$438,800

For sale

#601 1603 Eglinton Avenue West, Toronto (Oakwood Village) - Single Family for Sale

#601 1603 Eglinton Avenue West, Toronto (Oakwood Village), Ontario, M6E0A1

1 bed1 bath0 parking650 ft²$538/mo condo feeListed 14 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $438,800, it is attractively priced about 20% below the $549,000 median asking price in Toronto. It has been on the market 14 days, fresher than the Toronto average of 58 days.

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Description

Welcome to Empire Midtown, a chic 5-year-old condo residence in the vibrant heart of Eglinton Avenue West. This spacious, pristine 609 sq. ft. unit (per builder's plan) features a well-designed layout with laminate flooring, granite countertops, and an expansive 106 sq. ft. open east-south east exposure balcony offering unobstructed city views. One storage locker is included. Ideally situated directly at the Eglinton Crosstown LRT line and directly acroos street from Eglinton ave w station. TTC right at your doorstep and short walk to Eglinton Ave West Subway Station. Building amenities include a concierge, fitness and yoga studios, a cozy party room with a fireplace, meeting facilities, two guest suites, and an outdoor terrace with BBQs. Located steps from Forest Hill, Allen Road, Hwy 400/401/427/Airport, local parks, schools, places of worship, and a rich selection of boutique shops, dining, and grocery stores. (id:66096)

Property Details

MLS®: C14099830
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $538/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $2,263.57/yr
Listed: 14 days ago

Rooms

Flat

Foyer: 4.44 x 1.75 meters
Kitchen: 3.13 x 3.12 meters
Living room: 3.97 x 3.13 meters
Bedroom: 3.53 x 3.06 meters
Laundry room: 1.13 x 1.01 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: Laminate, Carpeted, Ceramic
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Toronto (Oakwood Village) listings, avg age

58d

Price / ft²

$676

List price

$439K

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 (Oakwood Village) has been listed for 14 days, which is 44 days fresher than the city average of 58. Act while there is still low competition.

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Listed by ROYAL LEPAGE SECURITY REAL ESTATE · ROBERT MIRABELLI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $438,800, about 5.4× the local median household income of $82,000.

Carrying it typically needs a household income of about $85,713 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$438,800· $676/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,940

Min 5%50%

Mortgage payment$2,311/mo

↳ CMHC premium ($16,674 capitalized)

Property tax (est.)$189/mo

Condo fee$538/mo

Total monthly$3,037

Cash Needed to Close

Down payment (5%)$21,940

Land transfer tax$10,502

Est. closing costs$3,816

Total cash needed$36,258

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