$549,000

For sale

#2915 4955 Yonge Street, Toronto (Willowdale East) - Single Family for Sale

#2915 4955 Yonge Street, Toronto (Willowdale East), Ontario, M2N0L8

2 beds1 bath1 parking550 ft²$509/mo condo feeListed 42 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $549,000, it is attractively priced about 8% below the $599,999 median asking price in Toronto. It has been on the market 42 days, fresher than the Toronto average of 56 days.

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Description

Brand-new luxury 1+1 bedroom unit located on a high floor, complete with 1 parking space and 1 locker. Enjoy breathtaking city views through floor-to-ceiling windows, along with a versatile den that works perfectly as a home office. Situated in a prime North York location, it's just steps from Sheppard-Yonge and North York Centre subway stations, TTC transit, and minutes from Hwy 401. Top restaurants, cafes, theaters, supermarkets, and more are all within easy reach. Building amenities include an indoor pool, fitness centre, sauna, rooftop terrace, party room, theatre, guest suites, and 24/7 concierge service. A perfect balance of comfort, convenience, and lifestyle. (id:66096)

Property Details

MLS®: C13828978
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $509/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,641.77/yr
Listed: 42 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Oven, Dryer, Microwave, Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Toronto (Willowdale East) listings, avg age

56d

Price / ft²

$999

List price

$549K

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 (Willowdale East) has been listed for 42 days, which is 14 days fresher than the city average of 56. Act while there is still low competition.

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Listed by HC REALTY GROUP INC. · MARTIN WU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $549,000, about 6.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 31% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$549,000· $999/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$303/mo

Condo fee$509/mo

Total monthly$3,690

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$14,910

Est. closing costs$4,147

Total cash needed$48,957

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