$499,000

For saleJust listed

#227 380 Macpherson Avenue, Toronto (Casa Loma) - Single Family for Sale

#227 380 Macpherson Avenue, Toronto (Casa Loma), Ontario, M4V3E3

2 beds1 bath1 parking650 ft²$675/mo condo feeListed Today

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 48 days.

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Description

Welcome to Madison Avenue Lofts, where authentic loft character meets one of Toronto's most sought-after neighbourhoods. This thoughtfully designed suite makes an immediate impression with 14-ft ceilings, oversized windows and industrial details that give the space its unmistakable loft feel. The open-concept layout makes smart use of every inch, with plenty of natural light and a comfortable flow for everyday living. Beyond the suite, this is a building with a true sense of community - the kind of place where familiar faces and friendly neighbours make it feel like home. Tucked along Macpherson Avenue, a calm residential street that feels removed from the downtown rush, yet keeps some of Toronto's best neighbourhoods within easy reach. Walk to Casa Loma, The Annex, Yorkville, shops, restaurants, parks and Dupont subway station. Building amenities include concierge, fitness centre, party room, rooftop terrace with BBQs, Communal Herb and Vegetable Garden, steam room, visitor parking, and bike storage. Authentic loft living, an incredible location and a building people genuinely love to call home. Even your parking spot works harder, complete with its own built-in bike rack.Included in Maintenance fees is High Speed Fibre Internet for uninterrupted service (id:66096)

Property Details

MLS®: C14154098
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $675/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,775/yr
Listed: Today

Rooms

Flat

Solarium
Living room: 2.91 x 2.61 meters
Dining room
Kitchen: 2.91 x 3.84 meters
Primary Bedroom: 2.97 x 3 meters

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

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Conservation/green belt, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Casa Loma) listings, avg age

48d

Price / ft²

$768

List price

$499K

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 (Casa Loma) has been listed for 0 days, which is 48 days fresher than the city average of 48. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · JULIE ANNE SLANEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4V)

This home lists at $499,000, about 5.0× the local median household income of $99,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $99,000
Population: 19,273
Median age: 45.2
Owner / renter: 44% / 56%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4V)

$499,000· $768/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$231/mo

Condo fee$675/mo

Total monthly$3,534

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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