$519,999

For sale

#507 60 Fairfax Crescent, Toronto (Clairlea-Birchmount) - Single Family for Sale

#507 60 Fairfax Crescent, Toronto (Clairlea-Birchmount), Ontario, M1L0E1

2 beds2 baths1 parking850 ft²$740/mo condo feeListed 35 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $519,999 asking price sits right in line with the $514,900 median in Toronto. It has been on the market 35 days, fresher than the Toronto average of 42 days.

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Description

Welcome to Wilshire on the Green! Bright and spacious east-facing 2-bedroom, 2-bathroom suite offering 817 sq. ft. of well-designed living space, plus an open balcony, owned locker and parking. Enjoy beautiful morning light, laminate flooring throughout, ensuite laundry, and amodern kitchen with stainless steel appliances. The functional layout features generous living and dining areas, two well-proportioned bedrooms and two full bathrooms-offering plenty of space for comfortable everyday living. A standout bonus is owned parking spot #1, exceptionally well located right by the building entrance for quick and convenient access. The building also offers plenty of visitor parking, making it easy to welcome family and friends. Residents enjoy excellent amenities including a fitness centre, rooftop terrace and partyrooms. Conveniently located close to Warden Subway Station, shopping, parks, schools and everyday amenities, with easy access to major routes. A fantastic opportunity for first-time buyers, downsizers or anyone looking for a spacious and functional 2-bedroom condo in a convenient, well-connected Toronto neighbourhood. (id:66096)

Property Details

MLS®: E13855634
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $740/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,486.09/yr
Listed: 35 days ago

Rooms

Main level

Kitchen: 3.2 x 3.05 meters
Living room: 4.32 x 2.9 meters
Dining room: 4.33 x 2.89 meters
Primary Bedroom: 3.81 x 2.77 meters
Bedroom 2: 3.56 x 2.92 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, Range, Dryer, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Toronto (Clairlea-Birchmount) listings, avg age

42d

Price / ft²

$612

List price

$520K

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 (Clairlea-Birchmount) has been listed for 35 days, which is 7 days fresher than the city average of 42. Act while there is still low competition.

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Listed by SAGE REAL ESTATE LIMITED · GRACE ZEREN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1L)

This home lists at $519,999, about 6.7× the local median household income of $78,000.

Carrying it typically needs a household income of about $101,574 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.

Median household income: $78,000
Population: 35,833
Median age: 38.8
Owner / renter: 51% / 49%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1L)

$519,999· $612/ft²

For sale

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Full Cost Breakdown

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Down Payment5.19% · $26,999.90

Min 5.19%50%

Mortgage payment$2,733/mo

↳ CMHC premium ($19,720 capitalized)

Property tax (est.)$207/mo

Condo fee$740/mo

Total monthly$3,680

Cash Needed to Close

Down payment (5.19%)$27,000

Land transfer tax$13,750

Est. closing costs$4,060

Total cash needed$44,810

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