$349,900

For sale

#601 840 Queens Plate Drive, Toronto (West Humber-Clairville) - Single Family for Sale

#601 840 Queens Plate Drive, Toronto (West Humber-Clairville), Ontario, M9W0E7

1 bed1 bath1 parking550 ft²$564/mo condo feeListed 34 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $349,900, it is attractively priced about 30% below the $499,900 median asking price in Toronto. It has been on the market 34 days, fresher than the Toronto average of 60 days.

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Description

Welcome to this bright and inviting 1-bedroom, 1-bathroom suite at 840 Queens Plate Dr, Unit 601! Featuring a functional layout, a generously sized kitchen with extended cabinetry, stainless steel appliances, and excellent storage. Enjoy a spacious bathroom, private balcony, 1 parking space combined with 1 locker - everything you need for comfortable, convenient living. Situated in a highly connected location with easy access to Hwy 401, Hwy 427 & Hwy 409, making commuting across the GTA a breeze. Close to Woodbine Casino, Guelph Humber, Etobicoke General Hospital, shopping, restaurants, parks, conservation area and schools. Whether you're a first time buyer, professional, downsizer or investor, this is an opportunity to own in a location that offers space, convenience and connectivity. Don't miss your opportunity to see this one! (id:66096)

Property Details

MLS®: W13851422
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $564/mo
Fee Includes: Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,355.65/yr
Listed: 34 days ago

Rooms

Main level

Living room: 5.49 x 3.17 meters
Dining room: 5.49 x 3.17 meters
Kitchen: 2.44 x 2.44 meters
Primary Bedroom: 3.05 x 3.05 meters
Bathroom

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, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Ravine, Conservation/green belt, Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Toronto (West Humber-Clairville) listings, avg age

60d

Price / ft²

$637

List price

$350K

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 (West Humber-Clairville) has been listed for 34 days, which is 26 days fresher than the city average of 60. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · NAJIB MAJIDZADEH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9W)

This home lists at $349,900, about 4.1× the local median household income of $85,000.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $85,000
Population: 40,977
Median age: 38.8
Owner / renter: 58% / 42%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M9W)

$349,900· $637/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$196/mo

Condo fee$564/mo

Total monthly$2,603

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$7,447

Est. closing costs$3,550

Total cash needed$28,492

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