$275,000

For sale

#309 301 Prudential Drive, Toronto (Dorset Park) - Single Family for Sale

#309 301 Prudential Drive, Toronto (Dorset Park), Ontario, M1P4V3

2 beds1 bath1 parking850 ft²$857/mo condo feeListed 57 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 57 days, fresher than the Toronto average of 65 days.

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Description

Excellent Opportunity For Investors, Renovators, First-Time Buyers. Offered In Its Present Condition As Part Of An Estate Sale, Unit is being Sold "As Is Where Is". Old Kitchen Appliances Have Been Removed For Buyer's Convenience. This Spacious Condo With Plenty Of Room And Impressive Unobstructed Views Offers An Excellent Opportunity To Update And Customize The Unit To Create A Space Tailored To Your Needs. Layout Includes 1 Bedroom, Den (Can be used as a 2nd Bedroom),and 1 Bathroom. The Well- Proportioned Floor Plan Provides Strong Potential For Improvement And Modernization. This Property Is Ideal For Those Looking To Add Value Through Renovation And Personal Touches. (id:66096)

Property Details

MLS®: E13754494
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Pool: Yes
Condo Fee: $857/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,135.62/yr
Listed: 57 days ago

Rooms

Main level

Living room: 3.78 x 4.72 meters
Dining room: 2.23 x 2.93 meters
Primary Bedroom: 3.14 x 4.76 meters
Study: 3.05 x 4.3 meters
Kitchen: 1.86 x 3.38 meters

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

Features

Flooring: Parquet
Exterior: Concrete, Brick
Lot Features: Elevator, Balcony, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Toronto (Dorset Park) listings, avg age

65d

Price / ft²

$324

List price

$275K

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 (Dorset Park) has been listed for 57 days, which is 8 days fresher than the city average of 65. Act while there is still low competition.

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Listed by HOMELIFE MAPLE LEAF REALTY LTD. · NARENDER SEHGAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $275,000, about 3.6× the local median household income of $76,000.

Carrying it typically needs a household income of about $53,717 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$275,000· $324/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,750

Min 5%50%

Mortgage payment$1,448/mo

↳ CMHC premium ($10,450 capitalized)

Property tax (est.)$95/mo

Condo fee$857/mo

Total monthly$2,400

Cash Needed to Close

Down payment (5%)$13,750

Land transfer tax$5,200

Est. closing costs$3,325

Total cash needed$22,275

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