$354,900

For sale

#424 816 Lansdowne Avenue, Toronto (Dovercourt-Wallace Emerson-Junction) - Single Family for Sale

#424 816 Lansdowne Avenue, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H4K6

1 bed1 bath0 parking550 ft²$412/mo condo feeListed 8 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 56 days.

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Description

Live large on Lansdowne in this good sized one bedroom suite in the Upside Down Condos. This is a first time buyer's dream. This 11 year old modern mid-rise condo is finished in clean white concrete with glass balcony railings. Located in the Dovercourt | Wallace Emerson-Junction neighbourhood of Toronto is just off the beaten path but within walking distance to the subway and north south buses. This stretch of Lansdowne is undergoing a revival of sorts with cool little restaurants and cafes. Check out Donna's! If going out is not your thing, then there's plenty to do in the building. Check out the comprehensive list of amenities like the Exercise Room, Party and Recreation Room and Sauna. The building has Visitor Parking and a part time Security Guard with an Enter Phone System. Expertly managed by Del Property management. The suite is well maintained and features wood floors and carpeted bedroom, stainless appliances and plenty of closet space. (id:66096)

Property Details

MLS®: W14122576
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $412/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,848/yr
Listed: 8 days ago

Rooms

Flat

Living room: 3.07 x 3.66 meters
Kitchen: 4.03 x 3.47 meters
Bedroom: 3.23 x 3.66 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
Exterior: Concrete
Lot Features: Balcony, Sauna

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Dovercourt-Wallace Emerson-Junction) listings, avg age

56d

Price / ft²

$646

List price

$355K

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 1-bed single family in Toronto (Dovercourt-Wallace Emerson-Junction) has been listed for 8 days, which is 48 days fresher than the city average of 56. Act while there is still low competition.

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Listed by KIC REALTY · BRIAN EDWARD TORRY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6H)

This home lists at $354,900, about 4.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $69,324 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 43,730
Median age: 38.4
Owner / renter: 49% / 52%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6H)

$354,900· $646/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,745

Min 5%50%

Mortgage payment$1,869/mo

↳ CMHC premium ($13,486 capitalized)

Property tax (est.)$154/mo

Condo fee$412/mo

Total monthly$2,435

Cash Needed to Close

Down payment (5%)$17,745

Land transfer tax$7,597

Est. closing costs$3,565

Total cash needed$28,907

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