$399,999

#14 70 Orchid Place Drive, Toronto (Malvern), Ontario, M1B0C4

For saleJust listed

6 days ago

$395K

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1 bd1 ba550 ft²+$342/mo

Listed by CENTURY 21 LEADING EDGE REALTY INC.

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$470K

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2 bd1 ba1 pk650 ft²+$413/mo

Listed by M5V Elite Realty Group

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For sale

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$600K

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Listed by ROYAL LEPAGE IGNITE REALTY

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For sale

9 days ago

$600K

#59 100 Burrows Hall Boulevard, Toronto (Malvern), Ontario, M1B1M7

4 bd3 ba1 pk1,300 ft²+$582/mo

Listed by HOMELIFE/FUTURE REALTY INC.

Investment analysis

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$399,999

Toronto

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#704 100 Wingarden Court, Toronto (Malvern) - Single Family for Sale

#704 100 Wingarden Court, Toronto (Malvern), Ontario, M1B2P4

2 beds2 baths1 parking1,100 ft²$684/mo condo feeListed 30 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $399,999, it is attractively priced about 16% below the $474,900 median asking price in Toronto. It has been on the market 30 days, fresher than the Toronto average of 61 days.

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

Description

Welcome to a spacious and inviting 2-bedroom condo apartment that offers the perfect combination of comfort, convenience, and lifestyle an ideal opportunity for a first-time home buyer looking for more space without compromising on location. Featuring two generously sized bedrooms, this home provides plenty of room for comfortable living, guests, a home office, or a growing lifestyle. The primary bedroom offers a built-in closet and private ensuite, creating a comfortable retreat with added privacy and convenience. Step outside onto the large balcony and enjoy beautiful views while having your own outdoor space to relax, entertain, or enjoy your morning coffee. Location is another major highlight. With excellent access to nearby shops, stores, and everyday amenities, you'll have many of the essentials you need close to home. Amazing transportation options are just steps away, making commuting and getting around simple and convenient whether you're heading to work, shopping, dining, or exploring the surrounding area this condo truly has everything you need. A wonderful opportunity for a first-time buyer to step into homeownership and enjoy a home that offers space, comfort, convenience, and an incredible lifestyle. Even has potential for a washer and dryer in the unit. (id:66096)

Property Details

MLS®: E13864450
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: None
Garage: Garage, Underground
Condo Fee: $684/mo
Fee Includes: Heat, Electricity, Water, Parking
Ownership: Condo/Strata
Property Tax: $966.81/yr
Listed: 30 days ago

Rooms

Flat

Living room: 5.5 x 5.4 meters
Dining room: 5.4 x 5.3 meters
Kitchen: 5.3 x 2.2 meters
Primary Bedroom: 4.6 x 4.4 meters
Bedroom: 4.8 x 1.7 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
Flooring: Parquet, Ceramic
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$364

List price

$400K

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 (Malvern) has been listed for 30 days, which is 31 days fresher than the city average of 61. Act while there is still low competition.

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Listed by Royal LePage Frank Real Estate · Micheala Strong

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $399,999, about 4.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $91,000
Population: 65,555
Median age: 39.6
Owner / renter: 72% / 28%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1B)

$399,999· $364/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,999.95

Min 5%50%

Mortgage payment$2,107/mo

↳ CMHC premium ($15,200 capitalized)

Property tax (est.)$81/mo

Condo fee$684/mo

Total monthly$2,871

Cash Needed to Close

Down payment (5%)$20,000

Land transfer tax$8,950

Est. closing costs$3,700

Total cash needed$32,650

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