$448,800

For sale

#2405 88 Corporate Drive, Toronto (Woburn) - Single Family for Sale

#2405 88 Corporate Drive, Toronto (Woburn), Ontario, M1H3G6

2 beds1 bath1 parking$780/mo condo feeListed 96 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale. Its $448,800 asking price sits right in line with the $464,000 median in Toronto.

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Description

Welcome to this bright and spacious 1+Den, 1-bath condo in the highly sought-after Tridel-built community at 88 Corporate Drive. Offering a functional open-concept layout, this unit features a generously sized bedroom, a versatile den ideal for a home office or guest space, ensuite laundry, and one underground parking spot. Enjoy an abundance of natural light and comfortable living in a well-maintained building with exceptional amenities, including 24-hour gatehouse security, indoor and outdoor swimming pools, fitness centre, tennis and squash courts, bowling alley, party room, and ample visitor parking. Conveniently located just minutes from Scarborough Town Centre, TTC, Highway 401, parks, restaurants, and everyday amenities, this home is ideal for first-time buyers, professionals, downsizers, or investors. (id:66096)

Property Details

MLS®: E13629814
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $780/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,826.2/yr
Listed: 96 days ago

Rooms

Ground level

Living room: 4.9 x 3.25 meters
Dining room: 3.35 x 3.05 meters
Kitchen: 2.62 x 2.52 meters
Primary Bedroom: 3.7 x 3.15 meters
Den: 2.9 x 2.64 meters

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

Features

Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

96d

Toronto (Woburn) listings, avg age

62d

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 2-bed single family in Toronto (Woburn) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by BENCHMARK SIGNATURE REALTY INC. · Ricky Zhang

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1H)

This home lists at $448,800, about 5.6× the local median household income of $80,000.

Carrying it typically needs a household income of about $87,666 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $80,000
Population: 23,964
Median age: 38.4
Owner / renter: 62% / 38%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1H)

$448,800

For sale

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Full Cost Breakdown

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Down Payment5% · $22,440

Min 5%50%

Mortgage payment$2,364/mo

↳ CMHC premium ($17,054 capitalized)

Property tax (est.)$152/mo

Condo fee$780/mo

Total monthly$3,296

Cash Needed to Close

Down payment (5%)$22,440

Land transfer tax$10,902

Est. closing costs$3,846

Total cash needed$37,188

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