$699,000

For sale

#51 707 Burnhamthorpe Road, Toronto (Markland Wood) - Single Family for Sale

#51 707 Burnhamthorpe Road, Toronto (Markland Wood), Ontario, M9C2Z6

3 beds2 baths1 parking1,300 ft²$670/mo condo feeListed 13 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 13 days, fresher than the Toronto average of 44 days.

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Description

3-bedroom condo townhouse in an unbeatable central Etobicoke location! Freshly painted with new flooring throughout and new kitchen appliances. Three generously sized bedrooms, a convenient main-floor powder room, walkout to a private rear yard and finished rec room. Perfectly suited to first-time buyers, retirees or anyone looking to enjoy the benefits of home ownership without the outdoor work. Located in a quiet, family-friendly complex with plenty of visitor parking. Maintenance fees include lawn care, snow removal, water, parking and a Rogers internet & cable bundle. TTC is at your doorstep, with easy access to Mississauga Transit and City Centre, putting two cities within easy reach. Close to Highways 427 and 401, Pearson Airport, schools and Centennial Park, with Etobicoke Creek ravine trails nearby for walking and cycling. Centennial Park offers pickleball, beach volleyball, sports fields, baseball diamonds, the Etobicoke Olympium, stadium, arena, BMX Centre, conservatory, playgrounds, splash pad, pond, marshlands and picnic areas. Lifestyle and convenience at your doorstep! (id:66096)

Property Details

MLS®: W14105752
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Storeys: 2
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $670/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,238.05/yr

Rooms

Ground level

Living room: 5.56 x 3.3 meters
Dining room: 4.27 x 3.3 meters
Kitchen: 3.28 x 3.23 meters

Second level

Primary Bedroom: 4.83 x 3.2 meters
Bedroom 2: 5.03 x 2.74 meters
Bedroom 3: 3.96 x 2.74 meters

Basement

Recreational, Games room: 5.51 x 3.3 meters
Utility room: 4.57 x 3.35 meters
Laundry room: 5.51 x 3.2 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: Vinyl
Exterior: Brick
Lot Features: Ravine, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (Markland Wood) listings, avg age

44d

Price / ft²

$538

List price

$699K

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 3-bed single family in Toronto (Markland Wood) has been listed for 13 days, which is 31 days fresher than the city average of 44. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · SANDRA SHEFFIELD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9C)

This home lists at $699,000, about 7.4× the local median household income of $95,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 44% above the area median.

Median household income: $95,000
Population: 38,725
Median age: 45.6
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M9C)

$699,000· $538/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$270/mo

Condo fee$670/mo

Total monthly$4,566

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$20,910

Est. closing costs$4,597

Total cash needed$70,407

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