$387,000

For sale

#701 301 Prudential Drive, Toronto (Dorset Park) - Single Family for Sale

#701 301 Prudential Drive, Toronto (Dorset Park), Ontario, M1P4V3

2 beds1 bath1 parking850 ft²$857/mo condo feeListed 126 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $387,000, it is attractively priced about 30% below the $549,000 median asking price in Toronto.

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Description

Prime Location! The Jewel In The Heart Of Dorset Park. Enjoy This Stunning Bright And Spacious 2 Bedroom Apartment, With Unobstructed Scenic Views From The Vast Open Balcony. All Other Utilities; like, Water included in the Maintenance fees. Nice neighborhood, Close to All Amenities; like, Scarborough Town Center, Thomson Park And Trails, Schools, Medical And Dental Centers, Bank, Transits, Shops, Restaurants, Groceries, Place Of Worship. And Hwy 401. Nicely renovated, equipped with newer appliances. Dish Washer, Ensuite Laundry, Large Walk-In Closet In Master Bedroom. Indoor Heated Pool, Sauna, Underground Parking, Locker, Gym And Party Room. (id:66096)

Property Details

MLS®: E13511808
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $857/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,199/yr
Listed: 126 days ago

Rooms

Main level

Living room: 5.89 x 3.43 meters
Dining room: 2.95 x 2.4 meters
Kitchen: 3.55 x 2.35 meters
Primary Bedroom: 4.7 x 3.36 meters
Bedroom 2: 2.9 x 2.7 meters
Bathroom: 2.3 x 1.4 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, Microwave, Hood Fan
Flooring: Tile, Laminate
Exterior: Brick
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

126d

Toronto (Dorset Park) listings, avg age

65d

Price / ft²

$456

List price

$387K

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 (Dorset Park) 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 HOMELIFE/MIRACLE REALTY LTD · FARHANA YEASMIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $387,000, about 5.1× the local median household income of $76,000.

Carrying it typically needs a household income of about $75,595 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$387,000· $456/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,350

Min 5%50%

Mortgage payment$2,038/mo

↳ CMHC premium ($14,706 capitalized)

Property tax (est.)$100/mo

Condo fee$857/mo

Total monthly$2,995

Cash Needed to Close

Down payment (5%)$19,350

Land transfer tax$8,560

Est. closing costs$3,661

Total cash needed$31,571

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