$333,900

For sale

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#405 121 Trudelle Street, Toronto (Eglinton East) - Single Family for Sale

#405 121 Trudelle Street, Toronto (Eglinton East), Ontario, M1J3K4

3 beds2 baths1 parking ft²

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Investment analysis

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$333,900

Toronto

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Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $333,900, it is attractively priced about 22% below the $429,000 median asking price in Toronto. It has been on the market 14 days, fresher than the Toronto average of 48 days.

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

Description

Spacious condo unit in the heart of Scarborough. This bright and well-maintained unit features 2 bedrooms, 2 bathrooms, a large kitchen with ample cabinet space, and an ensuite laundry room. A great opportunity for first-time home buyers, investors, or downsizers. The all-inclusive maintenance fee covers cable TV, heat, hydro, water, building insurance, offering exceptional value and convenience. Located just minutes from schools, public transit, parks, hospitals, shopping, and many other amenities. (id:66096)

Property Details

MLS®: E14104930
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,128/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,222/yr
Listed: 14 days ago

Market Timing

Days on market

14d

Toronto (Eglinton East) listings, avg age

48d

Price / ft²

$304

List price

$334K

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 (M1J)

This home lists at $333,900, about 4.4× the local median household income of $76,500.

Carrying it typically needs a household income of about $65,222 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $76,500
Population: 37,002
Median age: 37.6
Owner / renter: 46% / 54%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M1J)

$333,900· $304/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,695

Min 5%50%

Mortgage payment$1,759/mo

↳ CMHC premium ($12,688 capitalized)

Property tax (est.)$102/mo

Condo fee$1,128/mo

Total monthly$2,989

Cash Needed to Close

Down payment (5%)$16,695

Land transfer tax$6,967

Est. closing costs$3,502

Total cash needed$27,164

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

#405 121 Trudelle Street, Toronto (Eglinton East) - Single Family for Sale

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Neighbourhood profile (M1J)

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