$299,777

For sale

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#405 335 Driftwood Avenue, Toronto (Black Creek) - Single Family for Sale

#405 335 Driftwood Avenue, Toronto (Black Creek), Ontario, M3N2P3

2 beds1 bath1 parking ft²

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2 bd2 ba1 pk950 ft²+$712/mo

Listed by RE/MAX EXPERTS

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$248K

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2 bd1 ba1 pk750 ft²+$809/mo

Listed by RE/MAX PREMIER INC.

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For sale

8 days ago

$150K

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1 bd1 ba1 pk650 ft²+$758/mo

#211 335 Driftwood Avenue, Toronto (Black Creek), Ontario, M3N2P3

3 bd2 ba1 pk1,100 ft²+$1157/mo

Listed by HOMELIFE KINGSVIEW REAL ESTATE INC.

Investment analysis

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$299,777

Toronto

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Description

BEST DEAL !! Priced for Quick Action!!Well Maintained, Spacious and Bright 2 Bedroom with 1 full washroom unit !! Overlooking Ravine!!Almost 900 Sqft !! Move-In Condition!!Open Private Balcony !! Large Ensuite Locker/Laundry!! Laminate Floor throuughout!! Master bedroom with W/I Closet!! Ideal for First time buyers or downsizing/retiring couple !! Close to York University, Transit and Upcoming Subway Line!! Old Photos!! (id:66096)

Property Details

MLS®: W12814778
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground
Condo Fee: $940/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $930/yr
Listed: 253 days ago

Market Timing

Days on market

253d

Toronto (Black Creek) listings, avg age

56d

Price / ft²

$353

List price

$300K

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 (M3N)

This home lists at $299,777, about 4.5× the local median household income of $66,500.

Carrying it typically needs a household income of about $58,557 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $66,500
Population: 40,846
Median age: 38
Owner / renter: 37% / 63%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA M3N)

$299,777· $353/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,988.85

Min 5%50%

Mortgage payment$1,579/mo

↳ CMHC premium ($11,392 capitalized)

Property tax (est.)$78/mo

Condo fee$940/mo

Total monthly$2,596

Cash Needed to Close

Down payment (5%)$14,989

Land transfer tax$5,943

Est. closing costs$3,399

Total cash needed$24,331

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

#405 335 Driftwood Avenue, Toronto (Black Creek) - Single Family for Sale

Rental cashflow calculator

Description

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Neighbourhood profile (M3N)

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