$1,499,000

For sale

#407 350 Lonsdale Road, Toronto (Forest Hill South) - Single Family for Sale

#407 350 Lonsdale Road, Toronto (Forest Hill South), Ontario, M5P1R6

2 beds2 baths1 parking1,100 ft²$2,282/mo condo feeListed 19 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 19 days, fresher than the Toronto average of 58 days.

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Description

Exquisitely renovated 2-bedroom condo suite in a luxury low-rise building nestled on a quiet cul-de-sac in the heart of Forest Hill Village. Surrounded by serene green spaces and ravines, this residence features high-end designer finishes, custom lighting, and ambient potlights throughout. The custom open-concept kitchen boasts premium cabinetry, a large breakfast bar, and integrated top-of-the-line paneled appliances. Enjoy a sunny south exposure from your private balcony. Highlights include a primary suite with a custom vanity and a walk-in glass shower room, smooth ceilings, wide modern trim, ample organized storage, and a large dedicated laundry room with new front-load washer/dryer and sink. Outstanding building amenities include a rooftop pool with a sun patio and 360-degree panoramic views. A turnkey luxury sanctuary in one of Toronto's most coveted enclave neighborhoods. (id:66096)

Property Details

MLS®: C14089166
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Radiant heat, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $2,282/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,623/yr
Listed: 19 days ago

Rooms

Other

Kitchen: 5 x 3 meters
Living room: 7.05 x 3.89 meters
Dining room: 3.78 x 2.21 meters
Primary Bedroom: 5 x 3.5 meters
Bedroom 2: 3.78 x 3.1 meters
Laundry room: 2.78 x 2 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Freezer, Oven - Built-In, Window Coverings, Garage door opener remote(s)
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Toronto (Forest Hill South) listings, avg age

58d

Price / ft²

$1,363

List price

$1.50M

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 2-bed single family in Toronto (Forest Hill South) has been listed for 19 days, which is 39 days fresher than the city average of 58. Act while there is still low competition.

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Listed by SUTTON GROUP-ADMIRAL REALTY INC. · HAIM HARTMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5P)

This home lists at $1,499,000, about 15.1× the local median household income of $99,000.

Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 196% above the area median.

Median household income: $99,000
Population: 19,791
Median age: 43.2
Owner / renter: 39% / 61%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M5P)

$1,499,000· $1,363/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,900.00

Min 8.33%50%

Mortgage payment$7,618/mo

↳ CMHC premium ($54,964 capitalized)

Property tax (est.)$385/mo

Condo fee$2,282/mo

Total monthly$10,285

Cash Needed to Close

Down payment (8.33%)$124,900

Land transfer tax$52,910

Est. closing costs$6,997

Total cash needed$184,807

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