$599,000

For sale

#616 676 Sheppard Avenue East, Toronto (Bayview Village) - Single Family for Sale

#616 676 Sheppard Avenue East, Toronto (Bayview Village), Ontario, M2K1B7

2 beds2 baths1 parking750 ft²$745/mo condo feeListed 73 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $599,000 asking price sits right in line with the $599,000 median in Toronto.

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Description

Prestigious St. Gabriel Manor By Shane Baghai! Spacious & Beautifully Designed Upper-Level Suite Offering Over 814 Sq. Ft. Of Living Space Includes An Oversized Balcony With Stunning Panoramic North-East Views. Featuring Soaring 9' Ceilings, A Functional Open-Concept Layout & Generously Sized Principal Rooms. A Large Den With Door Can Easily Function As A 2nd Bedroom Or Private Home Office. Abundant Natural Light Creates A Bright & Airy Living Space. Upgraded With Hardwood Flooring, Stainless Steel Appliances, Natural Stone Countertops & Backsplash. Ideally Located Minutes From Bayview & Bessarion Subway Stations, Bayview Village Shopping Centre, Fine Restaurants, Groceries, Hwy 401, Hospital, YMCA, Parks & Steps To The New Community Centre & Library. An Exceptional Opportunity In One Of Bayview Village's Most Desirable Communities! (id:66096)

Property Details

MLS®: C13710472
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $745/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,152/yr
Listed: 73 days ago

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Range, Oven, Dryer, Microwave
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

73d

Toronto (Bayview Village) listings, avg age

50d

Price / ft²

$799

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 (Bayview Village) 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 REALTRON BARRY COHEN HOMES INC. · NIMA HAFEZIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $599,000, about 7.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 41% 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)

$599,000· $799/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$263/mo

Condo fee$745/mo

Total monthly$4,136

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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