$299,000

For sale

#612 4062 Lawrence Avenue East, Toronto (West Hill), Ontario, M1E4V5

3 bd2 ba1 pk1,300 ft²+$1436/mo

Listed by RE/MAX WEST REALTY INC.

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For saleJust listed

Yesterday

$399K

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2 bd1 ba1 pk950 ft²+$600/mo

Listed by REAL BROKER ONTARIO LTD.

#402 4060 Lawrence Avenue East, Toronto (West Hill), Ontario, M1E4V4

For saleJust listed

2 days ago

$299K

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2 bd1 ba1 pk1,100 ft²+$1103/mo

Listed by REAL BROKER ONTARIO LTD.

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For saleJust listed

6 days ago

$549K

#52 4689 Kingston Road, Toronto (West Hill), Ontario, M1E2R1

2 bd2 ba1 pk1,100 ft²+$358/mo

Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$299,000

Toronto

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#303 4569 Kingston Road, Toronto (West Hill) - Single Family for Sale

#303 4569 Kingston Road, Toronto (West Hill), Ontario, M1E0C7

1 bed1 bath0 parking250 ft²$248/mo condo feeListed 16 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $299,000, it is attractively priced about 32% below the $439,900 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 61 days.

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

Description

Welcome to East Pointe Condos - brand new, direct from the builder. At $299,000 this is the lowest-priced brand-new suite in West Hill and the only studio in the release - a first home or a first investment at a price point new buildings rarely offer. The 386 sqft. plan is efficient and bright, with an open living and sleeping area, a dedicated dining space, a kitchen with a full appliance package, in-suite laundry, luxury vinyl flooring throughout, keyless entry and a smart-home-ready suite. Maintenance fees under $250 a month keep the carrying costs among the lowest you will find in a new building. Residents have a fitness centre, party room, landscaped outdoor terraces with BBQ stations and visitor parking. Minutes to U of T Scarborough, Guildwood GO and Highway 401, with shops, parks, waterfront trails and the Scarborough Bluffs nearby. Buy directly from the builder in a completed, registered building - no years of waiting, no occupancy fees. (id:66096)

Property Details

MLS®: E14094534
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $248/mo
Fee Includes: Insurance
Ownership: Condo/Strata
Listed: 16 days ago

Rooms

Main level

Bedroom: 3.28 x 3.2 meters
Kitchen: 3.2 x 3.15 meters
Bathroom: 1.98 x 1.83 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, Microwave
Flooring: Vinyl
Exterior: Concrete
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (West Hill) listings, avg age

61d

Price / ft²

$1,198

List price

$299K

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 1-bed single family in Toronto (West Hill) has been listed for 16 days, which is 45 days fresher than the city average of 61. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · LUKE FRASER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1E)

This home lists at $299,000, about 3.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 48,033
Median age: 41.2
Owner / renter: 63% / 37%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1E)

$299,000· $1,198/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,950

Min 5%50%

Mortgage payment$1,575/mo

↳ CMHC premium ($11,362 capitalized)

Est. property tax$0/mo

Condo fee$248/mo

Total monthly$1,823

Cash Needed to Close

Down payment (5%)$14,950

Land transfer tax$5,920

Est. closing costs$3,397

Total cash needed$24,267

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