$345,000

For sale

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#410 5 San Romanoway, Toronto (Black Creek) - Single Family for Sale

#410 5 San Romanoway, Toronto (Black Creek), Ontario, M3N2Y4

1 bed1 bath1 parking ft²

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Listed by RE/MAX EXPERTS

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Listed by RE/MAX PREMIER INC.

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Listed by HOMELIFE KINGSVIEW REAL ESTATE INC.

Investment analysis

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$345,000

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $345,000 asking price sits right in line with the $349,900 median in Toronto. It has been on the market 27 days, fresher than the Toronto average of 56 days.

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Description

Very Spacious 1 bedroom, 1 bathroom unit with a large living room great for entertaining. Walk out from dining to large balcony with south west views. Kitchen with lots of cabinet space and full size appliances. Ensuite laundry in unit. Water and cable included in maintenance fee! Two shopping centers across the street: FreshCo, Shoppers Drug Mart, No-frills, Planet Fitness. Perfectly located near upcoming TTC subway station at Keele and Finch. Easy access to TTC routes that run 24hrs. Minutes from York University, Hwy 400, Hwy 407, public and catholic schools and much more. Great opportunity to own and add your special touch! (id:66096)

Property Details

MLS®: W13879828
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: None
Garage: Garage, Underground
Condo Fee: $637/mo
Fee Includes: Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $882.41/yr
Listed: 27 days ago

Market Timing

Days on market

27d

Toronto (Black Creek) listings, avg age

56d

Price / ft²

$406

List price

$345K

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 (M3N)

This home lists at $345,000, about 5.2× the local median household income of $66,500.

Carrying it typically needs a household income of about $67,391 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.

Median household income: $66,500
Population: 40,846
Median age: 38
Owner / renter: 37% / 63%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA M3N)

$345,000· $406/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,250

Min 5%50%

Mortgage payment$1,817/mo

↳ CMHC premium ($13,110 capitalized)

Property tax (est.)$74/mo

Condo fee$637/mo

Total monthly$2,527

Cash Needed to Close

Down payment (5%)$17,250

Land transfer tax$7,300

Est. closing costs$3,535

Total cash needed$28,085

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

#410 5 San Romanoway, Toronto (Black Creek) - Single Family for Sale

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Neighbourhood profile (M3N)

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