$499,900

For sale

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#229 165 Cherokee Boulevard, Toronto (Pleasant View) - Single Family for Sale

#229 165 Cherokee Boulevard, Toronto (Pleasant View), Ontario, M2J4T7

5 beds2 baths1 parking ft²

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#1805 5 Old Sheppard Avenue, Toronto (Pleasant View), Ontario, M2J4K3

For sale

54 days ago

$550K

#1805 5 Old Sheppard Avenue, Toronto (Pleasant View), Ontario, M2J4K3

3 bd2 ba1 pk1,100 ft²+$1478/mo

Listed by Advent Realty Inc.

Investment analysis

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$499,900

Toronto

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Overview

This 5-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $499,900, it is attractively priced about 15% below the $588,888 median asking price in Toronto. It has been on the market 12 days, fresher than the Toronto average of 45 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Don't Miss This! Spacious 3-level stacked condo townhome in North York, offering approx. 1,200-1,399 sq. ft. with 5 bedrooms, 2 bathrooms and 1 underground parking space. The multi-level layout provides flexibility for larger families, guests or a home office. An excellent opportunity for buyers seeking generous bedroom space with the convenience of condo townhome living. Easy access to Hwy 404 & 401! Walking distance to Seneca College, schools, parks, TTC bus stops, Finch Ave and shopping centres. (id:66096)

Rooms

Main level

Living room: 4.3 x 3.4 meters
Bedroom: 3.35 x 2.2 meters
Kitchen: 2.83 x 2.1 meters

Second level

Bedroom 2: 3.38 x 2.8 meters
Bedroom 3: 2.75 x 2.68 meters
Laundry room: 2 x 1.7 meters

Third level

Primary Bedroom: 4.48 x 3.05 meters
Bedroom 4: 4 x 2.43 meters

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

Market Timing

Days on market

12d

Toronto (Pleasant View) listings, avg age

45d

Price / ft²

$385

List price

$500K

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 (M2J)

This home lists at $499,900, about 6.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $83,000
Population: 61,761
Median age: 38.4
Owner / renter: 51% / 49%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2J)

$499,900· $385/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$185/mo

Condo fee$529/mo

Total monthly$3,346

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

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

#229 165 Cherokee Boulevard, Toronto (Pleasant View) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M2J)

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Full Cost Breakdown