$1,158,000

$1,198,000For salePrice drop↓ $40,000 (3%)

#2201 85 Skymark Drive, Toronto (Hillcrest Village) - Single Family for Sale

#2201 85 Skymark Drive, Toronto (Hillcrest Village), Ontario, M2H3P2

3 beds3 baths1 parking2,125 ft²$2,084/mo condo feeListed 23 days ago

Overview

This 3-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 2,125 sq ft of space. It has been on the market 23 days, fresher than the Toronto average of 60 days.

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Description

Welcome to The Classic, a prestigious (pet freindly) Tridel-built luxury condominium. Situated on the 22nd floor, this beautifully renovated 2-bedroom + den/office, 3-bathroom residence offers spectacular panoramic views, an oversized private balcony, and showcases modern minimalist luxury at its finest.A grand foyer with a custom built-in entry closet welcomes you into a bright open-concept living and dining area with floor-to-ceiling windows. The designer kitchen features custom cabinetry, quartz countertops, brand-new premium appliances, and integrated LED lighting.Both bedrooms include walk-in closets, while the custom French-door office with built-in cabinetry and integrated LED lighting creates the ideal work-from-home space. Complete with dimmable pot lighting throughout, premium finishes, and exceptional craftsmanship, this turnkey home has been thoughtfully designed for luxurious everyday living.The building is currently replacing all unit windows, so this suite will receive brand-new windows. Complete with one parking space, a large in-suite storage room, and an unbeatable location close to TTC, Highways 404 & 401, Fairview Mall, Shops at Don Mills, parks, schools, and restaurants.A rare opportunity to own one of the finest residences in this highly sought-after Tridel community. (id:66096)

Property Details

MLS®: C13934016
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 2,125 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $2,084/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,592.4/yr
Listed: 23 days ago

Rooms

Flat

Foyer: 4.62 x 1.89 meters
Kitchen: 4.26 x 2.68 meters
Eating area: 3.81 x 2.68 meters
Dining room: 5.36 x 5.48 meters
Living room: 6.7 x 5.33 meters
Bedroom: 3.9 x 4.99 meters
Bedroom 2: 5.02 x 3.62 meters

Other

Office
Bathroom
Bathroom
Partial bathroom

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

Features

Exterior: Brick
Lot Features: Balcony, In suite Laundry, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Toronto (Hillcrest Village) listings, avg age

60d

Price / ft²

$545

List price

$1.16M

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 (Hillcrest Village) has been listed for 23 days, which is 37 days fresher than the city average of 60. Act while there is still low competition.

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Listed by BAY STREET GROUP INC. · SERENA HAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2H)

This home lists at $1,158,000, about 12.7× the local median household income of $91,000.

Carrying it typically needs a household income of about $226,198 (20% down, 25-yr amortization, stress-tested) — roughly 149% above the area median.

Median household income: $91,000
Population: 23,396
Median age: 48
Owner / renter: 75% / 25%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M2H)

$1,158,000· $545/ft²

For sale

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Full Cost Breakdown

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Down Payment7.84% · $90,800

Min 7.84%50%

Mortgage payment$5,917/mo

↳ CMHC premium ($42,688 capitalized)

Property tax (est.)$383/mo

Condo fee$2,084/mo

Total monthly$8,383

Cash Needed to Close

Down payment (7.84%)$90,800

Land transfer tax$39,270

Est. closing costs$5,974

Total cash needed$136,044

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