$975,000

For sale

#308 40 Sylvan Valleyway Way, Toronto (Bedford Park-Nortown) - Single Family for Sale

#308 40 Sylvan Valleyway Way, Toronto (Bedford Park-Nortown), Ontario, M5M4M3

2 beds2 baths1 parking1,300 ft²$2,241/mo condo feeListed 14 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 14 days, fresher than the Toronto average of 52 days.

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Description

Prepare to be wowed! Brand new total renovation just completed in demand Bedford Glen! Welcome to this beautiful two storey condo, feels like a home with none of the work! Gorgeous kitchen with honed stone counters, huge center island, convenient breakfast bar, spacious living and dining rooms, all LED lights on dimmers, custom glass railings with stainless steel rails, w/o to delightful terrace where you can enjoy BBQing all year round. Brand new terrace stonework. Smooth ceilings, beautiful custom doors with polished nickel hardware. Kitchen has a Blanco scratch resistant custom sink and built-in appliances including a wine fridge. Powder room has honed stone counters and beautiful wood and nickel hardware. Upstairs enjoy a bright primary bedroom with luxurious drawers etc. in the walk-in closet, plus a second similarly outfitted closet adjacent. Spa-like five piece new bathroom with huge walk-in shower and custom cabinetry. Second bedroom is bright with large picture window,and there is the wonderful convenience of a large 2nd floor laundry room complete with convenient folding counter. Stroll to Avenue Road shops/restaurants, Pusateri's, Shopper's (open to midnight) . Easy access to TTC and subway, and 5 minutes to the 401. Parking and locker complete this dream condo. Bedford Glen offers easy carefree living in a demand neighbourhood and yet is peaceful and serene - an oasis in the city! (id:66096)

Property Details

MLS®: C14105312
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Storeys: 2
Basement: Other, See Remarks, N/A
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $2,241/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,845.12/yr

Rooms

Flat

Living room: 6.02 x 4.6 meters
Dining room: 2.64 x 2.44 meters
Kitchen: 6.15 x 3.45 meters
Other: 6.4 x 3.25 meters

Second level

Primary Bedroom: 3.96 x 3.43 meters
Bedroom 2: 3.96 x 2.5 meters
Laundry room: 2.13 x 1.73 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, Wine Fridge, Stove, Dryer, Oven - Built-In
Flooring: Hardwood
Exterior: Brick
Lot Features: Cul-de-sac, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Toronto (Bedford Park-Nortown) listings, avg age

52d

Price / ft²

$750

List price

$975K

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 (Bedford Park-Nortown) has been listed for 14 days, which is 38 days fresher than the city average of 52. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · RUTH HALPERIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5M)

This home lists at $975,000, about 5.9× the local median household income of $164,000.

Carrying it typically needs a household income of about $190,452 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.

Median household income: $164,000
Population: 25,495
Median age: 43.2
Owner / renter: 76% / 24%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M5M)

$975,000· $750/ft²

For sale

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Full Cost Breakdown

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Down Payment7.44% · $72,500

Min 7.44%50%

Mortgage payment$5,004/mo

↳ CMHC premium ($36,100 capitalized)

Property tax (est.)$404/mo

Condo fee$2,241/mo

Total monthly$7,648

Cash Needed to Close

Down payment (7.44%)$72,500

Land transfer tax$31,950

Est. closing costs$5,425

Total cash needed$109,875

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