$469,900

For sale

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#2703 125 Redpath Avenue, Toronto (Mount Pleasant West) - Single Family for Sale

#2703 125 Redpath Avenue, Toronto (Mount Pleasant West), Ontario, M4S0B5

2 beds1 bath0 parking ft²

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#310 11 Lillian Street, Toronto (Mount Pleasant West), Ontario, M4S2H7

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#527 1 Belsize Drive, Toronto (Mount Pleasant West), Ontario, M4S0B9

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Yesterday

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Investment analysis

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$469,900

Toronto

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Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $469,900, it is attractively priced about 21% below the $598,000 median asking price in Toronto. It has been on the market 8 days, fresher than the Toronto average of 46 days.

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

Description

The Eglinton By Menkes. This Stunning One Plus Den Unit Features Unobstructed Balcony Views, 9ft Ceiling, Floor To Ceiling Windows, and Laminate Floors Through-Out. The Den Is A Separate Room With a Door and It Can Be Used As A Second Bedroom. Walk To Subway, LRT, Restaurants, Grocery Stores And Shops. Five Star Hotel-Like Amenities Include: 24 Hour Concierge, Gym, Yoga Room, Rooftop Patio, Party Room, Media Room, and Lounge. (id:66096)

Property Details

MLS®: C14121630
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $485/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,731.63/yr
Listed: 8 days ago

Market Timing

Days on market

Toronto (Mount Pleasant West) listings, avg age

46d

Price / ft²

$855

List price

$470K

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 (M4S)

This home lists at $469,900, about 5.3× the local median household income of $88,000.

Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.

Median household income: $88,000
Population: 30,754
Median age: 38
Owner / renter: 39% / 61%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4S)

$469,900· $855/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Property tax (est.)$228/mo

Condo fee$485/mo

Total monthly$3,187

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$11,746

Est. closing costs$3,910

Total cash needed$39,151

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

#2703 125 Redpath Avenue, Toronto (Mount Pleasant West) - Single Family for Sale

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