$598,800

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#608 1100 Sheppard Avenue, Toronto (York University Heights) - Single Family for Sale

#608 1100 Sheppard Avenue, Toronto (York University Heights), Ontario, M3K0E4

2 beds2 baths1 parking$660/mo condo feeListed 185 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale.

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Description

An irreplaceable investment opportunity, Don't let it slip away!! This apartment is for sale for more than 330K less than the original cost paid by the seller. You can take possession vacant or assume the excellent tenant who pays $2850/month + utilities. This 2 bed with 2 bath & 1 parking with 1 locker situated in one of Toronto's most convenient locations. Open concept layout, elegant laminate floor and modern kitchen, with beautiful counter top and finishes. Bright, floor to ceiling windows natural light, 12000 sq ft of amenities, fitness center, meeting room, indoor basketball court, pet spa, rooftop with terrace and more. Close to Highway 401 West subway station, Go transit, shopping center, Costco, Yorkdale Mall, Downsview park, York University, 24 hours concierge, child's playroom, entertainment lounge with games. (id:66096)

Property Details

MLS®: W13081460
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $660/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,759.96/yr
Listed: 185 days ago

Rooms

Main level

Living room: 6.75 x 3.17 meters
Dining room: 6.75 x 3.17 meters
Kitchen: 3.17 x 2 meters
Primary Bedroom: 3.17 x 2.96 meters
Bedroom 2: 3 x 2.7 meters

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

Features

Appliances: Oven - Built-In, Blinds
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

185d

Toronto (York University Heights) listings, avg age

65d

List price

$599K

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 (York University Heights) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by KINGSWAY REAL ESTATE · JOE KAWALIT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3K)

This home lists at $598,800, about 6.8× the local median household income of $88,000.

Carrying it typically needs a household income of about $116,967 (20% down, 25-yr amortization, stress-tested) — roughly 33% above the area median.

Median household income: $88,000
Population: 7,865
Median age: 38.8
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3K)

$598,800

For sale

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Full Cost Breakdown

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Down Payment5.82% · $34,880

Min 5.82%50%

Mortgage payment$3,126/mo

↳ CMHC premium ($22,557 capitalized)

Property tax (est.)$230/mo

Condo fee$660/mo

Total monthly$4,017

Cash Needed to Close

Down payment (5.82%)$34,880

Land transfer tax$16,902

Est. closing costs$4,296

Total cash needed$56,078

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#608 1100 Sheppard Avenue, Toronto (York University Heights) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M3K)

Book a showing

Full Cost Breakdown