$399,800

For sale

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#401 1470 Midland Avenue, Toronto (Dorset Park) - Single Family for Sale

#401 1470 Midland Avenue, Toronto (Dorset Park), Ontario, M1P3B9

3 beds2 baths1 parking ft²

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3 bd2 ba1 pk1,300 ft²+$570/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

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For saleJust listed

Yesterday

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2 bd1 ba1 pk650 ft²+$525/mo

Listed by NU STREAM REALTY (TORONTO) INC.

#552 83 Mondeo Drive, Toronto (Dorset Park), Ontario, M1P5B6

For sale

8 days ago

$680K

#552 83 Mondeo Drive, Toronto (Dorset Park), Ontario, M1P5B6

3 bd2 ba1 pk1,300 ft²+$536/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

#721 2550 Lawrence Avenue East, Toronto (Dorset Park), Ontario, M1P4Z3

For sale

11 days ago

$399K

#721 2550 Lawrence Avenue East, Toronto (Dorset Park), Ontario, M1P4Z3

2 bd2 ba1 pk950 ft²+$854/mo

Listed by CENTURY 21 PERCY FULTON LTD.

Investment analysis

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$399,800

Toronto

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Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $399,800, it is attractively priced about 27% below the $549,000 median asking price in Toronto. It has been on the market 22 days, fresher than the Toronto average of 65 days.

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

Description

Priced To Sell. Bright & Spacious 2-Bedroom, 2 Full Bathroom Condo With Unobstructed View, 1 Parking Space, And Low Maintenance Fees. **24-Hour Security And An Excellent Opportunity to Renovate And Customize to your Taste. Conveniently Located Near Midland & Lawrence >>Walking Distance To TTC, Thompson Park, Schools, Grocery Stores, restaurant, Places Of Worship, Banks And Many More Amenities. Easy Access To Hwy 401 within 5 mins Excellent Value In A Convenient Location ** Lowest listing price...Don't Miss This Opportunity! (id:66096)

Property Details

MLS®: E14029992
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $825/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,621/yr
Listed: 22 days ago

Market Timing

Days on market

22d

Toronto (Dorset Park) listings, avg age

65d

Price / ft²

$421

List price

$400K

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 (M1P)

This home lists at $399,800, about 5.3× the local median household income of $76,000.

Carrying it typically needs a household income of about $78,095 (20% down, 25-yr amortization, stress-tested) — roughly 3% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$399,800· $421/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,990

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,192 capitalized)

Property tax (est.)$135/mo

Condo fee$825/mo

Total monthly$3,066

Cash Needed to Close

Down payment (5%)$19,990

Land transfer tax$8,944

Est. closing costs$3,699

Total cash needed$32,633

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

#401 1470 Midland Avenue, Toronto (Dorset Park) - Single Family for Sale

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