$449,000

For sale

#2706 5 Concorde Place, Toronto (Banbury-Don Mills) - Single Family for Sale

#2706 5 Concorde Place, Toronto (Banbury-Don Mills), Ontario, M3C3M8

2 beds1 bath1 parking850 ft²$687/mo condo feeListed 35 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $449,000, it is attractively priced about 27% below the $618,000 median asking price in Toronto. It has been on the market 35 days, fresher than the Toronto average of 49 days.

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Description

Welcome to your spacious 27th floor living. This suite offers unobstructed, spectacular northwest facing views, providing breathtaking sunsets each evening. The well designed 1+1 layout offers spacious living, bathed in natural light from the floor to ceiling windows. The expansive bedroom features a walk-in closet. Includes a walk-in storage room, providing convenient access to your laundry facilities and additional storage needs. Additionally, enjoy the luxury of a prime underground corner parking spot, located next to the building entrance. Nestled against a lush ravine, offering residents immediate access to scenic nature trails and seamless connectivity to the Don Valley Parkway (DVP) bike path network. Centrally located, for easy access to either downtown or uptown, by car or transit, is perfectly situated. This is the epitome of urban living with luxury, convenience and a vibrant community. Don't miss the opportunity to make this exceptional property your new home. (id:66096)

Property Details

MLS®: C13852628
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $687/mo
Fee Includes: Water
Ownership: Condo/Strata
Property Tax: $2,225.21/yr
Listed: 35 days ago

Rooms

Main level

Kitchen: 2.5 x 2.2 meters
Living room: 6.5 x 3.5 meters
Bedroom: 6 x 3.2 meters
Solarium: 2.7 x 3.5 meters
Pantry: 2.6 x 1.75 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Blinds
Exterior: Brick
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Toronto (Banbury-Don Mills) listings, avg age

49d

Price / ft²

$529

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 (Banbury-Don Mills) has been listed for 35 days, which is 14 days fresher than the city average of 49. Act while there is still low competition.

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Listed by SKYBOUND REALTY · LARRY GATZIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3C)

This home lists at $449,000, about 6.0× the local median household income of $74,500.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $74,500
Population: 39,616
Median age: 40.4
Owner / renter: 45% / 55%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M3C)

$449,000· $529/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$185/mo

Condo fee$687/mo

Total monthly$3,238

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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