$628,800

For sale

#3101 8 Olympic Garden Drive, Toronto (Newtonbrook East), Ontario, M2M0B9

2 bd2 ba1 pk650 ft²+$485/mo

Listed by RIGHT AT HOME REALTY

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Investment analysis

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$628,800

Toronto

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#2304 8 Olympic Garden Drive, Toronto (Newtonbrook East) - Single Family for Sale

#2304 8 Olympic Garden Drive, Toronto (Newtonbrook East), Ontario, M2M0B9

2 beds2 baths1 parking650 ft²$530/mo condo feeListed 64 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 64 days, fresher than the Toronto average of 67 days.

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

Description

Welcome to Suite S2304 at 8 Olympic Garden Drive, a sophisticated 2-bedroom, 2-bathroom residence offering the perfect blend of luxury, comfort, and convenience in one of North York's most vibrant and rapidly growing communities. Featuring soaring 10-foot ceilings, an open-concept layout, and spectacular unobstructed views, this bright and airy suite is filled with natural light throughout. The contemporary kitchen offers quality finishes, modern appliances, and ample functionality, seamlessly overlooking the spacious living and dining areas-ideal for everyday living and entertaining. Both bedrooms provide comfortable living space and ample storage, complemented by two stylish and modern bathrooms. Complete with 1 parking space and 1 locker for added convenience and peace of mind. Enjoy easy access to shopping, dining, public transit, subway, and everyday amenities. Adding to the appeal, a highly anticipated H Mart flagship store is coming soon to the ground floor, offering exceptional convenience right at your doorstep. An outstanding opportunity for end users or investors seeking a modern home in a well-connected and rapidly developing North York neighbourhood. (id:66096)

Property Details

MLS®: C13739922
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $530/mo
Fee Includes: Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,374/yr
Listed: 64 days ago

Features

Appliances: Refrigerator, Dishwasher, Range, Oven, Dryer, Microwave, Oven - Built-In, Hood Fan, Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

Toronto (Newtonbrook East) listings, avg age

67d

Price / ft²

$968

List price

$629K

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 (Newtonbrook East) has been listed for 64 days, which is 3 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · REZA PEYVANDI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $628,800, about 7.8× the local median household income of $81,000.

Carrying it typically needs a household income of about $122,827 (20% down, 25-yr amortization, stress-tested) — roughly 52% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$628,800· $968/ft²

For sale

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Full Cost Breakdown

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Down Payment6.02% · $37,880

Min 6.02%50%

Mortgage payment$3,276/mo

↳ CMHC premium ($23,637 capitalized)

Property tax (est.)$281/mo

Condo fee$530/mo

Total monthly$4,087

Cash Needed to Close

Down payment (6.02%)$37,880

Land transfer tax$18,102

Est. closing costs$4,386

Total cash needed$60,368

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