$505,000

For sale

#312 25 Strangford Lane, Toronto (Clairlea-Birchmount) - Single Family for Sale

#312 25 Strangford Lane, Toronto (Clairlea-Birchmount), Ontario, M1L0E5

2 beds2 baths1 parking850 ft²$543/mo condo feeListed 57 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $505,000 asking price sits right in line with the $514,900 median in Toronto.

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Description

Discover an exceptional opportunity to own this beautifully maintained, updated two-bedroom, 1.5 bathrooms, end-unit condo townhouse Toronto's desirable Clairlea-Birchmount neighbourhood.Enjoy the Toronto skyline and CN Tower views from your own private balcony, a wonderful setting for morning coffee or unwinding at the end of the day.Commuting downtown? You'll appreciate convenient access to both Warden and Victoria Park subway stations, nearby TTC bus service, and driving connections to the DVP and Highway 401.Inside, this bright and inviting 877 sq. ft. home offers an open-concept living and dining area, updated kitchen cabinetry, quartz countertops, laminate flooring, newer bathroom vanities and ensuite laundry. With two bedrooms, two bathrooms and an owned underground parking space, this home offers comfort, practicality and flexibility.Enjoy a residential setting tucked away from the main road, while being close to grocery stores ( a short walk to No Frills), shopping, restaurants, parks, schools and everyday amenities. For those who enjoy an active lifestyle, nearby green spaces and recreational opportunities add to the appeal. (id:66096)

Property Details

MLS®: E13766914
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $543/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,263.57/yr
Listed: 57 days ago

Rooms

Second level

Living room: 11.52 x 9.51 meters
Kitchen: 11.52 x 7.58 meters

Third level

Bedroom: 10.07 x 9.35 meters
Bedroom 2: 10.01 x 7.87 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, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Toronto (Clairlea-Birchmount) listings, avg age

42d

Price / ft²

$594

List price

$505K

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 (Clairlea-Birchmount) 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 RE/MAX ROUGE RIVER REALTY LTD. · TANYA SCARLETT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1L)

This home lists at $505,000, about 6.5× the local median household income of $78,000.

Carrying it typically needs a household income of about $98,644 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.

Median household income: $78,000
Population: 35,833
Median age: 38.8
Owner / renter: 51% / 49%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1L)

$505,000· $594/ft²

For sale

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Full Cost Breakdown

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Down Payment5.05% · $25,500

Min 5.05%50%

Mortgage payment$2,658/mo

↳ CMHC premium ($19,180 capitalized)

Property tax (est.)$189/mo

Condo fee$543/mo

Total monthly$3,390

Cash Needed to Close

Down payment (5.05%)$25,500

Land transfer tax$13,150

Est. closing costs$4,015

Total cash needed$42,665

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