$409,900

For sale

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#705 5 San Romano Way, Toronto (Black Creek) - Single Family for Sale

#705 5 San Romano Way, Toronto (Black Creek), Ontario, M3N2Y4

2 beds2 baths1 parking ft²

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Listed by ROYAL LEPAGE SIGNATURE REALTY

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Listed by RE/MAX EXPERTS

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Listed by RE/MAX PREMIER INC.

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Investment analysis

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$409,900

Toronto

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Description

Welcome to a very spacious 2 bedroom with separate dining and a sunk-in living room. New laminated flooring in living room and all bedrooms. Dining room overlooks the living room. 2 Pcs ensuite washroom in master bedroom. Ensuite laundry in a beautiful upgraded kitchen. Upgraded washrooms. Lots of space along with a big storage room. Ideal home for a starter family. Walking distance to all amenities and 2 malls. Close to York University. LRT at the at your doorstep. Cable TV and High speed internet are included in the maintenance fee. Ideal starter home for the first time buyers. " motivated sellers " (id:66096)

Property Details

MLS®: W13742374
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: Natural gas
Cooling: None
Garage: Garage, Underground, Shared
Condo Fee: $696/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,089.58/yr
Listed: 64 days ago

Market Timing

Days on market

64d

Toronto (Black Creek) listings, avg age

55d

Price / ft²

$373

List price

$410K

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.

Area context

Neighbourhood profile (M3N)

This home lists at $409,900, about 6.2× the local median household income of $66,500.

Carrying it typically needs a household income of about $80,068 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.

Median household income: $66,500
Population: 40,846
Median age: 38
Owner / renter: 37% / 63%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA M3N)

$409,900· $373/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,495

Min 5%50%

Mortgage payment$2,159/mo

↳ CMHC premium ($15,576 capitalized)

Property tax (est.)$91/mo

Condo fee$696/mo

Total monthly$2,946

Cash Needed to Close

Down payment (5%)$20,495

Land transfer tax$9,346

Est. closing costs$3,730

Total cash needed$33,571

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

#705 5 San Romano Way, Toronto (Black Creek) - Single Family for Sale

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Neighbourhood profile (M3N)

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