$480,000

For sale

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#319 5235 Finch Avenue East, Toronto (Agincourt North) - Single Family for Sale

#319 5235 Finch Avenue East, Toronto (Agincourt North), Ontario, M1S5X3

3 beds2 baths1 parking ft²

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Investment analysis

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$480,000

Toronto

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Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $480,000, it is attractively priced about 6% below the $509,900 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 73 days.

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

Description

Client RemarksGreat Location!!!! Open-Concept Condo In A High-Demand Low Rise Building!! Stunning Large Modern Kitchen W/Granite Countertops, Stainless Steel Appls And Pantry, Laminate Floors, Big Closet Spaces, Den( Can Be Used As Bedroom), Spacious Balcony. Steps To Ttc, Shopping And Restaurants. Close To School And 401. Immaculate - Just Move In!! (id:66096)

Property Details

MLS®: E14092656
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $625/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,839.97/yr
Listed: 16 days ago

Market Timing

Days on market

16d

Toronto (Agincourt North) listings, avg age

73d

Price / ft²

$565

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.

Area context

Neighbourhood profile (M1S)

This home lists at $480,000, about 5.9× the local median household income of $81,000.

Carrying it typically needs a household income of about $93,761 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.

Median household income: $81,000
Population: 37,663
Median age: 44.4
Owner / renter: 75% / 25%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1S)

$480,000· $565/ft²

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.)$153/mo

Condo fee$625/mo

Total monthly$3,307

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

#319 5235 Finch Avenue East, Toronto (Agincourt North) - Single Family for Sale

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