$405,000

For saleJust listed

#504 150 Fairview Mall Drive, Toronto (Don Valley Village) - Single Family for Sale

#504 150 Fairview Mall Drive, Toronto (Don Valley Village), Ontario, M2J0E7

2 beds1 bath1 parking550 ft²$545/mo condo feeListed Today

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $405,000, it is attractively priced about 31% below the $588,800 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 47 days.

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Description

Great location! This spacious 1+1 condo sits right next to Fairview Mall and offers the ultimate urban lifestyle. Enjoy a quick walk to Don Mills subway station, the library, banks, restaurants, a park, and T&T Supermarket- say goodbye to the hassle of finding mall parking. Drivers will love the immediate access to Highways 404, 401, and the DVP. Inside, this beautiful designer suite features an open-concept modern kitchen, stainless steel appliances, quartz counter top, soaring 9-foot ceilings, and stylish white oak laminate flooring throughout. The large size den provides that crucial extra space you need for a home office or guest stay. Lots of excellent building amenities, visitor parking spots, security and concierge. This unit is move-in ready-just turn the key and enjoy! (id:66096)

Property Details

MLS®: C14155524
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $545/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,278.92/yr
Listed: Today

Rooms

Flat

Living room: 4.3 x 2.62 meters
Dining room: 4.97 x 2.62 meters
Kitchen: 4.97 x 2.62 meters
Primary Bedroom: 3.76 x 2.62 meters
Den: 2.69 x 2.26 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, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Don Valley Village) listings, avg age

47d

Price / ft²

$737

List price

$405K

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 (Don Valley Village) has been listed for 0 days, which is 47 days fresher than the city average of 47. Act while there is still low competition.

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Listed by AIMHOME REALTY INC. · PAUL YU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2J)

This home lists at $405,000, about 4.9× the local median household income of $83,000.

Carrying it typically needs a household income of about $79,111 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 61,761
Median age: 38.4
Owner / renter: 51% / 49%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2J)

$405,000· $737/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,250

Min 5%50%

Mortgage payment$2,133/mo

↳ CMHC premium ($15,390 capitalized)

Property tax (est.)$190/mo

Condo fee$545/mo

Total monthly$2,868

Cash Needed to Close

Down payment (5%)$20,250

Land transfer tax$9,150

Est. closing costs$3,715

Total cash needed$33,115

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