$388,000

For sale

Book a showing

#215 188 Fairview Mall Drive, Toronto (Don Valley Village) - Single Family for Sale

#215 188 Fairview Mall Drive, Toronto (Don Valley Village), Ontario, M2J0H7

2 beds2 baths1 parking ft²

#1007 1555 Finch Avenue East, Toronto (Don Valley Village), Ontario, M2J4X9

4 bd3 ba2 pk1,700 ft²+$1760/mo

Listed by HARVEY KALLES REAL ESTATE LTD.

#408 260 Seneca Hill Drive, Toronto (Don Valley Village), Ontario, M2J4S6

For saleJust listed

2 days ago

$588K

#408 260 Seneca Hill Drive, Toronto (Don Valley Village), Ontario, M2J4S6

2 bd1 ba1 pk950 ft²+$776/mo

Listed by HOMELIFE LANDMARK REALTY INC.

#1101 260 Seneca Hill Drive, Toronto (Don Valley Village), Ontario, M2J4S6

For saleJust listed

2 days ago

$489K

#1101 260 Seneca Hill Drive, Toronto (Don Valley Village), Ontario, M2J4S6

1 bd1 ba1 pk750 ft²+$654/mo

Listed by REMAX YOUR COMMUNITY REALTY

59 Cheryl Shepway, Toronto (Don Valley Village), Ontario, M2J4R5

For saleJust listed

3 days ago

$799K

59 Cheryl Shepway, Toronto (Don Valley Village), Ontario, M2J4R5

3 bd2 ba2 pk1,500 ft²+$972/mo

Listed by RIGHT AT HOME REALTY

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$388,000

Toronto

Book a showing

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $388,000, it is attractively priced about 34% below the $589,000 median asking price in Toronto. It has been on the market 25 days, fresher than the Toronto average of 47 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome to this 2-bedroom, 2-bathroom corner unit at Verde Condos, offering a bright and spacious open-concept layout filled with natural light. Enjoy added privacy and seamless outdoor living with two private balconies perfect for relaxing or entertaining. Ideally positioned adjacent to Fairview Mall, T&T Supermarket, Cineplex, restaurants, banks, steps to Don Mills Subway Station and public transit. This residence places the best of shopping, dining, and city conveniences at your doorstep. Enjoy seamless connectivity with easy access to the 404, 401, and DVP, making travel throughout the GTA effortless. (id:66096)

Property Details

MLS®: C13884954
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $579/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,046.22/yr
Listed: 25 days ago

Market Timing

Days on market

25d

Toronto (Don Valley Village) listings, avg age

47d

Price / ft²

$597

List price

$388K

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 (M2J)

This home lists at $388,000, about 4.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $75,790 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 61,761
Median age: 38.4
Owner / renter: 51% / 49%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2J)

$388,000· $597/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $19,400

Min 5%50%

Mortgage payment$2,044/mo

↳ CMHC premium ($14,744 capitalized)

Property tax (est.)$254/mo

Condo fee$579/mo

Total monthly$2,876

Cash Needed to Close

Down payment (5%)$19,400

Land transfer tax$8,590

Est. closing costs$3,664

Total cash needed$31,654

Get Pre-Approved · Free & Fast

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

#215 188 Fairview Mall Drive, Toronto (Don Valley Village) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M2J)

Book a showing

Full Cost Breakdown