$359,000

For sale

#515 3088 Kennedy Road, Toronto (Steeles) - Single Family for Sale

#515 3088 Kennedy Road, Toronto (Steeles), Ontario, M1V5M4

1 bed1 bath1 parking650 ft²$950/mo condo feeListed 34 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $359,000, it is attractively priced about 20% below the $450,000 median asking price in Toronto. It has been on the market 34 days, fresher than the Toronto average of 39 days.

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Description

Building was constructed by Tridel in 2000, Villa Elegance Designed layout suitable for Senior. All owners have their unit title, Deed Ownership--not a life lease. There are no age restrictions for ownership or residency, it is open for all cultures, everyone is welcome. This spacious sun-filled 1 bedroom with one parking and one locker has a generous size and layout, worry free living in this well-maintained residence. YEE HONG is contracted to provide 24 hrs. on-site attendance. This provides peace of mind to all residents and their family. The maintenance fee is relatively higher than other condo due to the added service by YEE HONG. Conveniently located near shopping, supermarket, plaza, restaurants, parks, Community Centre. TTC. One Bus to Kennedy Subway & Finch Subway. Ideal for seniors seeking Independent living with added comfort and support. Additional Service with Fee such as Homemaking meals, Meals-on Wheels and residents can enjoy activity programs. Amenities include Library, Lounge and Exercise Room. Unit is in very good condition. Don't miss this opportunity, try your offer today. (id:66096)

Property Details

MLS®: E13849554
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $950/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,289.09/yr
Listed: 34 days ago

Rooms

Flat

Living room: 5.43 x 3.23 meters
Dining room
Kitchen: 2.23 x 2.32 meters
Primary Bedroom: 3.81 x 2.96 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, Hood Fan, Blinds
Flooring: Carpeted, Ceramic
Exterior: Brick
Lot Features: Elevator

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Toronto (Steeles) listings, avg age

39d

Price / ft²

$553

List price

$359K

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 (Steeles) has been listed for 34 days, which is 5 days fresher than the city average of 39. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · LIZA TAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1V)

This home lists at $359,000, about 4.4× the local median household income of $82,000.

Carrying it typically needs a household income of about $70,125 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 50,825
Median age: 45.6
Owner / renter: 81% / 19%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1V)

$359,000· $553/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,950

Min 5%50%

Mortgage payment$1,891/mo

↳ CMHC premium ($13,642 capitalized)

Property tax (est.)$107/mo

Condo fee$950/mo

Total monthly$2,949

Cash Needed to Close

Down payment (5%)$17,950

Land transfer tax$7,720

Est. closing costs$3,577

Total cash needed$29,247

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