$489,000

For sale

#502 1 Pemberton Avenue, Toronto (Newtonbrook East) - Single Family for Sale

#502 1 Pemberton Avenue, Toronto (Newtonbrook East), Ontario, M2M4L9

2 beds1 bath1 parking750 ft²$771/mo condo feeListed 8 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $489,000, it is attractively priced about 13% below the $560,000 median asking price in Toronto. It has been on the market 8 days, fresher than the Toronto average of 67 days.

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Description

Location, Convenience, And Comfortable Living Come Together In This Bright And Spacious Two-Bedroom Corner Unit, Just Steps From Finch Station In The Heart Of North York. This Functional Layout With Northwest Exposure Fills The Unit With Natural Light Throughout The Day. The Generously Sized Primary Bedroom Provides A Comfortable Retreat, While The Sun-Filled Second Bedroom Offers Flexibility For Guests, A Home Office, Or Additional Living Space. Enjoy The Convenience Of Having Transit At Your Doorstep, With Easy Access To Downtown Toronto And Union Station In Roughly 30 Minutes. Surrounded By Restaurants, Shopping, Parks, And All The Amenities North York Has To Offer, This Location Makes Everyday Living A Breeze. Residents Also Enjoy 24-Hour Gatehouse Security For Added Peace Of Mind, Along With Maintenance Fees That Include All Utilities, Making This An Excellent Opportunity For Comfortable, Convenient, And Worry-Free City Living. (id:66096)

Property Details

MLS®: C14121278
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $771/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,448/yr
Listed: 8 days ago

Rooms

Flat

Living room: 5.58 x 3.35 meters
Dining room: 5.58 x 3.35 meters
Kitchen: 2.28 x 2.28 meters
Primary Bedroom: 3.05 x 3.05 meters
Bedroom 2: 3.24 x 2.61 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, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Concrete, Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Newtonbrook East) listings, avg age

67d

Price / ft²

$652

List price

$489K

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 (Newtonbrook East) has been listed for 8 days, which is 59 days fresher than the city average of 67. Act while there is still low competition.

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Listed by BOSLEY REAL ESTATE LTD. · MIKE CRAPPER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $489,000, about 6.0× the local median household income of $81,000.

Carrying it typically needs a household income of about $95,519 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$489,000· $652/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,450

Min 5%50%

Mortgage payment$2,576/mo

↳ CMHC premium ($18,582 capitalized)

Property tax (est.)$204/mo

Condo fee$771/mo

Total monthly$3,551

Cash Needed to Close

Down payment (5%)$24,450

Land transfer tax$12,510

Est. closing costs$3,967

Total cash needed$40,927

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