$375,000

For sale

#403 2645 Kipling Avenue, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

#403 2645 Kipling Avenue, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V3S6

2 beds2 baths1 parking1,100 ft²$508/mo condo feeListed 54 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $375,000, it is attractively priced about 23% below the $484,900 median asking price in Toronto. It has been on the market 54 days, fresher than the Toronto average of 63 days.

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

Description

Spacious & Renovated 2-Bedroom Condo | 1,005 Sq. Ft. | Balcony | Great Investment Opportunity !!Welcome to this spacious and beautifully renovated 2-bedroom, 1.5-bathroom condo offering approximately 1,005 sq. ft. of comfortable living space. Featuring a functional layout, updated finishes, and newer flooring in the living room, this home is move-in ready and ideal for first-time buyers, downsizers, or investors. The generous living area provides plenty of room to relax and entertain, while the private balcony offers the perfect spot to enjoy your morning coffee or unwind outdoors. The well-proportioned bedrooms and convenient 1.5-bathroom layout make this a practical home for everyday living. Investors will love the opportunity to purchase a turnkey property with a great existing tenant who is willing to stay, offering the potential for a seamless transition and continued rental income. A rare opportunity to own a renovated, spacious 1,005 sq. ft. condo with a balcony and an excellent tenant already in place. Don't miss your chance to make this property yours! (id:66096)

Property Details

MLS®: W13773928
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Style: Multi-level
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground
Condo Fee: $508/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $500/yr

Rooms

Flat

Living room: 6.1 x 3.5 meters
Dining room: 3.45 x 3.05 meters
Kitchen: 3.45 x 2.95 meters
Primary Bedroom: 4.5 x 3.35 meters
Bedroom 2: 3.25 x 2.95 meters

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

Features

Flooring: Laminate, Parquet, Vinyl
Exterior: Brick
Lot Features: Balcony, Carpet Free, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

54d

Toronto (Mount Olive-Silverstone-Jamestown) listings, avg age

63d

Price / ft²

$341

List price

$375K

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 (Mount Olive-Silverstone-Jamestown) has been listed for 54 days, which is 9 days fresher than the city average of 63. Act while there is still low competition.

Set a price alert Book a showing

Listed by KIC REALTY · CHRIS JOHNSTONE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9V)

This home lists at $375,000, about 4.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 53,878
Median age: 37.2
Owner / renter: 54% / 46%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M9V)

$375,000· $341/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $18,750

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,250 capitalized)

Property tax (est.)$42/mo

Condo fee$508/mo

Total monthly$2,525

Cash Needed to Close

Down payment (5%)$18,750

Land transfer tax$8,200

Est. closing costs$3,625

Total cash needed$30,575

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator