$525,000

For saleJust listed

#613 120 Varna Drive, Toronto (Englemount-Lawrence) - Single Family for Sale

#613 120 Varna Drive, Toronto (Englemount-Lawrence), Ontario, M6A0B3

2 beds2 baths1 parking650 ft²$617/mo condo feeListed Today

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $525,000 asking price sits right in line with the $509,990 median in Toronto. It has been on the market 0 days, fresher than the Toronto average of 60 days.

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Description

Two bedrooms, two full bathrooms, owned parking, a locker, and a long, covered balcony with open views: welcome to Yorkdale Condominiums. This bright 660 sq. ft. suite offers an open living and dining area, with full-height windows and a walkout to the balcony. The bedrooms are on opposite sides of the living area, and both have exterior windows. The kitchen features white cabinetry, a tiled backsplash and stainless steel appliances, while in-suite laundry adds everyday convenience. Enjoy views over the neighbourhood and treetops from your covered balcony. Building amenities include concierge service, a fitness centre, media room, party room, rooftop terrace with BBQs, and visitor parking. With groceries and everyday essentials downstairs, and Yorkdale Subway Station and Allen Road nearby, getting what you need and getting where you're going is easy. (id:66096)

Property Details

MLS®: C14147718
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $617/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,800.69/yr
Listed: Today

Rooms

Main level

Kitchen: 3.56 x 2.77 meters
Living room: 3.39 x 3.26 meters
Primary Bedroom: 3.6 x 2.8 meters
Bedroom 2: 3.08 x 2.87 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, Range, Dryer, Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Englemount-Lawrence) listings, avg age

60d

Price / ft²

$808

List price

$525K

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 (Englemount-Lawrence) has been listed for 0 days, which is 60 days fresher than the city average of 60. Act while there is still low competition.

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Listed by RE/MAX PROFESSIONALS INC. · DAVID RUBEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6A)

This home lists at $525,000, about 7.2× the local median household income of $72,500.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $72,500
Population: 22,380
Median age: 37.6
Owner / renter: 41% / 60%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M6A)

$525,000· $808/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$233/mo

Condo fee$617/mo

Total monthly$3,609

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$13,950

Est. closing costs$4,075

Total cash needed$45,525

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