$515,000

For sale

#608 95 Mcmahon Drive, Toronto (Bayview Village) - Single Family for Sale

#608 95 Mcmahon Drive, Toronto (Bayview Village), Ontario, M2K0H2

1 bed1 bath1 parking550 ft²$478/mo condo feeListed 43 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $515,000, it is attractively priced about 14% below the $599,000 median asking price in Toronto. It has been on the market 43 days, fresher than the Toronto average of 50 days.

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Description

Experience elevated urban living at Seasons by Concord, one of North York's most prestigious luxury communities in the heart of Bayview Village! This exceptionally maintained, bright, and functional 1 Bedroom + Den suite features an open-concept layout designed to maximize space and natural light. The versatile den serves as an ideal home office, nursery, or secondary study space. Modern kitchen equipped with high-end built-in appliances, sleek cabinetry, and quartz countertops. Enjoy top-tier resort-style building amenities including an indoor pool, full-size basketball/badminton courts, bowling alley, state-of-the-art fitness centre, touchless car wash, guest suites, and 24-hr concierge. Unbeatable location just steps to the Bessarion TTC Subway Station, Oriole GO Station, IKEA, Bayview Village Shopping Centre, Canadian Tire, parks, and trendy restaurants. Minutes to Hwy 401 & 404-an absolute must-see for first-time buyers and savvy investors! (id:66096)

Property Details

MLS®: C13825248
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
Pool: Yes
Condo Fee: $478/mo
Fee Includes: Heat, Water
Ownership: Condo/Strata
Property Tax: $2,470.74/yr
Listed: 43 days ago

Rooms

Ground level

Living room
Dining room
Kitchen
Primary Bedroom
Bathroom

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

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Toronto (Bayview Village) listings, avg age

50d

Price / ft²

$937

List price

$515K

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 (Bayview Village) has been listed for 43 days, which is 7 days fresher than the city average of 50. Act while there is still low competition.

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Listed by FIRST CLASS REALTY INC. · TONY MA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $515,000, about 6.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $100,598 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.

Median household income: $83,000
Population: 25,377
Median age: 40.4
Owner / renter: 56% / 44%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M2K)

$515,000· $937/ft²

For sale

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Full Cost Breakdown

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Down Payment5.15% · $26,500.00

Min 5.15%50%

Mortgage payment$2,708/mo

↳ CMHC premium ($19,540 capitalized)

Property tax (est.)$206/mo

Condo fee$478/mo

Total monthly$3,392

Cash Needed to Close

Down payment (5.15%)$26,500

Land transfer tax$13,550

Est. closing costs$4,045

Total cash needed$44,095

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