$355,000

For saleJust listed

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#406 150 Alton Towers Circle, Toronto (Milliken) - Single Family for Sale

#406 150 Alton Towers Circle, Toronto (Milliken), Ontario, M1V4X7

1 bed1 bath parking

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Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$355,000

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $355,000, it is attractively priced about 27% below the $488,000 median asking price in Toronto. It has been on the market 2 days, fresher than the Toronto average of 110 days.

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

Description

New flooring throughout, Freshly Painted, Bright Open Concept Layout. Nice Views overlooking trees to the east. Condo is move-in ready and available anytime for new owners. The Building has all the amenities you could want - Pool, Gym, Tennis, 24 hours Security. Great Location and much desired building with low monthly fees! (id:66096)

Property Details

MLS®: E14140778
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $390/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,665/yr
Listed: 2 days ago

Market Timing

Days on market

Toronto (Milliken) listings, avg age

110d

Price / ft²

$474

List price

$355K

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 (M1V)

This home lists at $355,000, about 4.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $69,344 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 50,825
Median age: 45.6
Owner / renter: 81% / 19%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1V)

$355,000· $474/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,750

Min 5%50%

Mortgage payment$1,870/mo

↳ CMHC premium ($13,490 capitalized)

Property tax (est.)$139/mo

Condo fee$390/mo

Total monthly$2,398

Cash Needed to Close

Down payment (5%)$17,750

Land transfer tax$7,600

Est. closing costs$3,565

Total cash needed$28,915

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

#406 150 Alton Towers Circle, Toronto (Milliken) - Single Family for Sale

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Neighbourhood profile (M1V)

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