$448,999

$449,999For salePrice drop↓ $1,000 (0%)

#2306 205 Sherway Gardens Road, Toronto (Islington-City Centre West) - Single Family for Sale

#2306 205 Sherway Gardens Road, Toronto (Islington-City Centre West), Ontario, M9C0A5

1 bed1 bath1 parking550 ft²$528/mo condo feeListed 56 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $448,999, it is attractively priced about 13% below the $519,000 median asking price in Toronto.

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Description

Visit the REALTOR website for further information about this Listing. This bright, open-concept sub-penthouse gets a ton of natural light and features engineered hardwood and tile floors throughout. The kitchen is spacious, complete with granite countertops, a breakfast bar, and stainless steel appliances. One of the best things about this unit is the view-you get a clear, incredible sight of both the Toronto skyline and the lake! The location is super convenient, too. It's right across the street from Sherway Gardens and a short walk to public transit. If you drive, it's just a few minutes to the QEW and Highway 427.The condo comes with stainless steel: fridge, stove, dishwasher, microwave. In-suite washer and dryer is also included as pictured. Included with the unit is 1 parking spot and 1 storage locker. All window coverings and light fixtures are included as well. The building itself has some great amenities, including an indoor pool, a gym, a sauna, a party room, guest suites, and a concierge. (id:66096)

Property Details

MLS®: W13773758
Property Type: Single Family
Zoning: CL
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $528/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,234/yr
Listed: 56 days ago

Features

Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Toronto (Islington-City Centre West) listings, avg age

56d

Price / ft²

$817

List price

$449K

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 1-bed single family in Toronto (Islington-City Centre West) has been listed for 56 days, right at the city average. A solid opportunity worth looking into.

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Listed by EASY LIST REALTY LTD. · SOPHIE ALEGRA GITERMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9C)

This home lists at $448,999, about 4.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $95,000
Population: 38,725
Median age: 45.6
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M9C)

$448,999· $817/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,449.95

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$186/mo

Condo fee$528/mo

Total monthly$3,079

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$10,910

Est. closing costs$3,847

Total cash needed$37,207

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