$984,000

$989,000For salePrice drop↓ $5,000 (1%)

#308 505 Glencairn Avenue, Toronto (Englemount-Lawrence) - Single Family for Sale

#308 505 Glencairn Avenue, Toronto (Englemount-Lawrence), Ontario, M6B0B2

2 beds2 baths0 parking750 ft²$749/mo condo feeListed 36 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 36 days, fresher than the Toronto average of 61 days.

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Description

Experience elevated urban living at Glenhill Condominiums by Lanterra, an exclusive residence where sophisticated design meets resort-inspired luxury. This beautifully appointed 1 Bedroom +Flex offers an exceptional layout with an oversized flex space ideal as a second bedroom orelegant home office. A premium Upgrade Package features Miele appliances, stone countertops and backsplash, upgraded cabinetry, pot lights throughout and wide-plank engineered hardwood flooring. Indulge in an impressive collection of amenities including indoor & outdoor pools, state-of-the-art fitness and spa facilities, private dining and lounge spaces, concierge service and beautifully landscaped grounds, complemented by the onsite Glenhill Hotel and event space. Ideally situated moments from Glencairn subway, Yorkdale, Allen Rd. & Hwy 401, with exceptional dining, shopping, parks and everyday conveniences nearby. (id:66096)

Property Details

MLS®: C13841736
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $749/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Listed: 36 days ago

Rooms

Main level

Dining room: 4.11 x 2.9 meters
Living room: 3.35 x 2.9 meters
Primary Bedroom: 2.59 x 2.74 meters

Second level

Den: 2.59 x 2.74 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, Range, Oven, Dryer, Microwave, Oven - Built-In
Flooring: Hardwood
Exterior: Concrete
Lot Features: Flat site, Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (Englemount-Lawrence) listings, avg age

61d

Price / ft²

$1,313

List price

$984K

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 (Englemount-Lawrence) has been listed for 36 days, which is 25 days fresher than the city average of 61. Act while there is still low competition.

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Listed by CITYSCAPE REAL ESTATE LTD. · EVA BOWMAN-NAVA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6B)

This home lists at $984,000, about 11.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $192,210 (20% down, 25-yr amortization, stress-tested) — roughly 123% above the area median.

Median household income: $86,000
Population: 28,534
Median age: 42
Owner / renter: 50% / 50%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M6B)

$984,000· $1,313/ft²

For sale

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Full Cost Breakdown

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Down Payment7.46% · $73,400

Min 7.46%50%

Mortgage payment$5,049/mo

↳ CMHC premium ($36,424 capitalized)

Est. property tax$0/mo

Condo fee$749/mo

Total monthly$5,797

Cash Needed to Close

Down payment (7.46%)$73,400

Land transfer tax$32,310

Est. closing costs$5,452

Total cash needed$111,162

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