$425,000

For sale

#2204 7 Concorde Place, Toronto (Banbury-Don Mills) - Single Family for Sale

#2204 7 Concorde Place, Toronto (Banbury-Don Mills), Ontario, M3C3N4

1 bed1 bath1 parking650 ft²$548/mo condo feeListed 33 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $425,000, it is attractively priced about 31% below the $618,000 median asking price in Toronto. It has been on the market 33 days, fresher than the Toronto average of 49 days.

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Description

Discover a refreshing balance of nature and city living at 7 Concorde Place with a parking and a locker. This bright and spacious 1-bedroom, 1-bathroom suite with a versatile solarium captures sweeping treetop and city views through expansive windows, filling the home with natural light. The inviting living area offers comfortable space to relax and entertain, while the sun-filled solarium makes an inspiring home office, peaceful reading retreat or charming dining space with a view. The kitchen features ample cabinetry, generous counter space and a convenient breakfast bar. A spacious bedroom provides a restful retreat, complemented by the everyday convenience of ensuite laundry. Enjoy an impressive collection of building amenities, including an indoor pool, fitness centre, sauna, party room, and tennis and racquet courts. Explore nearby ravine trails and enjoy convenient access to TTC, the Aga Khan Museum, Shops at Don Mills and major highways. Space to unwind, room to work from home, and a setting that keeps you connected to it all-welcome to your next chapter. Some listing photos have been virtually staged for illustration purposes. (id:66096)

Property Details

MLS®: C13859238
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $548/mo
Fee Includes: Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $1,902.93/yr
Listed: 33 days ago

Rooms

Flat

Living room: 3.4 x 5.8 meters
Dining room: 3.4 x 5.8 meters
Kitchen: 3.46 x 2.63 meters
Solarium: 2.76 x 3.2 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, Stove, Dryer, Hood Fan
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Toronto (Banbury-Don Mills) listings, avg age

49d

Price / ft²

$654

List price

$425K

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 1-bed single family in Toronto (Banbury-Don Mills) has been listed for 33 days, which is 16 days fresher than the city average of 49. Act while there is still low competition.

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Listed by EXP REALTY · THASH SUNTHARALINGAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3C)

This home lists at $425,000, about 5.7× the local median household income of $74,500.

Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.

Median household income: $74,500
Population: 39,616
Median age: 40.4
Owner / renter: 45% / 55%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M3C)

$425,000· $654/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,250

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,150 capitalized)

Property tax (est.)$159/mo

Condo fee$548/mo

Total monthly$2,945

Cash Needed to Close

Down payment (5%)$21,250

Land transfer tax$9,950

Est. closing costs$3,775

Total cash needed$34,975

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