$545,000

For sale

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#2205 133 Torresdale Avenue, Toronto (Westminster-Branson) - Single Family for Sale

#2205 133 Torresdale Avenue, Toronto (Westminster-Branson), Ontario, M2R3T2

3 beds1 bath2 parking ft²

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Investment analysis

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$545,000

Toronto

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Description

Spacious 2-bedroom unit overlooking the park. Enjoy this unobstructed greenery view from 22nd floor. Large living room and dining room. Kitchen with ample white cabinetry and separate breakfast area. Two bedrooms, one newly upgraded bathroom, and new closet doors throughout. Full size laundry and large ensuite locker. 2 underground parking spots (tandem). Maintenance fee include all utilities and cable TV! Well maintained building. Photos are virtually staged. (id:66096)

Property Details

MLS®: C13785644
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground, Tandem
Condo Fee: $1,291/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,081.28/yr
Listed: 52 days ago

Market Timing

Days on market

52d

Toronto (Westminster-Branson) listings, avg age

49d

Price / ft²

$496

List price

$545K

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 (M2R)

This home lists at $545,000, about 7.0× the local median household income of $78,000.

Carrying it typically needs a household income of about $106,458 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.

Median household income: $78,000
Population: 40,581
Median age: 44.4
Owner / renter: 44% / 56%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M2R)

$545,000· $496/ft²

For sale

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Full Cost Breakdown

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Down Payment5.41% · $29,500

Min 5.41%50%

Mortgage payment$2,858/mo

↳ CMHC premium ($20,620 capitalized)

Property tax (est.)$173/mo

Condo fee$1,291/mo

Total monthly$4,322

Cash Needed to Close

Down payment (5.41%)$29,500

Land transfer tax$14,750

Est. closing costs$4,135

Total cash needed$48,385

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

#2205 133 Torresdale Avenue, Toronto (Westminster-Branson) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M2R)

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Full Cost Breakdown