$689,900

For sale

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#66 441 Military Trail, Toronto (Morningside) - Single Family for Sale

#66 441 Military Trail, Toronto (Morningside), Ontario, M1E4E8

4 beds2 baths2 parking condo fee

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Investment analysis

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$689,900

Toronto

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Description

Motivated Seller, Brand New renovation just finished. ***Immaculate End Unit, it's like a semi.*** ** New hot water tank** Private Fenced Yard** Backs Into Park** Renovated Finished Basement** Minutes Away From The 401. Toronto Pan Am Sports Centre, UofT Scarborough, Centennial College, Centenary Hospital (id:66096)

Property Details

MLS®: E12948512
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 2
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $378/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,117.25/yr
Listed: 218 days ago

Rooms

Main level

Living room: 5.3 x 3.8 meters
Dining room: 4.25 x 2.53 meters
Kitchen: 3.3 x 3.14 meters

Second level

Primary Bedroom: 3.56 x 3.5 meters
Bedroom 2: 3.5 x 2.42 meters
Bedroom 3: 3.5 x 2.78 meters

Basement

Laundry room: 3.46 x 2.52 meters

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

Market Timing

Days on market

218d

Toronto (Morningside) listings, avg age

49d

List price

$690K

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.

Area context

Neighbourhood profile (M1E)

This home lists at $689,900, about 8.4× the local median household income of $82,000.

Carrying it typically needs a household income of about $134,762 (20% down, 25-yr amortization, stress-tested) — roughly 64% above the area median.

Median household income: $82,000
Population: 48,033
Median age: 41.2
Owner / renter: 63% / 37%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1E)

$689,900

For sale

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Full Cost Breakdown

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Down Payment6.38% · $43,990

Min 6.38%50%

Mortgage payment$3,581/mo

↳ CMHC premium ($25,836 capitalized)

Property tax (est.)$176/mo

Condo fee$378/mo

Total monthly$4,135

Cash Needed to Close

Down payment (6.38%)$43,990

Land transfer tax$20,546

Est. closing costs$4,570

Total cash needed$69,106

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

#66 441 Military Trail, Toronto (Morningside) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M1E)

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Full Cost Breakdown