$544,900

$559,000For salePrice drop↓ $14,100 (3%)

#617 5418 Yonge Street, Toronto (Willowdale West) - Single Family for Sale

#617 5418 Yonge Street, Toronto (Willowdale West), Ontario, M2N6X4

2 beds2 baths1 parking950 ft²$788/mo condo feeListed 57 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $544,900, it is attractively priced about 9% below the $600,000 median asking price in Toronto. It has been on the market 57 days, fresher than the Toronto average of 73 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome to The Royal Arms at 5418 Yonge Street, offering a spacious and versatile 2-bedroom, 2-bathroom suite with a generously sized den in the heart of North York. The open-concept living and dining area provides plenty of room for everyday living and entertaining, while the large den offers valuable flexibility as a home office, guest space, media room, or additional sitting area. Enjoy an exceptionally convenient location with Finch and Sheppard subway stations nearby, along with schools, parks, the library, shopping, restaurants, and everyday essentials. Residents of this well-managed building have access to an excellent selection of amenities, including 24-hour concierge, an indoor pool, fitness centre, rooftop terrace, BBQ areas, and visitor parking. With its generous floor plan, flexible living space, established building, and prime North York location, this suite represents excellent value and a fantastic opportunity for buyers looking for more space without sacrificing urban convenience. (id:66096)

Property Details

MLS®: C13766010
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $788/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,790/yr
Listed: 57 days ago

Rooms

Main level

Kitchen: 2.93 x 3.61 meters
Dining room: 2.74 x 3.78 meters
Living room: 5.44 x 2.97 meters
Bedroom: 3.72 x 2.64 meters
Primary Bedroom: 3.73 x 3.26 meters
Bathroom: 2.3 x 1.5 meters
Bathroom: 1.82 x 2.64 meters

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

Features

Flooring: Tile
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Toronto (Willowdale West) listings, avg age

73d

Price / ft²

$574

List price

$545K

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 (Willowdale West) has been listed for 57 days, which is 16 days fresher than the city average of 73. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX HALLMARK REALTY LTD. · ROBERT GARY STORTINI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $544,900, about 6.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $106,438 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$544,900· $574/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.41% · $29,490.00

Min 5.41%50%

Mortgage payment$2,858/mo

↳ CMHC premium ($20,616 capitalized)

Property tax (est.)$233/mo

Condo fee$788/mo

Total monthly$3,878

Cash Needed to Close

Down payment (5.41%)$29,490

Land transfer tax$14,746

Est. closing costs$4,135

Total cash needed$48,371

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator