$399,900

For sale

#307 60 Stevenson Road, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

#307 60 Stevenson Road, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V2B4

3 beds2 baths1 parking1,300 ft²$737/mo condo feeListed 36 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $399,900, it is attractively priced about 18% below the $484,900 median asking price in Toronto. It has been on the market 36 days, fresher than the Toronto average of 63 days.

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Description

Spacious 3-bedroom condo offering approximately 1,260 sq. ft. of living space in an established Etobicoke building. Functional layout with generous principal rooms, 1.5 bathrooms, a large open balcony, indoor parking and a locker. South exposure provides good natural light throughout. The suite offers an excellent opportunity to renovate and personalize to your taste. Ideal for a family needing three bedrooms, buyers seeking a spacious starter home, or investors looking for a potential income-producing property. Conveniently located within walking distance of the Finch LRT, Albion Centre, additional shopping, medical facilities, schools and parks, with easy access to major highways. A great opportunity for buyers looking for significantly more living space than typically found in newer condominium buildings. (id:66096)

Property Details

MLS®: W13839858
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: None
Garage: Garage, Underground
Condo Fee: $737/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,266.07/yr
Listed: 36 days ago

Rooms

Flat

Kitchen: 3.52 x 2.36 meters
Dining room: 6.69 x 6.33 meters
Living room: 6.69 x 6.33 meters
Primary Bedroom: 3.99 x 3.91 meters
Bedroom 2: 3.33 x 3.04 meters
Bedroom 3: 3.69 x 3.53 meters

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

Features

Appliances: Refrigerator, Stove, Freezer, Hood Fan, Window Coverings
Flooring: Parquet
Exterior: Brick
Lot Features: Balcony, Carpet Free, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (Mount Olive-Silverstone-Jamestown) listings, avg age

63d

Price / ft²

$308

List price

$400K

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 3-bed single family in Toronto (Mount Olive-Silverstone-Jamestown) has been listed for 36 days, which is 27 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RE/MAX PREMIER INC. · SILVIO AZZINNARI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9V)

This home lists at $399,900, about 4.9× the local median household income of $82,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 53,878
Median age: 37.2
Owner / renter: 54% / 46%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M9V)

$399,900· $308/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$106/mo

Condo fee$737/mo

Total monthly$2,949

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$8,947

Est. closing costs$3,700

Total cash needed$32,642

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