$545,000

For sale

#321 621 Sheppard Avenue East, Toronto (Bayview Village) - Single Family for Sale

#321 621 Sheppard Avenue East, Toronto (Bayview Village), Ontario, M2K1B5

2 beds1 bath1 parking550 ft²$646/mo condo feeListed 66 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $545,000, it is attractively priced about 9% below the $599,000 median asking price in Toronto.

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Description

Incredible Opportunity at Vida Condos To Own A Bright & Spacious Two Bedroom 1 Bathroom Condo At The Heart Of Bayview Village. One Parking and One Locker Included. Shows True Pride of Home Ownership! Owner-Lived In! Priced To Sell and Excellent Chance for First-Time Home Buyers, Small Family, or Rental-Income. Premium Custom Designed Murphy Bed INCLUDED in Second Bedroom for Quick Office/Bed Transformation! Modern Finishes with 9ft Ceilings, Upscale Appliances, Laminate Floors, etc. Plenty of Visitor & Commercial Parking Spaces! Minutes To Bayview Village Mall, Bessarion and Bayview Subway Station, Restaurants, Loblaws, YMCA, and within close proximity to Highway 401/404. Many Amenities including Gym, Party Room, Game Room, Terrace, Outdoor BBQ, and more. (id:66096)

Property Details

MLS®: C13731028
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $646/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,654.39/yr
Listed: 66 days ago

Features

Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

66d

Toronto (Bayview Village) listings, avg age

50d

Price / ft²

$992

List price

$545K

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 (Bayview Village) 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 RIGHT AT HOME REALTY · JOHNNY DUNG NGUYEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $545,000, about 6.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $106,458 (20% down, 25-yr amortization, stress-tested) — roughly 28% above the area median.

Median household income: $83,000
Population: 25,377
Median age: 40.4
Owner / renter: 56% / 44%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M2K)

$545,000· $992/ft²

For sale

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Full Cost Breakdown

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Down Payment5.41% · $29,500

Min 5.41%50%

Mortgage payment$2,858/mo

↳ CMHC premium ($20,620 capitalized)

Property tax (est.)$221/mo

Condo fee$646/mo

Total monthly$3,725

Cash Needed to Close

Down payment (5.41%)$29,500

Land transfer tax$14,750

Est. closing costs$4,135

Total cash needed$48,385

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