$499,000

For sale

#501 38 Fontenay Court, Toronto (Edenbridge-Humber Valley) - Single Family for Sale

#501 38 Fontenay Court, Toronto (Edenbridge-Humber Valley), Ontario, M9A5H5

2 beds1 bath1 parking750 ft²$807/mo condo feeListed 10 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $499,000, it is attractively priced about 32% below the $729,000 median asking price in Toronto. It has been on the market 10 days, fresher than the Toronto average of 45 days.

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Description

Welcome to Unit 501 at 38 Fontenay Court, a spacious 1+Den Suite With Balcony, Parking & Locker at The Fountains of Edenbridge! All utilities included in the maintenance fee. Located in Toronto's desirable Edenbridge-Humber Valley neighbourhood. This well-proportioned 1-bedroom-plus-den suite offers approximately 725 sq. ft. of interior living space, complemented by a 105 sq. ft. balcony perfect for entertaining or relaxing. The versatile den provides added flexibility and is currently used as a bedroom but also ideal for a home office, study or additional living space. Includes one parking space and one locker for added convenience and storage. Convenient ensuite laundry. Enjoy the comfort of established condo living with an excellent selection of building amenities, including an indoor swimming pool, fitness centre, sauna, concierge service, party room, guest suites, games room, and visitor parking. Conveniently located near parks including James Gardens, walking trails, shopping, public transit and major roadways, with easy access to destinations throughout Toronto and the GTA. An excellent option for first-time buyers, professionals, investors, or downsizers seeking a well-sized suite in a desirable residential community. Don't miss this opportunity! (id:66096)

Property Details

MLS®: W14120696
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $807/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,079.41/yr
Listed: 10 days ago

Rooms

Main level

Kitchen: 2.7 x 3.5 meters
Dining room: 5.8 x 3.1 meters
Living room: 5.8 x 3.1 meters
Bedroom: 4 x 3.05 meters
Den: 2.35 x 2.7 meters
Foyer: 2.2 x 1.1 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, Blinds, Garage door opener remote(s)
Flooring: Parquet, Carpeted, Ceramic
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

Toronto (Edenbridge-Humber Valley) listings, avg age

45d

Price / ft²

$666

List price

$499K

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 (Edenbridge-Humber Valley) has been listed for 10 days, which is 35 days fresher than the city average of 45. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · FILIPE FERREIRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9A)

This home lists at $499,000, about 5.4× the local median household income of $93,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.

Median household income: $93,000
Population: 36,642
Median age: 43.2
Owner / renter: 51% / 49%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M9A)

$499,000· $666/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$173/mo

Condo fee$807/mo

Total monthly$3,609

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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