$639,000

For saleJust listed

#205 645 Millwood Road, Toronto (Mount Pleasant East) - Single Family for Sale

#205 645 Millwood Road, Toronto (Mount Pleasant East), Ontario, M4S1L1

2 beds1 bath1 parking950 ft²$1,273/mo condo feeListed Today

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Its $639,000 asking price sits right in line with the $639,000 median in Toronto. It has been on the market 0 days, fresher than the Toronto average of 55 days.

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Description

If you've been dreaming of simplifying life without leaving the neighbourhood you love, the Bethel Green "Life Lease" could be exactly what you've been waiting for. Perfect for those 60+, this welcoming boutique community offers the opportunity to remain close to Davisville, Leaside and the heart of Midtown while saying goodbye to the upkeep of a house and endless stairs. Stroll to Bayview's charming cafés, shops and everyday conveniences or catch the bus to appointments with ease. This is worry-free living at its best.This bright and spacious (almost 1000 SF) 1-bedroom plus large separate den features an open-concept living and dining area with oversized windows that fill the home with natural light. Glass doors lead to a charming Juliette balcony, creating an airy, inviting atmosphere. You'll appreciate the exceptional storage with space in both the furnace room and hot water tank closet (both are owned and maintained by the Corporation), plus a storage locker on Level B. Parking is effortless with your owned space conveniently located on B2 right beside the entrance.One of only 19 suites, Bethel Green offers far more than a home, it offers a true sense of community. Enjoy book clubs, exercise classes, game nights and regular social gatherings as well as holiday celebrations with like-minded neighbours who value friendship, independence and an active lifestyle. Whether you're downsizing from your family home or simply looking for an easier way to live, this wonderful community is ready to welcome you home. The small chapel on the Whitewood portion of the property is no longer in operation. NOTE: Life Lease buyers do not pay any Land Transfer Tax! (id:66096)

Property Details

MLS®: C14152192
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,273/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,033.12/yr
Listed: Today

Rooms

Main level

Living room: 3.69 x 2.8 meters

Flat

Dining room: 4.76 x 3.84 meters
Kitchen: 2.56 x 2.8 meters
Primary Bedroom: 3.08 x 3.84 meters
Den: 3.69 x 2.71 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, Garage door opener remote(s)
Flooring: Ceramic
Exterior: Concrete, Brick
Lot Features: Conservation/green belt, Elevator, Lighting, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Mount Pleasant East) listings, avg age

55d

Price / ft²

$673

List price

$639K

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 (Mount Pleasant East) has been listed for 0 days, which is 55 days fresher than the city average of 55. Act while there is still low competition.

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Listed by BOSLEY REAL ESTATE LTD. · PATRICK BERNARD ROCCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4S)

This home lists at $639,000, about 7.3× the local median household income of $88,000.

Carrying it typically needs a household income of about $124,819 (20% down, 25-yr amortization, stress-tested) — roughly 42% above the area median.

Median household income: $88,000
Population: 30,754
Median age: 38
Owner / renter: 39% / 61%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4S)

$639,000· $673/ft²

For sale

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Full Cost Breakdown

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Down Payment6.09% · $38,900

Min 6.09%50%

Mortgage payment$3,327/mo

↳ CMHC premium ($24,004 capitalized)

Property tax (est.)$253/mo

Condo fee$1,273/mo

Total monthly$4,853

Cash Needed to Close

Down payment (6.09%)$38,900

Land transfer tax$18,510

Est. closing costs$4,417

Total cash needed$61,827

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