$399,000

For sale

#3011 50 Town Centre Court, Toronto (Bendale) - Single Family for Sale

#3011 50 Town Centre Court, Toronto (Bendale), Ontario, M1P4Y7

2 beds1 bath1 parking650 ft²$570/mo condo feeListed 20 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $399,000, it is attractively priced about 18% below the $488,000 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 68 days.

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Description

Location, Location, Location! Welcome to this gorgeous, sun-filled 1-bedroom plus den corner condo layout, perched on a high floor in the vibrant heart of Scarborough with no wasted space and complete hallway privacy. This immaculate, freshly painted home features a versatile den perfect for a home office or second bedroom, sleek laminate flooring, brand-new light fixtures, granite countertops, and stainless steel appliances. Step out onto your private balcony to enjoy spectacular, unobstructed south-facing views of the city skyline and the CN Tower. Offering ultimate convenience, you are just a one-minute walk from the Scarborough Centre transit hub (LRT, Bus, and GO Station), seconds from the Highway 401 ramp, and steps from Scarborough Town Centre, the YMCA, movie theatres, and IKEA-plus, a dedicated parking space and storage locker are completely included! (id:66096)

Property Details

MLS®: E14084760
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $570/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,225/yr
Listed: 20 days ago

Rooms

Ground level

Living room: 3.39 x 3.45 meters
Dining room: 3.39 x 3.45 meters
Kitchen: 2.41 x 2.31 meters
Primary Bedroom: 3.23 x 3.05 meters
Den: 1.52 x 3.04 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, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Bendale) listings, avg age

68d

Price / ft²

$614

List price

$399K

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 (Bendale) has been listed for 20 days, which is 48 days fresher than the city average of 68. Act while there is still low competition.

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Listed by RE/MAX ATRIUM HOME REALTY · MELINDA WU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $399,000, about 5.3× the local median household income of $76,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 3% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$399,000· $614/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$185/mo

Condo fee$570/mo

Total monthly$2,857

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$8,920

Est. closing costs$3,697

Total cash needed$32,567

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