$379,000

For sale

#606 797 Don Mills Road, Toronto (Flemingdon Park) - Single Family for Sale

#606 797 Don Mills Road, Toronto (Flemingdon Park), Ontario, M3C1V1

2 beds1 bath1 parking650 ft²$710/mo condo feeListed 27 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $379,000, it is attractively priced about 16% below the $449,900 median asking price in Toronto. It has been on the market 27 days, fresher than the Toronto average of 54 days.

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Description

They don't make condos like this anymore. With 680 square feet of living space and soaring 10 foot ceilings, you won't feel this loft closing in on you the way newer suites often do. This suite features a Juliette balcony as well as an enclosed den/sunroom that makes the perfect work space or maybe even the perfect reading nook, it's up to you! The Tribeca Lofts at 797 Don Mills is the perfect mix of location, location, and location! At the future intersection of the future Ontario Line and the current Eglinton LRT, you can get anywhere you need to in a flash. The Don Valley Parkway is around the corner as well! Groceries are just across the street too! The building is modernizing and applying some upgrades to common elements over the coming weeks and months to serve owners and residents better than ever before. Value is the bottom-line here. You can't find a loft this size at this price everyday, so don't miss this one! Accompanied by a parking spot and locker. (id:66096)

Property Details

MLS®: C13878866
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $710/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,925.95/yr
Listed: 27 days ago

Rooms

Main level

Living room: 11.68 x 11.22 meters
Dining room: 10.04 x 9.05 meters
Kitchen: 9.32 x 10.53 meters
Primary Bedroom: 11.48 x 10.17 meters
Den: 8.23 x 8.1 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, Oven, Dryer, Microwave
Flooring: Hardwood, Carpeted, Ceramic
Exterior: Brick
Lot Features: Ravine

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Flemingdon Park) listings, avg age

54d

Price / ft²

$584

List price

$379K

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 (Flemingdon Park) has been listed for 27 days, which is 27 days fresher than the city average of 54. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · GEOFFREY PATRICK GRACE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3C)

This home lists at $379,000, about 5.1× the local median household income of $74,500.

Carrying it typically needs a household income of about $74,032 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $74,500
Population: 39,616
Median age: 40.4
Owner / renter: 45% / 55%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M3C)

$379,000· $584/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,950

Min 5%50%

Mortgage payment$1,996/mo

↳ CMHC premium ($14,402 capitalized)

Property tax (est.)$160/mo

Condo fee$710/mo

Total monthly$2,867

Cash Needed to Close

Down payment (5%)$18,950

Land transfer tax$8,320

Est. closing costs$3,637

Total cash needed$30,907

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