$479,000

For saleJust listed

#501 360 Ridelle Avenue, Toronto (Briar Hill-Belgravia) - Single Family for Sale

#501 360 Ridelle Avenue, Toronto (Briar Hill-Belgravia), Ontario, M6B1K1

2 beds1 bath1 parking1,100 ft²$983/mo condo feeListed Today

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $479,000, it is attractively priced about 26% below the $645,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 59 days.

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Description

Bright & Spacious Two-Bedroom Suite In A Desirable neighbourhood offering exceptional convenience and comfort! Priced to Sell And Move-In Ready, This Refreshed Condo Features An Updated Kitchen With Quartz Countertops And Custom Backsplash, Along with Brand-New Modern Flooring Throughout. Large living and dining area with walkout to a spacious balcony with incredible views. The Spacious Primary Bedroom Offers A Walk-In Closet, A Rare And Desirable Feature not found In Many Condo Buildings. Enjoy Exceptional Value With Maintenance Fees Including Heat, Hydro, Water, Cable TV And High-Speed Internet. Excellent Building Amenities Include A Top Floor Indoor Swimming Pool, Sauna, Rooftop Terrace, Library And Fitness Facilities. Conveniently Located Near Parks, Schools, Local Shops And Public Transit, With Glencairn Subway Station Just A 5-Minute Walk Away. An Excellent Opportunity For First-Time Buyers, Downsizers Or Investors. (id:66096)

Property Details

MLS®: W14155646
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: Garage, Underground
Condo Fee: $983/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,117.77/yr
Listed: Today

Rooms

Flat

Living room: 3.29 x 2.35 meters
Kitchen: 3.29 x 2.35 meters
Primary Bedroom: 5.12 x 3.61 meters
Bedroom: 3.69 x 3.25 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Range, Microwave
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Briar Hill-Belgravia) listings, avg age

59d

Price / ft²

$436

List price

$479K

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 (Briar Hill-Belgravia) has been listed for 0 days, which is 59 days fresher than the city average of 59. Act while there is still low competition.

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Listed by HOMELIFE EXCELSIOR REALTY INC. · FRANK LIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6B)

This home lists at $479,000, about 5.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $93,565 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.

Median household income: $86,000
Population: 28,534
Median age: 42
Owner / renter: 50% / 50%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M6B)

$479,000· $436/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,950

Min 5%50%

Mortgage payment$2,523/mo

↳ CMHC premium ($18,202 capitalized)

Property tax (est.)$176/mo

Condo fee$983/mo

Total monthly$3,682

Cash Needed to Close

Down payment (5%)$23,950

Land transfer tax$12,110

Est. closing costs$3,937

Total cash needed$39,997

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