$499,000

For sale

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#315 25 Greenview Avenue, Toronto (Newtonbrook West) - Single Family for Sale

#315 25 Greenview Avenue, Toronto (Newtonbrook West), Ontario, M2M0A5

2 beds1 bath1 parking ft²

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Investment analysis

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$499,000

Toronto

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Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $499,000, it is attractively priced about 9% below the $549,000 median asking price in Toronto. It has been on the market 28 days, fresher than the Toronto average of 56 days.

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

Description

Luxurious Tridel 'Meridian' Residence. Located In The Heart Of North York. This 1 Bdrm plus den is Rare spot on the quiet terrace level. Smart layout has plenty of space, No any Waste area. Residents benefit from a full-service lifestyle with premium amenities, including 24-hour concierge, indoor pool, fitness centre, party room, guest suites, and an impressive two-story lobby. Steps From Finch Subway Station, TTC, Go Station, Restaurants And Much More. 1 Parking, 1 Locker. (id:66096)

Property Details

MLS®: C13880390
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $526/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,647.23/yr
Listed: 28 days ago

Market Timing

Days on market

28d

Toronto (Newtonbrook West) listings, avg age

56d

Price / ft²

$908

List price

$499K

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.

Area context

Neighbourhood profile (M2M)

This home lists at $499,000, about 6.2× the local median household income of $81,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$499,000· $908/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$221/mo

Condo fee$526/mo

Total monthly$3,375

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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

#315 25 Greenview Avenue, Toronto (Newtonbrook West) - Single Family for Sale

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