$519,900

For saleJust listed

#405 49 Silverstone Drive, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

#405 49 Silverstone Drive, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V3G2

3 beds2 baths1 parking1,100 ft²$637/mo condo feeListed 7 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 7 days, fresher than the Toronto average of 63 days.

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Description

Spacious 2 bedroom plus den, 2 bathroom unit located in a desirable and well established neighbourhood. This bright and spacious unit offers a functional layout, a walkout to a private balcony, a kitchen with stainless steel appliances, freshly painted walls, new flooring, and generous closet space in both bedrooms. The versatile den offers additional living space and can be used as a home office or an additional bedroom, depending on your needs. Ideally situated within walking distance of Albion Mall, grocery stores, schools, public transit, and the Finch West LRT, with convenient access to Highways 401, 427, and 407. Maintenance fees include Bell Internet, heat, and water, offering added value and convenience. One parking space and one locker are included. **Furniture can be included in the purchase price**, Property is being sold in "as-is, where-is" condition. (id:66096)

Property Details

MLS®: W14125662
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: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground
Condo Fee: $637/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $1,327.19/yr
Listed: 7 days ago

Features

Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

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

63d

Price / ft²

$473

List price

$520K

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 3-bed single family in Toronto (Mount Olive-Silverstone-Jamestown) has been listed for 7 days, which is 56 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · SUMEET SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9V)

This home lists at $519,900, about 6.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $101,555 (20% down, 25-yr amortization, stress-tested) — roughly 24% above 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)

$519,900· $473/ft²

For sale

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Full Cost Breakdown

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Down Payment5.19% · $26,990

Min 5.19%50%

Mortgage payment$2,733/mo

↳ CMHC premium ($19,716 capitalized)

Property tax (est.)$111/mo

Condo fee$637/mo

Total monthly$3,480

Cash Needed to Close

Down payment (5.19%)$26,990

Land transfer tax$13,746

Est. closing costs$4,060

Total cash needed$44,796

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