$650,000

For sale

#2608 121 Mcmahon Drive, Toronto (Bayview Village) - Single Family for Sale

#2608 121 Mcmahon Drive, Toronto (Bayview Village), Ontario, M2K0C1

2 beds2 baths1 parking950 ft²$835/mo condo feeListed 27 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 27 days, fresher than the Toronto average of 50 days.

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Description

Beautiful Southeast-Facing Corner Suite With Unobstructed Panoramic Views! Enjoy Approximately 928 Sq.Ft. Of Bright, Well-Designed Interior Living Space Plus An Impressive 133 Sq.Ft. Private Balcony. This Spacious 2-Bedroom Corner Suite Features An Inviting Open-Concept Living And Dining Area, 9-Ft. Floor-To-Ceiling Windows, A Modern Kitchen, And Generous Ensuite Storage. Step Outside To The Expansive Balcony To Enjoy Your Morning Coffee, Unwind After A Long Day, Or Simply Take In The Breathtaking Views. One Owned Parking Space Included.Enjoy Resort-Style Building Amenities Including 24-Hour Concierge, Fully Equipped Fitness Centre, Steam Room, Sauna, Outdoor Hot Tubs And Jacuzzi. A Private Shuttle Bus Provides Added Convenience For Residents. Ideally Located Close To Subway And GO Transit, Toronto Public Library, North York General Hospital, IKEA, Hwy 401, Hwy 404 And The DVP, Making Commuting And Everyday Living A Breeze.An Excellent Opportunity For First-Time Buyers And Investors Alike, Offering A Spacious 2-Bedroom Layout, Owned Parking, Excellent Transit Access And A Full Range Of Building Amenities. A Rare Corner Suite That Truly Combines Space, Privacy, Outdoor Living And Convenience - A Wonderful Place To Call Home. (id:66096)

Property Details

MLS®: C13883142
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $835/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,314.78/yr
Listed: 27 days ago

Rooms

Main level

Living room: 5.64 x 3.84 meters
Dining room: 5.64 x 3.84 meters
Kitchen: 3.43 x 2.27 meters
Primary Bedroom: 3.66 x 4 meters
Bedroom 2: 3 x 2.9 meters

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

Features

Flooring: Laminate, Carpeted
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Bayview Village) listings, avg age

50d

Price / ft²

$685

List price

$650K

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 (Bayview Village) has been listed for 27 days, which is 23 days fresher than the city average of 50. Act while there is still low competition.

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Listed by DREAM HOME REALTY INC. · CHLOE XU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $650,000, about 7.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 53% above the area median.

Median household income: $83,000
Population: 25,377
Median age: 40.4
Owner / renter: 56% / 44%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M2K)

$650,000· $685/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $40,000

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$276/mo

Condo fee$835/mo

Total monthly$4,493

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$18,950

Est. closing costs$4,450

Total cash needed$63,400

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