$399,000

For sale

#404 55 Ann O'Reilly Road, Toronto (Henry Farm) - Single Family for Sale

#404 55 Ann O'Reilly Road, Toronto (Henry Farm), Ontario, M2J0E1

1 bed1 bath1 parking550 ft²$402/mo condo feeListed 20 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $399,000, it is attractively priced about 25% below the $529,000 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 45 days.

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Description

Welcome to this stylish and thoughtfully designed 1-bedroom condo in the sought-after Parkside at Atria community! Offering 527 sq. ft. of well-planned living space, this bright and functional suite features an open-concept layout, a modern kitchen with stainless steel appliances, and a private balcony perfect for enjoying your morning coffee or unwinding at the end of the day. Parking is also included, adding exceptional convenience and value. Ideal for first-time buyers, young professionals, or investors looking for a fantastic opportunity in a convenient location. Situated in the vibrant Sheppard and Consumers Road neighbourhood, just minutes from Fairview Mall, TTC transit, parks, restaurants, shopping, and everyday amenities. Commuters will appreciate the easy access to Highways 401, 404, and the DVP. A wonderful opportunity to enjoy comfortable, low-maintenance living in a well-connected Toronto community! (id:66096)

Property Details

MLS®: C14080582
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $402/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,056.39/yr
Listed: 20 days ago

Rooms

Ground level

Living room: 5.73 x 3.23 meters
Dining room: 5.73 x 3.23 meters
Kitchen: 2.74 x 2.43 meters
Primary Bedroom: 3.2 x 3.05 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
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$726

List price

$399K

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 1-bed single family in Toronto (Henry Farm) has been listed for 20 days, which is 25 days fresher than the city average of 45. Act while there is still low competition.

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Listed by SUTTON GROUP OLD MILL REALTY INC. · CHRISTOPHER IAN HARROP

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2J)

This home lists at $399,000, about 4.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 61,761
Median age: 38.4
Owner / renter: 51% / 49%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2J)

$399,000· $726/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$171/mo

Condo fee$402/mo

Total monthly$2,675

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$8,920

Est. closing costs$3,697

Total cash needed$32,567

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