$519,000

For sale

#512 621 Sheppard Avenue East, Toronto (Bayview Village) - Single Family for Sale

#512 621 Sheppard Avenue East, Toronto (Bayview Village), Ontario, M2K1B5

2 beds1 bath1 parking550 ft²$626/mo condo feeListed 32 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $519,000, it is attractively priced about 13% below the $599,000 median asking price in Toronto. It has been on the market 32 days, fresher than the Toronto average of 50 days.

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Description

Welcome to Vida Condos in the heart of Bayview Village! This smartly designed move-in ready two-bedroom suite offers 557 sq. ft. of interior living space, a private balcony and one underground parking space conveniently located near the elevator lobby. The modern open-concept kitchen flows seamlessly into the living area, where large windows provide warm afternoon natural light and direct access to the balcony. The versatile second bedroom is ideal for sleeping, guests or a dedicated home office. Complete with in-suite laundry and a four-piece bathroom. Enjoy convenient access to Bessarion and Bayview subway stations, Bayview Village Shopping Centre, groceries, restaurants, parks and Highways 401 and 404. Building amenities include concierge service, an exercise room, party and dining rooms, a catering kitchen, games area and outdoor patio. Boutique mid-rise living in one of North York's most convenient neighbourhoods! (id:66096)

Property Details

MLS®: C13860598
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $626/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,647.23/yr
Listed: 32 days ago

Rooms

Flat

Bedroom: 4 x 2.33 meters
Bedroom 2: 2.65 x 2.44 meters
Kitchen: 3.63 x 3.33 meters
Living room: 2.97 x 2.46 meters
Bathroom: 2.27 x 1.47 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, Hood Fan, Window Coverings, Garage door opener remote(s)
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

32d

Toronto (Bayview Village) listings, avg age

50d

Price / ft²

$944

List price

$519K

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 (Bayview Village) has been listed for 32 days, which is 18 days fresher than the city average of 50. Act while there is still low competition.

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Listed by EXP REALTY · Alla Cheung

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $519,000, about 6.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $83,000
Population: 25,377
Median age: 40.4
Owner / renter: 56% / 44%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M2K)

$519,000· $944/ft²

For sale

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Full Cost Breakdown

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Down Payment5.18% · $26,900

Min 5.18%50%

Mortgage payment$2,728/mo

↳ CMHC premium ($19,684 capitalized)

Property tax (est.)$221/mo

Condo fee$626/mo

Total monthly$3,575

Cash Needed to Close

Down payment (5.18%)$26,900

Land transfer tax$13,710

Est. closing costs$4,057

Total cash needed$44,667

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