$530,000

For sale

#608 1470 Midland Avenue, Toronto (Dorset Park) - Single Family for Sale

#608 1470 Midland Avenue, Toronto (Dorset Park), Ontario, M1P3B9

2 beds2 baths1 parking1,100 ft²$847/mo condo feeListed 149 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Its $530,000 asking price sits right in line with the $549,000 median in Toronto.

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Description

Absolutely stunning, newly renovated corner unit at 1470 Midland Avenue, Unit 608! This bright and spacious 2+1 bedroom condo features 2 full bathrooms and floor-to-ceiling windows in the living room that flood the space with natural light. Located in the highly desirable Namar Road area, this sun-filled unit offers both comfort and style. The building boasts 24-hour security, and the maintenance fee includes hydro, heat, water, and access to a full range of amenities: indoor pool, gym, sauna, hot tub, billiards room, library, private courtyard, visitor parking, and more ideal for enjoying the condo lifestyle. A mosque is just a 2-minute walk from the building. A must-see opportunity you won't want to miss! Situated in a vibrant and family-friendly community, this condo is in the heart of Scarborough, close to Midland Subway Station and with TTC access just steps away. Enjoy unmatched convenience with Shoppers Drug Mart, a large plaza, multiple grocery stores, banks, parks, and diverse restaurants right at your doorstep. Plus, it's just a 5-minute drive to Scarborough Town Centre for all your shopping and entertainment needs. Buyer can assume existing tenants or vacant possession can be given. (id:66096)

Property Details

MLS®: E13424674
Property Type: Single Family
Zoning: Res
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $847/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,651/yr

Rooms

Flat

Living room: 5.54 x 3.2 meters
Dining room: 3.3 x 2.12 meters
Kitchen: 4.2 x 2.42 meters
Primary Bedroom: 4.95 x 3 meters
Bedroom 2: 2.72 x 3.6 meters
Den: 3.62 x 1.85 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, Stove, Dryer, Window Coverings
Flooring: Carpeted, Ceramic
Exterior: Concrete, Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

149d

Toronto (Dorset Park) listings, avg age

63d

Price / ft²

$482

List price

$530K

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 (Dorset Park) 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 RE/MAX WEST REALTY INC. · Sharmi Ghosh

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $530,000, about 7.0× the local median household income of $76,000.

Carrying it typically needs a household income of about $103,528 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$530,000· $482/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $28,000.00

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,080 capitalized)

Property tax (est.)$138/mo

Condo fee$847/mo

Total monthly$3,767

Cash Needed to Close

Down payment (5.28%)$28,000

Land transfer tax$14,150

Est. closing costs$4,090

Total cash needed$46,240

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