$559,000

For sale

#414 8 Fieldway Road, Toronto (Islington-City Centre West) - Single Family for Sale

#414 8 Fieldway Road, Toronto (Islington-City Centre West), Ontario, M8Z3L1

2 beds1 bath1 parking650 ft²$840/mo condo feeListed 46 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 46 days, fresher than the Toronto average of 56 days.

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Description

1+Den | 2 Lockers | Covered Parking | Large Private Terrace | Steps to Islington Subway Station - This spacious one-bedroom plus den suite offers a desirable combination of generous interior living space and exceptional outdoor space in a six-storey boutique condominium beside a quiet neighbourhood park. The large private terrace provides a generous extension of the living space, ideal for morning coffee, outdoor dining, relaxing or entertaining. The thoughtfully designed interior is complemented by one covered parking space and two lockers-one indoor and one outdoor. The outdoor locker is conveniently located directly in front of the parking space for easy access and additional storage. Ideally located steps from Islington Subway Station, with Bloor Street shops, cafes, restaurants and everyday conveniences all within easy walking distance. Residents also enjoy a beautifully landscaped garden patio with BBQ facilities, plus a gym and party room conveniently located on the same level as the suite. A well-appointed condominium offering exceptional private outdoor space, valuable additional storage, covered parking and excellent transit access in a quiet west-end setting. (id:66096)

Property Details

MLS®: W13809196
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $840/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,731.63/yr
Listed: 46 days ago

Rooms

Main level

Dining room: 4.53 x 3 meters
Living room: 4.53 x 3 meters
Other: 6.16 x 1.49 meters
Den: 2.73 x 2.39 meters
Primary Bedroom: 3.74 x 3.05 meters
Kitchen: 5.1 x 3.77 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, Dryer, Hood Fan
Flooring: Laminate
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Toronto (Islington-City Centre West) listings, avg age

56d

Price / ft²

$861

List price

$559K

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 (Islington-City Centre West) has been listed for 46 days, which is 10 days fresher than the city average of 56. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · KELLY JACK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Z)

This home lists at $559,000, about 5.0× the local median household income of $111,000.

Carrying it typically needs a household income of about $109,192 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $111,000
Population: 19,312
Median age: 40.4
Owner / renter: 80% / 20%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M8Z)

$559,000· $861/ft²

For sale

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Full Cost Breakdown

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Down Payment5.53% · $30,900

Min 5.53%50%

Mortgage payment$2,928/mo

↳ CMHC premium ($21,124 capitalized)

Property tax (est.)$228/mo

Condo fee$840/mo

Total monthly$3,995

Cash Needed to Close

Down payment (5.53%)$30,900

Land transfer tax$15,310

Est. closing costs$4,177

Total cash needed$50,387

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