$2,795,900

For sale

#409 505 Glencairn Avenue, Toronto (Englemount-Lawrence) - Single Family for Sale

#409 505 Glencairn Avenue, Toronto (Englemount-Lawrence), Ontario, M6B0B2

2 beds2 baths1 parking1,700 ft²$1,599/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,700 sq ft of space. It has been on the market 21 days, fresher than the Toronto average of 61 days.

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Description

Welcome to Refined Living at Glenhill Condominiums, an intimate collection of finely crafted residences in the heart of Toronto's Bathurst & Glencairn community. This thoughtfully designed 2 Bedroom suite spans 1,798 sq ft and features a split-bedroom layout for enhanced privacy, an open-concept living and dining area for connection, with additional Sitting Area. Step on to your south east-facing wrap around Terrace with unobstructed sunny south east views, the perfect setting to enjoy a coffee or a quiet gathering. Special Upgrade Package includes: Miele appliances, stone countertops and backsplash, upgraded kitchen cabinetry and bathroom vanity heights, pot lights throughout, wide-plank engineered hardwood floors. Residents enjoy access to Glenhill's wellness inspired amenities: indoor and outdoor pools, fitness and spa facilities, private dining and lounge spaces, concierge service, and beautifully landscaped surroundings. The onsite Glenhill Hotel and event space offers unparalleled hospitality. The location combines convenience and community, steps from shops, restaurants, schools, parks, and the Glencairn subway, with Yorkdale Mall, Highway 401, and the Allen Rd. moments away. (id:66096)

Property Details

MLS®: C14033006
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,700 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,599/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Listed: 21 days ago

Rooms

Flat

Living room: 5.69 x 3.79 meters
Dining room: 9.85 x 5.87 meters
Kitchen: 4.55 x 2.9 meters
Bedroom: 5.48 x 2.97 meters
Bedroom 2: 4.06 x 3.12 meters

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

Features

Appliances: Range, Oven - Built-In
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Toronto (Englemount-Lawrence) listings, avg age

61d

Price / ft²

$1,645

List price

$2.80M

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 (Englemount-Lawrence) has been listed for 21 days, which is 40 days fresher than the city average of 61. Act while there is still low competition.

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Listed by CHESTNUT PARK REAL ESTATE LIMITED · JASON WILSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6B)

This home lists at $2,795,900, about 32.5× the local median household income of $86,000.

Carrying it typically needs a household income of about $546,137 (20% down, 25-yr amortization, stress-tested) — roughly 535% above the area median.

Median household income: $86,000
Population: 28,534
Median age: 42
Owner / renter: 50% / 50%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M6B)

$2,795,900· $1,645/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $559,180

Min 20%50%

Mortgage payment$11,924/mo

Est. property tax$0/mo

Condo fee$1,599/mo

Total monthly$13,523

Cash Needed to Close

Down payment (20%)$559,180

Land transfer tax$112,745

Est. closing costs$10,888

Total cash needed$682,813

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