$750,000

For sale

#2208 28 Empress Avenue, Toronto (Willowdale East) - Single Family for Sale

#2208 28 Empress Avenue, Toronto (Willowdale East), Ontario, M2N6Z7

2 beds2 baths1 parking1,100 ft²$1,302/mo condo feeListed 46 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 46 days, fresher than the Toronto average of 56 days.

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Description

Must-see lower penthouse nestled in the heart of North York, located within the highly sought-after Earl Haig school district! Enjoy bright southwest exposure and unbeatable convenience with easy access to groceries, top-rated schools, restaurants, parks, transit, and highways.Lovingly maintained by the owner and kept in mint condition, this bright and cozy unit offers comfortable living throughout all seasons. Featuring two luxurious 4-piece bathrooms and one of the largest 2-bedroom layouts in the building, this home provides exceptional space and functionality.Enjoy the benefits of a friendly concierge, professional management by Del Property Management, and all utilities included for worry-free living year-round. With low maintenance fees, outstanding value, and strong appeal for both end-users and investors, this is a rare opportunity. Priced to sell, and the seller is highly motivated. (id:66096)

Property Details

MLS®: C13809706
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,302/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,496.44/yr
Listed: 46 days ago

Rooms

Main level

Living room: 6.38 x 5.2 meters
Dining room: 6.38 x 5.2 meters
Kitchen: 4.4 x 2.6 meters
Primary Bedroom: 5.1 x 3.14 meters
Bedroom 2: 3.14 x 3.6 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, Stove, Dryer, Microwave
Flooring: Hardwood
Exterior: Concrete, Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Toronto (Willowdale East) listings, avg age

56d

Price / ft²

$682

List price

$750K

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 (Willowdale East) has been listed for 46 days, which is 10 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RE/MAX ATRIUM HOME REALTY · CHRIS LEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $750,000, about 9.1× the local median household income of $82,000.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 79% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$750,000· $682/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $50,000

Min 6.67%50%

Mortgage payment$3,881/mo

↳ CMHC premium ($28,000 capitalized)

Property tax (est.)$375/mo

Condo fee$1,302/mo

Total monthly$5,558

Cash Needed to Close

Down payment (6.67%)$50,000

Land transfer tax$22,950

Est. closing costs$4,750

Total cash needed$77,700

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