$580,000

For sale

#507 1603 Eglinton Avenue West, Toronto (Oakwood Village) - Single Family for Sale

#507 1603 Eglinton Avenue West, Toronto (Oakwood Village), Ontario, M6E0A1

2 beds2 baths1 parking750 ft²$755/mo condo feeListed 58 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $580,000 asking price sits right in line with the $575,000 median in Toronto.

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Description

Sophisticated 2-Bedroom, 2-Bathroom , 1 parking, 1 locker Suite at Empire Midtown! This stunning west-facing unit features $$$$ in premium builder upgrades, enhancing its sleek, modern finishes. Spanning a well layed out floorplan the suite offers flooring throughout, two walkouts to a spacious balcony. The contemporary kitchen is equipped with stainless steel appliances, ample storage in the unit and second bedroom, plus a walk-in closet in the primary suite. Amazing Location! Situated directly across from the Oakwood LRT Station, just an 8-minute walk to the TTC subway, and minutes to Highway 401. Building Amenities: 24-hour concierge, party room with kitchen & dining area, fitness center, two guest suites, bike storage, and an outdoor landscaped terrace with BBQ. Inclusions: Stainless steel fridge, stove, dishwasher, microwave, full-sized washer & dryer, all light fixtures, and window coverings. (id:66096)

Property Details

MLS®: C13757646
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $755/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,076.91/yr
Listed: 58 days ago

Rooms

Flat

Living room: 5.86 x 3.15 meters
Dining room: 5.86 x 3.15 meters
Kitchen
Primary Bedroom: 3.3 x 3.05 meters
Bedroom 2: 3.05 x 2.74 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
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

58d

Toronto (Oakwood Village) listings, avg age

56d

Price / ft²

$774

List price

$580K

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 (Oakwood Village) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE SIGNATURE REALTY · STEFAN RYZWANOWICZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $580,000, about 7.1× the local median household income of $82,000.

Carrying it typically needs a household income of about $113,294 (20% down, 25-yr amortization, stress-tested) — roughly 38% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$580,000· $774/ft²

For sale

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Full Cost Breakdown

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Down Payment5.69% · $33,000

Min 5.69%50%

Mortgage payment$3,033/mo

↳ CMHC premium ($21,880 capitalized)

Property tax (est.)$256/mo

Condo fee$755/mo

Total monthly$4,044

Cash Needed to Close

Down payment (5.69%)$33,000

Land transfer tax$16,150

Est. closing costs$4,240

Total cash needed$53,390

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