$399,900

$424,900For salePrice drop↓ $25,000 (6%)

#709 7 Mabelle Avenue, Toronto (Islington-City Centre West) - Single Family for Sale

#709 7 Mabelle Avenue, Toronto (Islington-City Centre West), Ontario, M9A4X7

1 bed1 bath0 parking550 ft²$408/mo condo feeListed 27 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $399,900, it is attractively priced about 23% below the $519,000 median asking price in Toronto. It has been on the market 27 days, fresher than the Toronto average of 57 days.

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Description

A RARE CORNER ONE-BEDROOM SUITE with a LARGE BALCONY and SOUTHERN EXPOSURE at Islington Terrace by Tridel! An uncommon layout within the Mabelle condo community, this thoughtfully designed suite offers a spacious kitchen and open living and dining areas with room to cook, entertain and unwind. Custom built-in closets add practical storage, while the generous balcony creates an inviting outdoor extension of your living space. Includes ONE OWNED LOCKER. Just a FIVE-MINUTE WALK TO ISLINGTON STATION for convenient access to the TTC's Line 2 (Bloor-Danforth), with shops, restaurants, Highway 427 and the Gardiner Expressway close by. Enjoy an impressive range of amenities, including 24-hour concierge, indoor pool, fitness centre, guest suites, dining and entertainment lounge, basketball court, theatre and a shared outdoor terrace with BBQs. A standout opportunity to enjoy a distinctive layout, generous outdoor space and everyday convenience, comfort and functionality. Currently Tenanted. December 1st possession available - closing date negotiable. (id:66096)

Property Details

MLS®: W13877670
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $408/mo
Fee Includes: Common Area Maintenance, Cable TV, Insurance
Ownership: Condo/Strata
Property Tax: $2,148.47/yr
Listed: 27 days ago

Rooms

Flat

Kitchen: 4.42 x 4.34 meters
Living room: 4.42 x 4.34 meters
Dining room: 4.42 x 4.34 meters
Primary Bedroom: 3.05 x 3.28 meters
Other: 5.52 x 1.8 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, Whirlpool, Dishwasher, Stove, Oven, Dryer, Microwave, Blinds
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Islington-City Centre West) listings, avg age

57d

Price / ft²

$728

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 1-bed single family in Toronto (Islington-City Centre West) has been listed for 27 days, which is 30 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · Quincy Barker

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9A)

This home lists at $399,900, about 4.3× the local median household income of $93,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $93,000
Population: 36,642
Median age: 43.2
Owner / renter: 51% / 49%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M9A)

$399,900· $728/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$179/mo

Condo fee$408/mo

Total monthly$2,694

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$8,947

Est. closing costs$3,700

Total cash needed$32,642

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