$429,000

For sale

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#411 7 Broadway Avenue, Toronto (Mount Pleasant West) - Single Family for Sale

#411 7 Broadway Avenue, Toronto (Mount Pleasant West), Ontario, M4P3C5

1 bed1 bath parking

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#3112 2191 Yonge Street, Toronto (Mount Pleasant West), Ontario, M4S3H8

For saleJust listed

Yesterday

$535K

#3112 2191 Yonge Street, Toronto (Mount Pleasant West), Ontario, M4S3H8

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Listed by RE/MAX EXCEL REALTY LTD.

Investment analysis

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$429,000

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $429,000, it is attractively priced about 28% below the $595,000 median asking price in Toronto. It has been on the market 30 days, fresher than the Toronto average of 46 days.

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

Description

This one bedroom one bathroom condo is located in a very well cared for building in the vibrant Yonge/Eglinton neighbourhood. Walk to the Yonge Eglinton subway and the new Eglinton LRT in just 8 minutes or less. A small boutique building offers you limited elevator waiting, 24/7 concierge and security, bike storage, fitness and games amenities, rooftop patio with BBQ's . Your suite provides comfortable kitchen area with vinyl flooring, pot lights and a pass-thru window into the dining area. A generous open concept living and dining room has an east facing picture window providing lots of natural light, overlooking clear park space. Your suite has a very generous sized primary bedroom with double closet and large picture window. Ensuite laundry and a 4 piece bathroom complete the interior space. Just minutes away are top rated schools, restaurants, cafes, fitness studios and theatres. Parking is available for a monthly fee of approx. $205.00. Buyer and Buyers agent to confirm monthly pkg charge. Parking has direct elevator access into 7 Broadway Ave. This unit provides one of Yonge Eglinton's best ownership values available, along with one of TO's best connectivity, entertainment and public transportation city options. (id:66096)

Property Details

MLS®: C13872102
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $800/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,466/yr
Listed: 30 days ago

Market Timing

Days on market

30d

Toronto (Mount Pleasant West) listings, avg age

46d

Price / ft²

$661

List price

$429K

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 (M4P)

This home lists at $429,000, about 5.8× the local median household income of $74,500.

Carrying it typically needs a household income of about $83,799 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.

Median household income: $74,500
Population: 25,057
Median age: 36.8
Owner / renter: 26% / 75%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M4P)

$429,000· $661/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,450

Min 5%50%

Mortgage payment$2,260/mo

↳ CMHC premium ($16,302 capitalized)

Property tax (est.)$122/mo

Condo fee$800/mo

Total monthly$3,182

Cash Needed to Close

Down payment (5%)$21,450

Land transfer tax$10,110

Est. closing costs$3,787

Total cash needed$35,347

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

#411 7 Broadway Avenue, Toronto (Mount Pleasant West) - Single Family for Sale

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