$549,900

For sale

#718 1470 Midland Avenue, Toronto (Dorset Park) - Single Family for Sale

#718 1470 Midland Avenue, Toronto (Dorset Park), Ontario, M1P4Z4

2 beds2 baths1 parking1,100 ft²$924/mo condo feeListed 107 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Its $549,900 asking price sits right in line with the $549,000 median in Toronto.

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Description

Welcome to this beautifully maintained corner unit with 2-bedroom, 2-bathroom condo, thoughtfully designed for comfort and everyday convenience. Featuring in-suite laundry and a spacious den that can easily serve as a third bedroom, this home is an excellent option for growing families, professionals, or those looking to downsize without sacrificing space. Enjoy a warm and inviting atmosphere with tasteful upgrades, including a cozy fireplace and custom blinds. Ideally located just steps from public transit, shopping, dining, and other everyday essentials, this condo offers exceptional convenience. Residents also have access to an impressive selection of premium amenities, including an indoor swimming pool, fitness center, library, games room, and 24-hour security, all within a well-managed building that has been recently upgraded. Combining comfort, style, and an unbeatable location, this move-in-ready condo is a fantastic opportunity you won't want to miss. Schedule your viewing today! (id:66096)

Property Details

MLS®: E13592722
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 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, Underground
Condo Fee: $924/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Parking
Ownership: Condo/Strata
Property Tax: $1,734.13/yr
Listed: 107 days ago

Rooms

Flat

Living room: 6.55 x 3.75 meters
Dining room: 6.55 x 3.75 meters
Kitchen: 2.8 x 2.44 meters
Solarium: 5.12 x 2.79 meters
Primary Bedroom: 4.26 x 3.14 meters
Bedroom 2: 3.35 x 3.17 meters

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

Features

Flooring: Ceramic
Exterior: Concrete, Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

107d

Toronto (Dorset Park) listings, avg age

63d

Price / ft²

$500

List price

$550K

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 (Dorset Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX REAL ESTATE CENTRE INC. · RISHABH GANDHI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $549,900, about 7.2× the local median household income of $76,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$549,900· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$145/mo

Condo fee$924/mo

Total monthly$3,951

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$14,946

Est. closing costs$4,150

Total cash needed$49,086

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