$319,000

For saleJust listed

#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 Today

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $319,000, it is attractively priced about 36% below the $499,900 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 59 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®: W14151498
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: Today

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

Toronto (West Humber-Clairville) listings, avg age

59d

Price / ft²

$581

List price

$319K

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 0 days, which is 59 days fresher than the city average of 59. 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 $319,000, about 3.8× the local median household income of $85,000.

Carrying it typically needs a household income of about $62,312 (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)

$319,000· $581/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,950

Min 5%50%

Mortgage payment$1,680/mo

↳ CMHC premium ($12,122 capitalized)

Property tax (est.)$196/mo

Condo fee$564/mo

Total monthly$2,440

Cash Needed to Close

Down payment (5%)$15,950

Land transfer tax$6,520

Est. closing costs$3,457

Total cash needed$25,927

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