate-Queensway) - Single Family for Sale

#202 935 Royal York Road East, Toronto (Stonegate-Queensway), Ontario, M8Y4H1

2 beds2 baths1 parking ft²

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Investment analysis

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$769,000

Toronto

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Description

Welcome to this spacious 2 bedroom 2 washroom condo ideally located in the heart of the highly sought after Kingsway neighbourhood . Featuring a bright and functional layout, this suite includes Gas Fireplace, open balcony, 1 underground parking space and exclusive use of a locker for added convenience and storage. enjoy an unbeatable location just steps from the subway with an excellent selection of shops , restaurants , cafe's and everyday amenities right at your doorstep. A fantastic opportunity to enjoy comfortable, convenient living in one Torontos best desirable neighbourhoods. (id:66096)

Property Details

MLS®: W14011318
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $1,464/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,660.08/yr
Listed: 22 days ago

Market Timing

Days on market

22d

Toronto (Stonegate-Queensway) listings, avg age

50d

Price / ft²

$699

List price

$769K

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 (M8Y)

This home lists at $769,000, about 8.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $150,213 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.

Median household income: $91,000
Population: 21,986
Median age: 40.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M8Y)

$769,000· $699/ft²

For sale

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Full Cost Breakdown

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Down Payment6.75% · $51,900

Min 6.75%50%

Mortgage payment$3,976/mo

↳ CMHC premium ($28,684 capitalized)

Property tax (est.)$305/mo

Condo fee$1,464/mo

Total monthly$5,745

Cash Needed to Close

Down payment (6.75%)$51,900

Land transfer tax$23,710

Est. closing costs$4,807

Total cash needed$80,417

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

#202 935 Royal York Road East, Toronto (Stonegate-Queensway) - Single Family for Sale

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