$469,000

For sale

#703 785 Browns Line, Toronto (Alderwood) - Single Family for Sale

#703 785 Browns Line, Toronto (Alderwood), Ontario, M8W3V8

2 beds1 bath1 parking850 ft²$823/mo condo feeListed 44 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $469,000, it is attractively priced about 12% below the $530,000 median asking price in Toronto.

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

Description

Welcome to this newly renovated 2-bedroom co-op apartment in the desirable Alderwood community. Extensively renovated throughout, this move-in-ready home features a brand-new kitchen, a beautifully updated 3-piece bathroom with a convenient walk-in shower, and new vinyl flooring throughout. Enjoy south-facing views from the open balcony, perfect for relaxing and taking in the natural light. The location is exceptionally convenient, just steps from TTC transit, shopping, Alderwood Plaza and grocery stores, with easy access to major highways, Sherway Gardens, downtown Toronto, GO Transit, and Pearson International Airport. One low maintenance fee includes property taxes, making this an affordable and convenient homeownership opportunity. Please note: All buyers are subject to Board approval. Owner-occupied only; rentals are not permitted. (id:66096)

Property Details

MLS®: W13819822
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Radiant heat, Natural gas
Cooling: Wall unit
Garage: Garage, Underground
Condo Fee: $823/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Listed: 44 days ago

Rooms

Flat

Kitchen: 3.02 x 2.42 meters
Dining room: 3.19 x 2.5 meters
Living room: 3.06 x 5.24 meters
Bedroom: 2.87 x 3.13 meters
Primary Bedroom: 3.37 x 3.76 meters

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

Features

Appliances: Refrigerator, Stove, Microwave, Window Coverings
Flooring: Vinyl
Exterior: Brick
Lot Features: Balcony, Carpet Free, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Toronto (Alderwood) listings, avg age

45d

Price / ft²

$552

List price

$469K

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 (Alderwood) has been listed for 44 days, which is 1 days fresher than the city average of 45. Act while there is still low competition.

Set a price alert Book a showing

Listed by ROYAL LEPAGE PORRITT REAL ESTATE · SHELLEY PORRITT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8W)

This home lists at $469,000, about 4.9× the local median household income of $95,000.

Carrying it typically needs a household income of about $91,612 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $95,000
Population: 22,381
Median age: 41.6
Owner / renter: 65% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M8W)

$469,000· $552/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% · $23,450

Min 5%50%

Mortgage payment$2,470/mo

↳ CMHC premium ($17,822 capitalized)

Est. property tax$0/mo

Condo fee$823/mo

Total monthly$3,293

Cash Needed to Close

Down payment (5%)$23,450

Land transfer tax$11,710

Est. closing costs$3,907

Total cash needed$39,067

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator