$399,000

For sale

#520 50 Thomas Riley Road, Toronto (Islington-City Centre West) - Single Family for Sale

#520 50 Thomas Riley Road, Toronto (Islington-City Centre West), Ontario, M9B0C5

2 beds1 bath1 parking650 ft²$623/mo condo feeListed 19 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $399,000, it is attractively priced about 23% below the $519,000 median asking price in Toronto. It has been on the market 19 days, fresher than the Toronto average of 57 days.

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Description

Experience Modern Condo Living At Cypress At Pinnacle Etobicoke! This Bright And Stylish 1 Bedroom + Den Suite Offers 626 Sq.Ft. Of Thoughtfully Designed Living Space, Featuring An Open-Concept Layout And Floor-To-Ceiling Windows That Fill The Home With Natural Light. The Contemporary Kitchen Boasts Stainless Steel Appliances, Modern Cabinetry, And A Breakfast Bar, Seamlessly Connecting To The Living And Dining Area-Perfect For Everyday Living And Entertaining. The Versatile Den 9'3"X7'3" Is Ideal For A Home Office, Dining Area, Or Additional Living Space. Step Out Onto Your Private Balcony To Enjoy Your Morning Coffee Or Unwind After A Long Day. Enjoy Exceptional Building Amenities, Including A Fully Equipped Fitness Centre, Yoga Studio, Party Room, Rooftop Terrace With BBQs, And Concierge Service. Unbeatable Location Just Minutes To Kipling And Islington Subway Stations And GO Transit, With Convenient Access To Highways 427, QEW, And 401. Close To Shopping, Restaurants, Parks, And Everyday Conveniences. Includes 1 Parking Space And 1 Locker. Unlimited High-Speed Internet Included In Maintenance Fees! An Outstanding Opportunity For First-Time Buyers, Downsizers, And Investors To Own In One Of Etobicoke's Desirable Condominium Communities. Don't Miss Out! (id:66096)

Property Details

MLS®: W14087920
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: Garage, Underground
Condo Fee: $623/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,355.65/yr
Listed: 19 days ago

Rooms

Flat

Living room: 5.26 x 3.12 meters
Kitchen: 2.44 x 2.44 meters
Dining room: 5.26 x 3.12 meters
Primary Bedroom: 3.28 x 3.05 meters
Den: 2.82 x 2.21 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, Oven, Dryer, Microwave, Hood Fan
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Toronto (Islington-City Centre West) listings, avg age

57d

Price / ft²

$614

List price

$399K

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 (Islington-City Centre West) has been listed for 19 days, which is 38 days fresher than the city average of 57. Act while there is still low competition.

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Listed by EXP REALTY · KEVIN LIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9B)

This home lists at $399,000, about 3.7× the local median household income of $108,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $108,000
Population: 33,236
Median age: 42
Owner / renter: 74% / 26%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M9B)

$399,000· $614/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$196/mo

Condo fee$623/mo

Total monthly$2,921

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$8,920

Est. closing costs$3,697

Total cash needed$32,567

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