$599,000

For sale

#2109 85 McMahon Drive, Toronto (Bayview Village) - Single Family for Sale

#2109 85 McMahon Drive, Toronto (Bayview Village), Ontario, M2K0H1

2 beds2 baths1 parking750 ft²$645/mo condo feeListed 9 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $599,000 asking price sits right in line with the $599,000 median in Toronto. It has been on the market 9 days, fresher than the Toronto average of 50 days.

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Description

Stunning corner suite with breathtaking panoramic city and greenery views through wraparound floor-to-ceiling windows. This beautifully upgraded 2-bedroom, 2-bathroom home features soaring ceilings, wide-plank flooring, custom feature walls, and a bright open-concept layout. Designer kitchen with espresso cabinetry, stone backsplash, integrated stainless steel appliances and track lighting. Spacious primary bedroom with park views and spa-inspired ensuite featuring stone finishes, floating vanity and walk-in shower. Stylish second bedroom and full bath with soaker tub. Ample storage throughout. Steps to Sheppard-Yonge Subway, Bessarion Station, Bayview Village, dining and amenities. 1 Parking & 1 Locker Included. (id:66096)

Property Details

MLS®: C14117056
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $645/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,868.47/yr
Listed: 9 days ago

Rooms

Ground level

Living room: 6.39 x 3.14 meters
Dining room: 6.39 x 3.14 meters
Kitchen: 3.14 x 2.06 meters
Bedroom: 3.33 x 3.02 meters
Bedroom 2: 3.02 x 3.01 meters

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

Features

Appliances: Hot Tub, Barbeque
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Bayview Village) listings, avg age

50d

Price / ft²

$799

List price

$599K

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 (Bayview Village) has been listed for 9 days, which is 41 days fresher than the city average of 50. Act while there is still low competition.

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Listed by GOLDENWAY REAL ESTATE LTD. · STEVEN CAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $599,000, about 7.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $83,000
Population: 25,377
Median age: 40.4
Owner / renter: 56% / 44%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M2K)

$599,000· $799/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$322/mo

Condo fee$645/mo

Total monthly$4,095

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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