$519,900

For sale

#601 7 Broadway Avenue, Toronto (Mount Pleasant West) - Single Family for Sale

#601 7 Broadway Avenue, Toronto (Mount Pleasant West), Ontario, M4P3C5

2 beds2 baths1 parking850 ft²$1,315/mo condo feeListed 17 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $519,900, it is attractively priced about 13% below the $595,000 median asking price in Toronto. It has been on the market 17 days, fresher than the Toronto average of 46 days.

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Description

At the heart of Toronto's vibrant Midtown, just east of Yonge & Eglinton, this sun-filled corner residence at boutique Broadway Plaza offers approximately 820 sq. ft. of thoughtfully designed living space with unobstructed northeast exposures. Featuring 2 bathrooms, an oversized 1-bedroom plus solarium/home office, newer laminate flooring and expansive wall-to-wall windows, the suite offers a bright, sophisticated setting for both everyday living and entertaining.The well-appointed kitchen features a custom backsplash and stainless steel appliances, while the spacious living and dining areas are complemented by a private enclosed balcony. The generous primary bedroom offers a 4-piece ensuite with Jacuzzi tub and walk-in closet. Additional conveniences include a locker on the P3 level and rental parking available nearby.Residents enjoy an impressive collection of amenities, including 24-hour concierge, rooftop garden and BBQ area, indoor pool and Jacuzzi, fitness and games rooms, bicycle storage and more.Ideally positioned just a 3-minute walk to Eglinton Subway Station and the Crosstown LRT, with exceptional access to restaurants, boutiques, grocery stores, cinemas, parks and highly regarded schools. A refined Midtown residence offering outstanding connectivity and an enviable urban lifestyle. (id:66096)

Property Details

MLS®: C14099314
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,315/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,163.82/yr

Rooms

Flat

Foyer: 2.07 x 1.9 meters
Living room: 4.95 x 3.13 meters
Dining room: 5.65 x 2.41 meters
Kitchen: 3.04 x 2.4 meters
Primary Bedroom: 4.95 x 4.1 meters
Den: 3.3 x 1.21 meters

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

Features

Appliances: Refrigerator, Central Vacuum, Range, Microwave, Hood Fan
Flooring: Laminate, Marble
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Toronto (Mount Pleasant West) listings, avg age

46d

Price / ft²

$612

List price

$520K

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 (Mount Pleasant West) has been listed for 17 days, which is 29 days fresher than the city average of 46. Act while there is still low competition.

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Listed by ENGEL & VOLKERS TORONTO CENTRAL · ANITA SPRINGATE-RENAUD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4P)

This home lists at $519,900, about 7.0× the local median household income of $74,500.

Carrying it typically needs a household income of about $101,555 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.

Median household income: $74,500
Population: 25,057
Median age: 36.8
Owner / renter: 26% / 75%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M4P)

$519,900· $612/ft²

For sale

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Full Cost Breakdown

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Down Payment5.19% · $26,990

Min 5.19%50%

Mortgage payment$2,733/mo

↳ CMHC premium ($19,716 capitalized)

Property tax (est.)$180/mo

Condo fee$1,315/mo

Total monthly$4,228

Cash Needed to Close

Down payment (5.19%)$26,990

Land transfer tax$13,746

Est. closing costs$4,060

Total cash needed$44,796

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