$500,000

For sale

#411 3845 Lake Shore Boulevard West, Toronto (Long Branch) - Single Family for Sale

#411 3845 Lake Shore Boulevard West, Toronto (Long Branch), Ontario, M8W4Y3

3 beds2 baths1 parking1,100 ft²$1,053/mo condo feeListed 62 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $500,000, it is attractively priced about 36% below the $777,777 median asking price in Toronto.

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Description

Unbelievable value in this large, 3 bdrm corner unit! Condo Fees include all utilities except wifi. Bright living room/dining room area with door to balcony. Kitchen has pass through to dining area and rough-in for built-in dishwasher. Main bathroom was walkin tub/shower. Large Primary bedroom includes a 2 pc ensuite and 2nd walkout to balcony! Other 2 bdrms can hold a queen bed! Ensuite Laundry! Building also has EV Charging Stations! Convenient location, steps to Long Branch Go Station, Street Car Terminal, parks and access to QEW and Highway 427 for easy commute. This unit is perfect for 1st time buyers, retirees, or investors! (id:66096)

Property Details

MLS®: W13748688
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,053/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,239.64/yr
Listed: 62 days ago

Rooms

Main level

Living room: 6.1 x 4.1 meters
Dining room: 3.5 x 2.8 meters
Kitchen: 4.1 x 2.5 meters
Primary Bedroom: 4.3 x 3.3 meters
Bedroom: 4.1 x 3.5 meters
Bedroom: 4.3 x 2.8 meters
Bathroom
Bathroom

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Toronto (Long Branch) listings, avg age

33d

Price / ft²

$455

List price

$500K

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 3-bed single family in Toronto (Long Branch) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Century 21 Miller Real Estate Ltd. · MARY-KAY MCCOY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8W)

This home lists at $500,000, about 5.3× the local median household income of $95,000.

Carrying it typically needs a household income of about $97,668 (20% down, 25-yr amortization, stress-tested) — roughly 3% above the area median.

Median household income: $95,000
Population: 22,381
Median age: 41.6
Owner / renter: 65% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M8W)

$500,000· $455/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $25,000

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($19,000 capitalized)

Property tax (est.)$187/mo

Condo fee$1,053/mo

Total monthly$3,873

Cash Needed to Close

Down payment (5%)$25,000

Land transfer tax$12,950

Est. closing costs$4,000

Total cash needed$41,950

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