$480,000

For sale

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#311 215 Sherway Gardens Road, Toronto (Islington-City Centre West) - Single Family for Sale

#311 215 Sherway Gardens Road, Toronto (Islington-City Centre West), Ontario, M9C0A4

1 bed1 bath1 parking

#1106 15 Viking Lane, Toronto (Islington-City Centre West), Ontario, M9B0A4

2 bd1 ba1 pk650 ft²+$543/mo

Listed by RE/MAX REALTY SPECIALISTS INC.

#1608 9 Valhalla Inn Road, Toronto (Islington-City Centre West), Ontario, M9B0B2

For saleJust listed

Yesterday

$410K

#1608 9 Valhalla Inn Road, Toronto (Islington-City Centre West), Ontario, M9B0B2

1 bd1 ba1 pk550 ft²+$509/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

#808 1185 The Queensway Way, Toronto (Islington-City Centre West), Ontario, M8Z0C6

For saleJust listed

Yesterday

$550K

#808 1185 The Queensway Way, Toronto (Islington-City Centre West), Ontario, M8Z0C6

2 bd2 ba1 pk750 ft²+$817/mo

##2101 5 Michael Power Place, Toronto (Islington-City Centre West), Ontario, M9A0A3

1 bd1 ba1 pk550 ft²+$630/mo

Listed by EVEREST REALTY LTD.

Investment analysis

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$480,000

Toronto

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$450/mo condo fee

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale. Listed at $480,000, it is attractively priced about 8% below the $519,000 median asking price in Toronto.

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

Description

Location, Location, Great Location. Steps To Ttc And Most Luxurious Sherway Garden Malls, Minutes Away To Transit, Hospital, Mall, Downtown, Airport & All Major Highways.*** Parking And Locker Included, The Dining Room Have Hardwood Floors. Close To Etobicoke Creek Trails, Great Amenities Including Sauna Room,Indoor Pool,Gym,Party Room. (id:66096)

Property Details

MLS®: W13472362
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $450/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $2,127/yr
Listed: 138 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

138d

Toronto (Islington-City Centre West) listings, avg age

56d

List price

$480K

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 (Islington-City Centre West) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HOMELIFE LANDMARK REALTY INC. · LOUIS WANG

Area context

Neighbourhood profile (M9C)

This home lists at $480,000, about 5.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $93,761 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $95,000
Population: 38,725
Median age: 45.6
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M9C)

$480,000

For sale

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Full Cost Breakdown

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Down Payment5% · $24,000

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,240 capitalized)

Property tax (est.)$177/mo

Condo fee$450/mo

Total monthly$3,155

Cash Needed to Close

Down payment (5%)$24,000

Land transfer tax$12,150

Est. closing costs$3,940

Total cash needed$40,090

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