$459,000

For sale

#320 816 Lansdowne Avenue, Toronto (Dovercourt-Wallace Emerson-Junction) - Single Family for Sale

#320 816 Lansdowne Avenue, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H4K6

2 beds1 bath1 parking650 ft²$607/mo condo feeListed 42 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $459,000, it is attractively priced about 29% below the $649,900 median asking price in Toronto. It has been on the market 42 days, fresher than the Toronto average of 54 days.

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Description

Welcome To Suite 320 At The Upside Down Condos, A Bright, Beautiful & Well Maintained 1 Bedroom Plus Den West Facing Unit. At 625 Sq Ft, This Is A Spacious And Very Functional Space, With Plenty Of Room For A Home Office, That Would Make A Great Starter Home Or Investment Property. Enjoy The Sunshine From The West View Balcony Overlooking The Lovely Courtyard. Vibrant And Happening Neighbourhood, Everything Is Close-by! Easy Walk Or Bus Ride To Bloor Subway And Shops/Restaurants, Quick Stroll Or Bike Ride To Hip Geary Ave. Building Amenities Include Onsite Mgmt Office, Gym, Yoga Studio, Sauna, Party/Meeting Room, Basketball Court & Games Room. This Unit Shows Exceptionally Well - Don't Miss It! (id:66096)

Property Details

MLS®: W13827982
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $607/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,217.53/yr
Listed: 42 days ago

Rooms

Main level

Living room: 3.73 x 3.23 meters
Dining room: 3.73 x 3.23 meters
Kitchen: 3.3 x 3.23 meters
Primary Bedroom: 4.55 x 3.02 meters
Den: 2.59 x 1.93 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
Flooring: Laminate, Carpeted
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Toronto (Dovercourt-Wallace Emerson-Junction) listings, avg age

54d

Price / ft²

$707

List price

$459K

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 (Dovercourt-Wallace Emerson-Junction) has been listed for 42 days, which is 12 days fresher than the city average of 54. Act while there is still low competition.

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Listed by ROYAL LEPAGE TERREQUITY REALTY · ANIL KHERA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6H)

This home lists at $459,000, about 5.5× the local median household income of $83,000.

Carrying it typically needs a household income of about $89,659 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $83,000
Population: 43,730
Median age: 38.4
Owner / renter: 49% / 52%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6H)

$459,000· $707/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,950

Min 5%50%

Mortgage payment$2,418/mo

↳ CMHC premium ($17,442 capitalized)

Property tax (est.)$185/mo

Condo fee$607/mo

Total monthly$3,210

Cash Needed to Close

Down payment (5%)$22,950

Land transfer tax$11,310

Est. closing costs$3,877

Total cash needed$38,137

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