$549,900

For sale

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#512 859 THE QUEENSWAY, Toronto (Stonegate-Queensway) - Single Family for Sale

#512 859 THE QUEENSWAY, Toronto (Stonegate-Queensway), Ontario, M8Z1N8

1 bed1 bath1 parking condo fee

#108 25 neighbourhood Lane, Toronto (Stonegate-Queensway), Ontario, M8Y0C4

2 bd1 ba1 pk650 ft²+$588/mo

#107 25 neighbourhood Lane, Toronto (Stonegate-Queensway), Ontario, M8Y0C4

3 bd2 ba1 pk850 ft²+$762/mo

#3 64 Old Mill Terrace, Toronto (Stonegate-Queensway), Ontario, M8X1A2

3 bd3 ba2 pk1,500 ft²+$920/mo

Listed by BOSLEY REAL ESTATE LTD.

#2509 10 Park Lawn Road, Toronto (Stonegate-Queensway), Ontario, M8V0H9

For saleJust listed

3 days ago

$695K

#2509 10 Park Lawn Road, Toronto (Stonegate-Queensway), Ontario, M8V0H9

3 bd2 ba1 pk850 ft²+$754/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

Investment analysis

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$549,900

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale. Listed at $549,900, it is attractively priced about 11% below the $614,900 median asking price in Toronto.

Condos for Sale in Toronto →All real estate in Toronto →

Description

ONE BEDROOM PLUS DEN AND PARKING, BEAUTIFUL SOUTH VIEW, STEPS TO TRANSIT, EASY ACCESS TO HIGHWAYS, ONE BUS TO SUBWAY, OPEN CONCEPT, UP GRADED BATHROOM, GYM, OUTDOOR CABANA AND BBQ AREA (id:66096)

Property Details

MLS®: W13167376
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Electric, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $650/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,585/yr
Listed: 166 days ago

Rooms

Flat

Living room: 3.54 x 8.05 meters
Dining room
Kitchen
Den: 3.13 x 2.7 meters
Primary Bedroom: 3.3 x 3.42 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
Flooring: Vinyl
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

166d

Toronto (Stonegate-Queensway) listings, avg age

50d

List price

$550K

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 1-bed single family in Toronto (Stonegate-Queensway) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by OAKWOOD REALTY CORPORATION · SAM TASSONE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Z)

This home lists at $549,900, about 5.0× the local median household income of $111,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $111,000
Population: 19,312
Median age: 40.4
Owner / renter: 80% / 20%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M8Z)

$549,900

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$299/mo

Condo fee$650/mo

Total monthly$3,831

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$14,946

Est. closing costs$4,150

Total cash needed$49,086

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice