$499,900

For sale

#601 1470 Midland Avenue, Toronto (Dorset Park) - Single Family for Sale

#601 1470 Midland Avenue, Toronto (Dorset Park), Ontario, M1P4Z4

2 beds2 baths1 parking950 ft²$822/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $499,900, it is attractively priced about 9% below the $549,000 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 63 days.

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

Description

Welcome To Suite 601 At Scarborough Fair, Where Natural Light, A Functional Layout And Everyday Convenience Come Together. This Two-Bedroom, Two-Bathroom Corner Suite Features An Open-Concept Living And Dining Area Framed By Expansive Windows, Creating A Bright, Inviting Setting For Relaxing Or Entertaining. Dark-Toned Flooring And Neutral Walls Offer A Versatile Backdrop For Your Personal Style. The Kitchen Pairs White Cabinetry, Contrasting Countertops And A Hexagon-Tile Backsplash With Stainless Steel Appliances And A Convenient Pass-Through To The Dining Area. A Window-Lined Solarium Provides A Cheerful Spot For Morning Coffee, A Quiet Reading Nook Or Your Favourite Plants. Both Bedrooms Feature Large Windows, While In-Suite Laundry And One Included Parking Space Add Everyday Practicality. Residents Enjoy An Indoor Swimming Pool, Exercise Room, Sauna And Concierge/Security, Offering Plenty Of Ways To Unwind Without Leaving Home. Conveniently Located Near Midland And Lawrence, With TTC Service, Groceries, Shopping And Restaurants Close By, Plus Easy Access To Highway 401 And Scarborough Town Centre. An Excellent Opportunity For First-Time Buyers, Downsizers Or Anyone Looking For A Light-Filled Home In An Established Scarborough Community. Some Photos Have Been Virtually Staged. (id:66096)

Property Details

MLS®: E14086444
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $822/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,710.91/yr
Listed: 21 days ago

Rooms

Main level

Kitchen: 3.59 x 2.39 meters
Solarium: 3.49 x 2.74 meters
Living room: 5.45 x 3.5 meters
Dining room: 5.45 x 3.5 meters
Primary Bedroom: 4.25 x 3.05 meters
Bedroom 2: 3.49 x 2.74 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
Flooring: Laminate, Ceramic
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Toronto (Dorset Park) listings, avg age

63d

Price / ft²

$526

List price

$500K

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 (Dorset Park) has been listed for 21 days, which is 42 days fresher than the city average of 63. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX ULTIMATE REALTY INC. · PETER KIRIAZOPOULOS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $499,900, about 6.6× the local median household income of $76,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 28% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$499,900· $526/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$143/mo

Condo fee$822/mo

Total monthly$3,597

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator