$1,690,000

For saleJust listed

#506 38 Avenue Road, Toronto (Annex) - Single Family for Sale

#506 38 Avenue Road, Toronto (Annex), Ontario, M5R2G2

2 beds2 baths1 parking1,300 ft²$1,903/mo condo feeListed Today

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 58 days.

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Description

The Prestigious Prince Arthur, An Iconic Address In The Heart Of Yorkville. This Beautifully Appointed South-Facing Residence Offers 1,210 Sq Ft Of Elegant Living Space, Featuring A Spacious Two-Bedroom, Two-Bathroom Layout With Generously Proportioned Principal Rooms. Bathed In Natural Sunlight, The Suite Showcases A Bright And Inviting Living And Dining Area, Perfect For Both Everyday Living And Entertaining. The Well-Designed Kitchen Offers Ample Storage And Functionality, While The Spacious Primary Retreat Provides A Private Sanctuary. Enjoy Refined Condo Living In One Of Yorkville's Most Sought-After Buildings, Renowned For Its Exceptional Service, 24-Hour Concierge And Valet, State-Of-The-Art Fitness Centre, Elegant Party Rooms And Outstanding Amenities. Steps To Toronto's Finest Shopping, Dining, Whole Foods, The ROM And University Of Toronto. Experience The Best Of Luxury Living At The Prince Arthur. (id:66096)

Property Details

MLS®: C14158190
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $1,903/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,281.24/yr

Rooms

Ground level

Living room: 8.23 x 3.66 meters
Dining room: 8.23 x 3.66 meters
Kitchen: 2.44 x 2.44 meters
Primary Bedroom: 4.88 x 3.35 meters
Bedroom 2: 5.26 x 3.12 meters
Foyer: 3.08 x 1.31 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, Microwave, Window Coverings
Flooring: Hardwood, Slate, Marble
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,301

List price

$1.69M

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 (Annex) has been listed for 0 days, which is 58 days fresher than the city average of 58. Act while there is still low competition.

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Listed by RE/MAX CONDOS PLUS CORPORATION · ROD LIMOOCHI TRAJI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $1,690,000, about 19.7× the local median household income of $86,000.

Carrying it typically needs a household income of about $330,116 (20% down, 25-yr amortization, stress-tested) — roughly 284% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$1,690,000· $1,301/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $338,000

Min 20%50%

Mortgage payment$7,207/mo

Property tax (est.)$357/mo

Condo fee$1,903/mo

Total monthly$9,467

Cash Needed to Close

Down payment (20%)$338,000

Land transfer tax$60,550

Est. closing costs$7,570

Total cash needed$406,120

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