$339,999

For sale

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#506 10 Wilby Crescent, Toronto (Weston) - Single Family for Sale

#506 10 Wilby Crescent, Toronto (Weston), Ontario, M9N0B6

0 beds1 bath0 parking ft²

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Investment analysis

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$339,999

Toronto

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Overview

This 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $339,999, it is attractively priced about 24% below the $449,900 median asking price in Toronto. It has been on the market 63 days, fresher than the Toronto average of 67 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome to Unit 506 at 10 Wilby Cres , a bright and modern bachelor suite offering a smart, functional layout and contemporary finishes. The open-concept kitchen features stainless steel appliances and quartz countertops, while large windows fill the space with natural light. Step outside to your private balcony, perfect for enjoying fresh air and open views.Enjoy excellent building amenities including a fitness centre and party room, plus a convenient location close to shopping, transit, major highways, parks and Humber River trails.An excellent opportunity for first-time buyers, investors or anyone looking for a stylish, low-maintenance home in the city. (id:66096)

Property Details

MLS®: W13738032
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $300/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,526.95/yr
Listed: 63 days ago

Market Timing

Days on market

63d

Toronto (Weston) listings, avg age

67d

Price / ft²

$1,363

List price

$340K

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.

Area context

Neighbourhood profile (M9N)

This home lists at $339,999, about 4.9× the local median household income of $69,500.

Carrying it typically needs a household income of about $66,414 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $69,500
Population: 26,059
Median age: 39.6
Owner / renter: 42% / 58%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M9N)

$339,999· $1,363/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,999.95

Min 5%50%

Mortgage payment$1,791/mo

↳ CMHC premium ($12,920 capitalized)

Property tax (est.)$127/mo

Condo fee$300/mo

Total monthly$2,218

Cash Needed to Close

Down payment (5%)$17,000

Land transfer tax$7,150

Est. closing costs$3,520

Total cash needed$27,670

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#506 10 Wilby Crescent, Toronto (Weston) - Single Family for Sale

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Neighbourhood profile (M9N)

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