$699,000

For sale

#412 377 Madison Avenue, Toronto (Casa Loma) - Single Family for Sale

#412 377 Madison Avenue, Toronto (Casa Loma), Ontario, M4V3E1

2 beds2 baths1 parking750 ft²$820/mo condo feeListed 8 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 48 days.

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Description

Stylish South Hill Suite. Welcome to this thoughtfully designed 2-Bedroom, 2-Bathroom suite offering abundant in-suite storage and upgrades throughout. Designer kitchen features Carrara Marble countertops and backsplash, high-gloss cabinetry with soft-close drawers and a custom island with built-in dining table for four. Rich Sumo Antique Engineered Hardwood Flooring runs throughout the Living Room and Bedrooms. Primary Bedroom includes a wall-to-wall closet with built-ins and an upgraded 3-piece ensuite. The spacious and versatile 2nd bedroom offers flexibility to fit your lifestyle needs. The main 4-piece bathroom is conveniently located just across from the 2nd bedroom. Enjoy beautiful northern views of the treetops and the iconic Casa Loma turret from every window. The unit comes with a combined parking spot and private storage locker conveniently located just steps from the elevator lobby. The building offers 24 hour concierge service, gym, steam room, party room, media lounge and pet spa. Located in the desirable Brown Jr PS district. Mere steps to Dupont Station and an easy walk to local parks, green spaces and the vibrant shops and restaurants of the Annex and Yorkville. (id:66096)

Property Details

MLS®: C14127468
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $820/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,243.23/yr
Listed: 8 days ago

Rooms

Flat

Living room: 4.15 x 3.07 meters
Kitchen: 3.33 x 3.39 meters
Primary Bedroom: 4.06 x 3.07 meters
Bedroom 2: 2.52 x 3.32 meters
Foyer: 3.52 x 1.73 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, Oven, Dryer, Microwave, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Casa Loma) listings, avg age

48d

Price / ft²

$933

List price

$699K

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 (Casa Loma) has been listed for 8 days, which is 40 days fresher than the city average of 48. Act while there is still low competition.

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Listed by RE/MAX PRIME PROPERTIES - UNIQUE GROUP · TRACY LYNNE QUICK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4V)

This home lists at $699,000, about 7.1× the local median household income of $99,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 38% above the area median.

Median household income: $99,000
Population: 19,273
Median age: 45.2
Owner / renter: 44% / 56%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4V)

$699,000· $933/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$354/mo

Condo fee$820/mo

Total monthly$4,800

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$20,910

Est. closing costs$4,597

Total cash needed$70,407

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