$499,900

For sale

#205 1338 York Mills Road, Toronto (Parkwoods-Donalda) - Single Family for Sale

#205 1338 York Mills Road, Toronto (Parkwoods-Donalda), Ontario, M3A3M3

3 beds2 baths1 parking1,100 ft²$892/mo condo feeListed 27 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $499,900, it is attractively priced about 12% below the $569,000 median asking price in Toronto. It has been on the market 27 days, fresher than the Toronto average of 52 days.

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Description

Economic times are hard. Mortgage rates are up, prices down, rents down. This is your opportunity to live, with your family, in the city! For less than the price of rent! Purchase available for 5%. Mortgage payments cheaper than rent (consult your mortgage broker for a more personal assessment). Maintenance fees include all amenities. The only thing you'll need isinternet. Security, Spa, exercise room, pool, underground parking, visitors parking. Although located near highways and malls, this portion of the street is a quiet neighborhood. Show with confidence! Beautifully finished 3 bedroom, 2 bath, condo that has just been renovated. Move in condition! Since renovation no one has lived in this home. It's almost like getting a brand new unit! Close to everything: shopping malls, bus routes, 401, DVP, 404, 407 minutes away. 15 minutes drive to downtown. Minutes from Sheppard TTC line. Parks, greenbelt, hiking, community centers, library, St Isaac Joques Catholic Elementary (top 25% EQAO) Senator O'Connor (Top 20% EQAO). Great place for your children to grow. Peace of mind for you in these troublesome times. (id:66096)

Property Details

MLS®: C13882940
Property Type: Single Family
Zoning: Residential
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Garage: Garage, Underground
Condo Fee: $892/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,734.13/yr
Listed: 27 days ago

Rooms

Flat

Dining room: 2.74 x 3.05 meters
Kitchen: 2.13 x 3.05 meters
Living room: 5.18 x 3.05 meters
Primary Bedroom: 3.01 x 4.57 meters
Bedroom 2: 2.44 x 4.57 meters
Bedroom 3: 2.44 x 4.57 meters
Laundry room: 2.13 x 1.53 meters
Bathroom: 2.16 x 1.53 meters
Bathroom: 1.52 x 1.52 meters

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

Features

Appliances: All, Water Heater
Flooring: Tile, Laminate, Ceramic
Exterior: Concrete
Lot Features: Level lot, Conservation/green belt, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Parkwoods-Donalda) listings, avg age

52d

Price / ft²

$455

List price

$500K

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 3-bed single family in Toronto (Parkwoods-Donalda) has been listed for 27 days, which is 25 days fresher than the city average of 52. Act while there is still low competition.

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Listed by ROYAL LEPAGE TERREQUITY REALTY · DAVID HOPKINSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3A)

This home lists at $499,900, about 5.9× the local median household income of $85,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 15% above the area median.

Median household income: $85,000
Population: 34,361
Median age: 40.8
Owner / renter: 39% / 61%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M3A)

$499,900· $455/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$145/mo

Condo fee$892/mo

Total monthly$3,670

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

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