$679,000

For sale

#705 16 Mcadam Avenue, Toronto (Yorkdale-Glen Park) - Single Family for Sale

#705 16 Mcadam Avenue, Toronto (Yorkdale-Glen Park), Ontario, M6A1S5

2 beds2 baths1 parking850 ft²$827/mo condo feeListed 29 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 29 days, fresher than the Toronto average of 70 days.

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Description

Fully Renovated, Spacious 2 Bed, 2 Bath Condo with Massive 400sqft Private Terrace Across from Yorkdale Mall. Bright and functional 800 sq ft split-bedroom layout in a boutique mid-rise building, featuring floor-to-ceiling windows and a rare 400 sq ft private terrace with unobstructed views and full-day sun exposure.Open-concept living and dining area with a modern kitchen, spacious primary bedroom with ensuite, and a large laundry room with additional storage space. The split layout provides ideal separation and privacy between bedrooms.Includes underground parking and oversized locker. Prime location directly across from Yorkdale Mall, with easy access to Hwy 401, subway and GO Transit, Pearson Airport, Costco, Home Depot, and a variety of shops and restaurants. A unique opportunity to enjoy condo living with generous outdoor space and unbeatable convenience. (id:66096)

Property Details

MLS®: W13873550
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $827/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,975.6/yr
Listed: 29 days ago

Rooms

Main level

Kitchen: 5.4 x 6 meters
Living room: 5 x 6 meters
Primary Bedroom: 3 x 4 meters
Bedroom 2: 3 x 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
Exterior: Concrete
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Yorkdale-Glen Park) listings, avg age

70d

Price / ft²

$799

List price

$679K

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 (Yorkdale-Glen Park) has been listed for 29 days, which is 41 days fresher than the city average of 70. Act while there is still low competition.

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Listed by EXP REALTY · VIVIANE NUNES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6A)

This home lists at $679,000, about 9.4× the local median household income of $72,500.

Carrying it typically needs a household income of about $132,632 (20% down, 25-yr amortization, stress-tested) — roughly 83% above the area median.

Median household income: $72,500
Population: 22,380
Median age: 37.6
Owner / renter: 41% / 60%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M6A)

$679,000· $799/ft²

For sale

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Full Cost Breakdown

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Down Payment6.32% · $42,900

Min 6.32%50%

Mortgage payment$3,527/mo

↳ CMHC premium ($25,444 capitalized)

Property tax (est.)$248/mo

Condo fee$827/mo

Total monthly$4,601

Cash Needed to Close

Down payment (6.32%)$42,900

Land transfer tax$20,110

Est. closing costs$4,537

Total cash needed$67,547

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