$392,000

For sale

#218 1038 Mcnicoll Avenue, Toronto (Steeles) - Single Family for Sale

#218 1038 Mcnicoll Avenue, Toronto (Steeles), Ontario, M1W0A4

2 beds1 bath0 parking650 ft²$678/mo condo feeListed 14 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $392,000, it is attractively priced about 13% below the $450,000 median asking price in Toronto. It has been on the market 14 days, fresher than the Toronto average of 39 days.

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Description

!! RENOVATED from TOP to BOTTOM!! Experience luxury and peace of mind in this stunning 1+Den 645 sq. ft. life lease at Vintage Garden I. Specifically designed for 55+ living! New Vinyl flooring, fresh paint throughout! Bright & open-concept layout featuring soaring 10-foot ceilings. The Kitchen is completely brand-new, featuring sleek stainless-steel appliances and custom cabinetry with ergonomic pull-down shelving. Equipped with an in-bathroom emergency call button and 24-hour security/emergency response. On-site medical clinic services provide ultimate convenience. Amenities: Enjoy a vibrant lifestyle with an on-site restaurant, library, organized social activities, a gym, and a beautiful grand lobby.Nestled next to a quiet park with exercise equipment and a Christian Church. Steps away from banks, bakeries, and local dining. (id:66096)

Property Details

MLS®: E14105166
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $678/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,915.32/yr
Listed: 14 days ago

Rooms

Flat

Kitchen: 3.08 x 3 meters
Living room: 4.8 x 3.1 meters
Dining room: 4.8 x 3.1 meters
Primary Bedroom: 3.05 x 3.4 meters
Den: 2.1 x 2.2 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, Oven, Dryer, Window Coverings
Flooring: Ceramic, Vinyl
Exterior: Concrete
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Toronto (Steeles) listings, avg age

39d

Price / ft²

$604

List price

$392K

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 (Steeles) has been listed for 14 days, which is 25 days fresher than the city average of 39. Act while there is still low competition.

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Listed by BAY STREET GROUP INC. · CRISTAL LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1W)

This home lists at $392,000, about 4.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $76,571 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 47,070
Median age: 48
Owner / renter: 74% / 26%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1W)

$392,000· $604/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,600

Min 5%50%

Mortgage payment$2,065/mo

↳ CMHC premium ($14,896 capitalized)

Property tax (est.)$160/mo

Condo fee$678/mo

Total monthly$2,903

Cash Needed to Close

Down payment (5%)$19,600

Land transfer tax$8,710

Est. closing costs$3,676

Total cash needed$31,986

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