$880,000

For sale

#507 5418 Yonge Street, Toronto (Willowdale West) - Single Family for Sale

#507 5418 Yonge Street, Toronto (Willowdale West), Ontario, M2N6X4

4 beds2 baths2 parking1,300 ft²$1,043/mo condo feeListed 71 days ago

Overview

This 4-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 71 days, fresher than the Toronto average of 74 days.

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Description

Luxurious & Prestigious Royal Arms Residence Condo, Built By Tridel *Totally Updated *Bright & Spacious Split Bedrm Layout *Renovated Kit Boosting Stainless Steel Appliances, Granite Counters, Marble B/S & Open Concept *High End Laminate Floors *Modern Baths W/ Frameless Glass Shower *Sep Den Can Be Used As Bedrm *Open Concept Solarium W/Unobstructed West View *Side By Side Parking For 2 Cars (Not Tandem) & 1 Locker Enjoy resort-style living with 24-hour concierge and a grand lobby, an indoor pool, newly renovated hot tub, sauna, and fitness centre, plus a guest suite, party room, car wash, visitor parking, and a peaceful garden patio. Unbeatable location: Steps to the subway, TTC, Metro, shops, library, with easy access to everything you need right at your doorstep*Don't Miss This Rare Opportunity (id:66096)

Property Details

MLS®: C13712686
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,043/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,416.02/yr
Listed: 71 days ago

Rooms

Flat

Solarium: 2.65 x 2.57 meters
Living room: 4.2 x 344 meters
Dining room: 2.83 x 2.75 meters
Kitchen: 3.25 x 3.1 meters
Primary Bedroom: 4.28 x 3.24 meters
Bedroom 2: 3.05 x 2.85 meters
Den: 2.93 x 2.69 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
Flooring: Laminate
Exterior: Concrete
Lot Features: In suite Laundry, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

71d

Toronto (Willowdale West) listings, avg age

74d

Price / ft²

$677

List price

$880K

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 4-bed single family in Toronto (Willowdale West) has been listed for 71 days, which is 3 days fresher than the city average of 74. Act while there is still low competition.

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Listed by RE/MAX CROSSROADS REALTY INC. · MOE FAHRY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $880,000, about 10.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $171,895 (20% down, 25-yr amortization, stress-tested) — roughly 110% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$880,000· $677/ft²

For sale

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Full Cost Breakdown

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Down Payment7.16% · $63,000

Min 7.16%50%

Mortgage payment$4,530/mo

↳ CMHC premium ($32,680 capitalized)

Property tax (est.)$285/mo

Condo fee$1,043/mo

Total monthly$5,857

Cash Needed to Close

Down payment (7.16%)$63,000

Land transfer tax$28,150

Est. closing costs$5,140

Total cash needed$96,290

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