$1,299,000

For sale

#512 30 Old Mill Road, Toronto (Kingsway South) - Single Family for Sale

#512 30 Old Mill Road, Toronto (Kingsway South), Ontario, M8X0A5

2 beds2 baths1 parking1,300 ft²$1,327/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,299,000, it is attractively priced about 24% below the $1,699,000 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 41 days.

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Description

Welcome to Riverhouse at the Old Mill. This exquisite 2 bedroom, 2 bathroom, 1200sf south facing suite offers an ideal balance of classic elegance and modern convenience. High-end finishes abound including dark wood floors, crown molding and premium stone accents throughout. Gourmet open concept kitchen features sleek granite countertops, breakfast bar and premium appliances- perfect for everyday meals and entertaining. The sun filled living and dining area is flooded with bright southern light and centered around a warm gas fireplace flanked by custom built-ins. Enjoy seamless light control with automated window shades. Primary suite is a serene sanctuary and features a walk in closet, two double closets and automated blackout blinds. The 6 piece spa ensuite boasts his and her vanities and a private water closet. The versatile second bedroom offers direct walk-out access to your private south facing balcony, double closet and manual blackout blinds. Thoughtful upgrades include organization in all closets by California Closets. Large welcoming foyer with spacious double closet. Extras include dedicated parking space and storage locker. Steps to Old Mill subway, walkable to Kingsway & Bloor West Village shops/dining, with easy access to downtown and airports. (id:66096)

Property Details

MLS®: W14033884
Property Type: Single Family
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: $1,327/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $7,588.71/yr
Listed: 21 days ago

Rooms

Flat

Foyer: 3.04 x 1.34 meters
Living room: 4.87 x 4.87 meters
Dining room: 4.87 x 4.87 meters
Kitchen: 4.26 x 3.04 meters
Primary Bedroom: 4.57 x 3.83 meters
Bedroom 2: 3.4 x 2.97 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, Microwave, Oven - Built-In, Window Coverings
Flooring: Tile, Wood
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Toronto (Kingsway South) listings, avg age

41d

Price / ft²

$1,000

List price

$1.30M

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 (Kingsway South) has been listed for 21 days, which is 20 days fresher than the city average of 41. Act while there is still low competition.

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Listed by RE/MAX PROFESSIONALS INC. · JANE MCKAIG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8X)

This home lists at $1,299,000, about 9.3× the local median household income of $139,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 83% above the area median.

Median household income: $139,000
Population: 10,624
Median age: 50.8
Owner / renter: 72% / 28%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M8X)

$1,299,000· $1,000/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$632/mo

Condo fee$1,327/mo

Total monthly$8,579

Cash Needed to Close

Down payment (8.08%)$104,900

Land transfer tax$44,910

Est. closing costs$6,397

Total cash needed$156,207

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