$450,000

For saleJust listed

#525 1700 Eglinton Avenue East, Toronto (Victoria Village) - Single Family for Sale

#525 1700 Eglinton Avenue East, Toronto (Victoria Village), Ontario, M4A2X4

2 beds2 baths2 parking950 ft²$1,284/mo condo feeListed 7 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $450,000, it is attractively priced about 25% below the $599,900 median asking price in Toronto. It has been on the market 7 days, fresher than the Toronto average of 50 days.

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Description

Approx. 960 sq. ft. of comfortable living space in a wonderful, established neighbourhood! This bright and spacious suite features two generous bedrooms with large closets, including a primary bedroom with a walk-in closet and 4-piece ensuite. Enjoy a separate eat-in breakfast nook and peaceful north-facing views overlooking a quiet residential neighbourhood. Unbeatable Location! Steps to the Eglinton LRT, with TTC service to Woodbine and Eglinton Stations at your doorstep. Only 5 minutes to the DVP and approximately 15 minutes to downtown Toronto. Close to parks, schools, the local library, and everyday amenities (id:66096)

Property Details

MLS®: C14126184
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,284/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,435/yr
Listed: 7 days ago

Rooms

Main level

Living room: 5.49 x 4.45 meters

Other

Dining room: 5.49 x 4.45 meters
Kitchen: 3.23 x 3.04 meters
Primary Bedroom: 3.96 x 3.65 meters
Bedroom 2: 4.85 x 2.79 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Victoria Village) listings, avg age

50d

Price / ft²

$474

List price

$450K

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 (Victoria Village) has been listed for 7 days, which is 43 days fresher than the city average of 50. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · JOHN FERRARA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4A)

This home lists at $450,000, about 6.4× the local median household income of $70,500.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 25% above the area median.

Median household income: $70,500
Population: 14,589
Median age: 44
Owner / renter: 50% / 51%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4A)

$450,000· $474/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$203/mo

Condo fee$1,284/mo

Total monthly$3,857

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$10,950

Est. closing costs$3,850

Total cash needed$37,300

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