$599,900

$639,900For salePrice drop↓ $40,000 (6%)

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#4 21 Rockwood Drive, Toronto (Cliffcrest) - Single Family for Sale

#4 21 Rockwood Drive, Toronto (Cliffcrest), Ontario, M1M3M9

3 beds2 baths parking

↓ $30K (7%) price drop

#628 2799 Kingston Road, Toronto (Cliffcrest), Ontario, M1M1N1

2 bd2 ba1 pk650 ft²+$642/mo

Listed by RE/MAX CROSSROADS REALTY INC.

#8 21 Rockwood Drive, Toronto (Cliffcrest), Ontario, M1M3M9

For sale

22 days ago

$670K

#8 21 Rockwood Drive, Toronto (Cliffcrest), Ontario, M1M3M9

3 bd2 ba2 pk1,100 ft²+$470/mo

Listed by RE/MAX METROPOLIS REALTY

#E65 7 Brimley Road South, Toronto (Cliffcrest), Ontario, M1M3W3

For sale

34 days ago

$439K

#E65 7 Brimley Road South, Toronto (Cliffcrest), Ontario, M1M3W3

1 bd2 ba2 pk650 ft²+$1234/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

#219 2799 Kingston Road, Toronto (Cliffcrest), Ontario, M1M0E3

For sale

41 days ago

$565K

#219 2799 Kingston Road, Toronto (Cliffcrest), Ontario, M1M0E3

2 bd2 ba1 pk650 ft²+$642/mo

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Investment analysis

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$599,900

Toronto

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Description

Excellent starter home in a convenient Scarborough location! This well-laid-out 3-bedroom, 2- washroom townhome offers a practical floor plan and a walkout to a private patio, perfect for outdoor enjoyment. Currently tenanted. Property is being sold in as-is condition. 24 hours' notice required for all showings. Steps to TTC, schools, shopping, and minutes from the scenic Scarborough Bluffs. Hot water tank is rented. A great opportunity for first-time buyers, investors, or anyone looking to create their own home. (id:66096)

Property Details

MLS®: E13811692
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,100 ft²
Storeys: 3
Basement: Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $470/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,179.17/yr
Listed: 44 days ago

Rooms

Main level

Living room: 4.49 x 3.48 meters

Second level

Dining room: 5.1 x 3 meters
Kitchen: 5.07 x 2.33 meters

Third level

Primary Bedroom: 4.4 x 2.82 meters
Bedroom 2: 2.89 x 4.44 meters
Bedroom 3: 2.35 x 3.17 meters

Basement

Utility room: 2.24 x 4.82 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

44d

Toronto (Cliffcrest) listings, avg age

59d

Price / ft²

$546

List price

$600K

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 (M1M)

This home lists at $599,900, about 6.9× the local median household income of $87,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.

Median household income: $87,000
Population: 23,258
Median age: 44.4
Owner / renter: 63% / 37%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1M)

$599,900· $546/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$182/mo

Condo fee$470/mo

Total monthly$3,784

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$16,946

Est. closing costs$4,300

Total cash needed$56,236

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

#4 21 Rockwood Drive, Toronto (Cliffcrest) - Single Family for Sale

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Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M1M)

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