$399,000

$449,000For salePrice drop↓ $50,000 (11%)

#19 10 Livonia Place, Toronto (Morningside), Ontario, M1E4W6

5 bd3 ba2 pk1,500 ft²+$929/mo

Listed by CENTURY 21 INNOVATIVE REALTY INC.

#1018 100 Mornelle Court, Toronto (Morningside), Ontario, M1E4X2

For sale

11 days ago

$460K

#1018 100 Mornelle Court, Toronto (Morningside), Ontario, M1E4X2

3 bd2 ba1 pk1,300 ft²+$795/mo

Listed by CENTURY 21 TITANS REALTY INC.

#1003 3050 Ellesmere Road, Toronto (Morningside), Ontario, M1E5E6

For sale

13 days ago

$300K

#1003 3050 Ellesmere Road, Toronto (Morningside), Ontario, M1E5E6

2 bd2 ba1 pk850 ft²+$919/mo

Listed by ANJIA REALTY

143 Purpledusk Trail, Toronto (Morningside), Ontario, M1E4C9

For sale

27 days ago

$678K

143 Purpledusk Trail, Toronto (Morningside), Ontario, M1E4C9

4 bd3 ba3 pk1,300 ft²+$497/mo

Listed by CENTURY 21 ATRIA REALTY INC.

Investment analysis

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$399,000

Toronto

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Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $399,000, it is attractively priced about 36% below the $620,000 median asking price in Toronto. It has been on the market 44 days, fresher than the Toronto average of 48 days.

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

Description

Discover an exceptionally large and spacious 2-bedroom, 2-bathroom suite with a bright sunroom - a rare find offering an abundance of living space. Newly upgraded flooring gives the unit a fresh, modern feel, while the generous layout provides plenty of flexibility for comfortable living, working from home, or rental opportunities. One parking space and one locker are included, and hydro is included in the maintenance fees, providing added convenience and value. Ideally located just steps from University of Toronto (Scarborough), Centennial College, and the Pan Am Sports Centre, this property offers excellent potential for rental income and strong appeal to students, faculty, professionals and athletes. Conveniently situated near major highways, transit, shopping, and everyday amenities. A truly rare opportunity for bothinvestors and end-users! The maintenance fee include covers all utilities. (id:66096)

Property Details

MLS®: E13810678
Property Type: Single Family
Zoning: Residential
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,382/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,711.11/yr
Listed: 44 days ago

Market Timing

Days on market

44d

Toronto (Morningside) listings, avg age

48d

Price / ft²

$307

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.

Area context

Neighbourhood profile (M1E)

This home lists at $399,000, about 4.9× the local median household income of $82,000.

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: $82,000
Population: 48,033
Median age: 41.2
Owner / renter: 63% / 37%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1E)

$399,000· $307/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.)$143/mo

Condo fee$1,382/mo

Total monthly$3,626

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

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#406 3050 Ellesmere Road, Toronto (Morningside) - Single Family for Sale

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Neighbourhood profile (M1E)

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