$449,000

For sale

#501 60 Stevenson Road, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

#501 60 Stevenson Road, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V2B4

3 beds2 baths1 parking1,300 ft²$775/mo condo feeListed 37 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $449,000, it is attractively priced about 8% below the $487,000 median asking price in Toronto. It has been on the market 37 days, fresher than the Toronto average of 64 days.

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Description

Rare Clearance Opportunity! Largest 1,260 Sq.Ft. 3-Bedroom Corner Suite at 60 Stevenson Rd. Offers the footprint of a bungalow with condo convenience. Features a massive open-concept living/dining area, large balcony, king-sized primary bedroom, and 1.5 baths. Steps to Stevenson Station (Line 6 LRT), Humber College, Hospital, and Albion Mall. Perfect 'blank canvas' for investors, flippers, or buyers looking to build instant equity. Select interior photos have been Virtually Decluttered/Staged to showcase the layout potential. Laminate, Kitchen tiles, and cabinets in good condition. Sold strictly 'As-Is'-priced for an immediate sale (id:66096)

Property Details

MLS®: W13842578
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: None
Garage: Garage, Underground
Condo Fee: $775/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,244.25/yr
Listed: 37 days ago

Rooms

Flat

Living room: 6.7 x 3.62 meters
Dining room: 2.92 x 2.74 meters
Kitchen: 3.5 x 2.3 meters
Primary Bedroom: 3.99 x 3.99 meters
Bedroom 2: 3.38 x 3.04 meters
Bedroom 3: 2.77 x 2.77 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, Hood Fan, Window Coverings
Flooring: Laminate, Parquet, Ceramic
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Toronto (Mount Olive-Silverstone-Jamestown) listings, avg age

64d

Price / ft²

$346

List price

$449K

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 3-bed single family in Toronto (Mount Olive-Silverstone-Jamestown) has been listed for 37 days, which is 27 days fresher than the city average of 64. Act while there is still low competition.

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Listed by RE/MAX REALTY SERVICES INC. · ARUAN SIDHAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9V)

This home lists at $449,000, about 5.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $82,000
Population: 53,878
Median age: 37.2
Owner / renter: 54% / 46%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M9V)

$449,000· $346/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$104/mo

Condo fee$775/mo

Total monthly$3,244

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$10,910

Est. closing costs$3,847

Total cash needed$37,207

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