$739,000

For sale

#7 37 Drewry Avenue, Toronto (Newtonbrook West) - Single Family for Sale

#7 37 Drewry Avenue, Toronto (Newtonbrook West), Ontario, M2M0B4

2 beds3 baths1 parking950 ft²$443/mo condo feeListed 31 days ago

Overview

This 2-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 31 days, fresher than the Toronto average of 56 days.

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Description

Your Search Ends Here! Welcome to This Exceptional 9-Year-New, Top-Level Stacked Townhome Offering the Perfect Balance of Spacious, Modern Design and Low Maintenance Fees. Perfectly Situated in the Highly Desirable Yonge and Finch Neighbourhood, This Stunning Two-Storey Home Features 981 Square Feet of Bright, Functional Living Space. Freshly Painted Throughout, the Open-Concept Main Floor Boasts Airy 9-Foot Ceilings Filled with Natural Light. The Upper Level Offers Brand-New Laminate Flooring, a Rare and Convenient Layout Featuring Two Spacious Bedrooms, Each Complete with Its Own Private Full Ensuite Bathroom - Including a Luxurious, Sun-Filled Skylight in the Second Bedroom.Located in an Exceptionally Well-Managed Property, This Turn-Key Gem Includes One Underground Parking Space, a Storage Locker, and Ample Visitor Parking With Garage Door Open Via App. Enjoy 100 Transit Score with Bus Stop Right Outside 3 Minute to Finch Station, or a Short 10-Minute Walk, and Steps to New H-Mart, Vibrant Restaurants, and Daily Amenities. With Low Maintenance Fees at Just $442.91/Month and Almost 1,000 Sq. Ft., This Can't Be Beat! This Is an Ideal Opportunity for Smart First-Time Buyers, Professionals, and Savvy Investors Alike. (id:66096)

Property Details

MLS®: C13862762
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $443/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $3,667.75/yr
Listed: 31 days ago

Rooms

Main level

Living room: 4.27 x 4.14 meters
Dining room: 4.27 x 4.14 meters
Kitchen: 3.02 x 2.27 meters

Upper Level

Primary Bedroom: 3.61 x 3.53 meters
Bedroom 2: 2.69 x 2.68 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, Dryer, Hood Fan, Blinds, Water Heater - Tankless
Flooring: Hardwood, Laminate, Ceramic
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Toronto (Newtonbrook West) listings, avg age

56d

Price / ft²

$778

List price

$739K

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 (Newtonbrook West) has been listed for 31 days, which is 25 days fresher than the city average of 56. Act while there is still low competition.

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Listed by FIRST CLASS REALTY INC. · FRANCIS CHEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $739,000, about 9.1× the local median household income of $81,000.

Carrying it typically needs a household income of about $144,353 (20% down, 25-yr amortization, stress-tested) — roughly 78% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$739,000· $778/ft²

For sale

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Full Cost Breakdown

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Down Payment6.62% · $48,900

Min 6.62%50%

Mortgage payment$3,826/mo

↳ CMHC premium ($27,604 capitalized)

Property tax (est.)$306/mo

Condo fee$443/mo

Total monthly$4,575

Cash Needed to Close

Down payment (6.62%)$48,900

Land transfer tax$22,510

Est. closing costs$4,717

Total cash needed$76,127

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