$448,000

For saleJust listed

#717 2020 Mcnicoll Avenue, Toronto (Milliken) - Single Family for Sale

#717 2020 Mcnicoll Avenue, Toronto (Milliken), Ontario, M1V0B5

2 beds2 baths1 parking750 ft²$951/mo condo feeListed 3 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $448,000, it is attractively priced about 8% below the $488,000 median asking price in Toronto. It has been on the market 3 days, fresher than the Toronto average of 110 days.

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Description

Well Managed Mon Sheong Life Lease Senior Residence (55+). This South Facing w/Balcony Unit Offers A Clear & Unobstructed City View. It Is A Bright, Clean & Airy One Bedroom + Den Located Near Elevator, No Long Walk To Unit After Grocery Shopping. This Unit Includes A Parking & A Locker. The Residence Features Wide Hallways, Walk-In Shower w/Support Bars, Emergency Alarm Buttons, 24/7 Security, On-Site Emergency Response and Lots Of Social Programs For Seniors. Additional Referral Services: Weekly Shuttle to Grocery Shopping, Meal Delivery. Steps To Public Transit. Maintenance Fee Includes All Utilities (Heat, Hydro, Water, Property Taxes, Cable TV, Internet), Parking & Locker Except Telephone. Very Comprehensive Facilities: Cafeteria, Karaoke Room, Mahjong Room, Gym, Table Tennis, Library, Party Room, Hair Salon, Clinic & Pharmacy. (id:66096)

Property Details

MLS®: E14136610
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $951/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Listed: 3 days ago

Rooms

Flat

Living room: 5.32 x 3.33 meters
Dining room: 5.32 x 3.33 meters
Kitchen: 2.51 x 2.49 meters
Bedroom: 3.95 x 3.07 meters
Den: 2.36 x 2.13 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, Intercom, Dishwasher, Stove, Dryer, Hood Fan, Furniture, Window Coverings
Flooring: Laminate, Carpeted, Ceramic
Exterior: Concrete, Brick
Lot Features: Balcony, In suite Laundry, Sauna

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Milliken) listings, avg age

110d

Price / ft²

$598

List price

$448K

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 (Milliken) has been listed for 3 days, which is 107 days fresher than the city average of 110. Act while there is still low competition.

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Listed by CENTURY 21 KING'S QUAY REAL ESTATE INC. · EDDIE W. K. CHEUNG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1V)

This home lists at $448,000, about 5.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $87,510 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $82,000
Population: 50,825
Median age: 45.6
Owner / renter: 81% / 19%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1V)

$448,000· $598/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,400

Min 5%50%

Mortgage payment$2,360/mo

↳ CMHC premium ($17,024 capitalized)

Est. property tax$0/mo

Condo fee$951/mo

Total monthly$3,311

Cash Needed to Close

Down payment (5%)$22,400

Land transfer tax$10,870

Est. closing costs$3,844

Total cash needed$37,114

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