$499,000

For sale

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#706 1665 Victoria Park Avenue, Toronto (Wexford-Maryvale) - Single Family for Sale

#706 1665 Victoria Park Avenue, Toronto (Wexford-Maryvale), Ontario, M1R5E5

3 beds2 baths1 parking ft²

#105 2152 Lawrence Avenue, Toronto (Wexford-Maryvale), Ontario, M1R0B5

2 bd2 ba1 pk850 ft²+$800/mo

Listed by RE/MAX HALLMARK REALTY LTD.

#101 2152 Lawrence Avenue, Toronto (Wexford-Maryvale), Ontario, M1R0B5

For sale

29 days ago

$529K

#101 2152 Lawrence Avenue, Toronto (Wexford-Maryvale), Ontario, M1R0B5

2 bd2 ba1 pk950 ft²+$862/mo

Listed by RE/MAX HALLMARK REALTY LTD.

#210 2152 Lawrence Avenue East, Toronto (Wexford-Maryvale), Ontario, M1R0B5

For salePrice drop

33 days ago

$550K$570K

↓ $20K (4%) price drop

#210 2152 Lawrence Avenue East, Toronto (Wexford-Maryvale), Ontario, M1R0B5

2 bd2 ba1 pk950 ft²+$805/mo

Listed by HOMELIFE ELITE SERVICES REALTY INC.

#804 1101 Pharmacy Avenue, Toronto (Wexford-Maryvale), Ontario, M1R2Y3

For sale

35 days ago

$395K

#804 1101 Pharmacy Avenue, Toronto (Wexford-Maryvale), Ontario, M1R2Y3

2 bd2 ba950 ft²+$834/mo

Listed by RE/MAX ATRIUM HOME REALTY

Investment analysis

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$499,000

Toronto

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Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $499,000, it is attractively priced about 6% below the $529,000 median asking price in Toronto. It has been on the market 13 days, fresher than the Toronto average of 46 days.

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

Description

Rarely Offered 3 Bedroom Plus Den!!! Bright And Spacious Sunny South Exposure, Freshly Painted, Open Concept Layout, Laminate Flooring, Large Bedrooms Featuring A Master Bedroom 4Pc Ensuite. Close To Shopping, Schools, Transit, Easy Access To Highway. Act Fast Before Its Sold!!! ***Certain photographs have been virtually staged for illustrative purposes only. Furniture, artwork, and decorative accessories shown in these images are not included in the sale. Buyers are encouraged to view the property in person to verify its actual condition and features. (id:66096)

Property Details

MLS®: E14106440
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $955/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,849.22/yr
Listed: 13 days ago

Rooms

Ground level

Family room: 5.21 x 3.43 meters
Dining room: 5.21 x 3.43 meters
Kitchen: 3.3 x 2.64 meters
Solarium: 2.64 x 2.64 meters
Primary Bedroom: 4.24 x 3.58 meters
Bedroom 2: 3.63 x 3.58 meters
Bedroom 3: 2.64 x 3.58 meters

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

Market Timing

Days on market

13d

Toronto (Wexford-Maryvale) listings, avg age

46d

Price / ft²

$454

List price

$499K

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 (M1R)

This home lists at $499,000, about 6.2× the local median household income of $81,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.

Median household income: $81,000
Population: 30,467
Median age: 41.2
Owner / renter: 56% / 44%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1R)

$499,000· $454/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$154/mo

Condo fee$955/mo

Total monthly$3,737

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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

#706 1665 Victoria Park Avenue, Toronto (Wexford-Maryvale) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M1R)

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Full Cost Breakdown