$319,800

#613 120 Varna Drive, Toronto (Englemount-Lawrence), Ontario, M6A0B3

For saleJust listed

Today

$525K

#613 120 Varna Drive, Toronto (Englemount-Lawrence), Ontario, M6A0B3

2 bd2 ba1 pk650 ft²+$617/mo

Listed by RE/MAX PROFESSIONALS INC.

#202 150 Neptune Drive, Toronto (Englemount-Lawrence), Ontario, M6A2Y9

For saleJust listed

Yesterday

$489K

#202 150 Neptune Drive, Toronto (Englemount-Lawrence), Ontario, M6A2Y9

3 bd2 ba1 pk1,300 ft²+$1597/mo

Listed by WEISS REALTY LTD.

#408 650 Lawrence Avenue West, Toronto (Englemount-Lawrence), Ontario, M6A3E8

For saleJust listed

2 days ago

$450K

#408 650 Lawrence Avenue West, Toronto (Englemount-Lawrence), Ontario, M6A3E8

2 bd1 ba1 pk650 ft²+$560/mo

Listed by PROPERTY.CA INC.

35 Saranac Boulevard, Toronto (Englemount-Lawrence), Ontario, M6A2G4

For saleJust listed

2 days ago

$390K

35 Saranac Boulevard, Toronto (Englemount-Lawrence), Ontario, M6A2G4

1 bd1 ba550 ft²+$499/mo

Listed by Royal LePage Real Estate Services Ltd., Brokerage

Investment analysis

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$319,800

Toronto

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#721 35 Saranac Boulevard, Toronto (Englemount-Lawrence) - Single Family for Sale

#721 35 Saranac Boulevard, Toronto (Englemount-Lawrence), Ontario, M6A2G4

1 bed1 bath0 parking250 ft²$344/mo condo feeListed 20 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $319,800, it is attractively priced about 37% below the $509,990 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 61 days.

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Description

Welcome to Suite 721 at 35 Saranac Blvd, a bright and thoughtfully designed condo where every square foot has been used with purpose. This stylish 465 sq. ft. suite features an open and functional layout with vinyl flooring throughout, tall floor-to-ceiling windows, excellent natural light and generous storage. The kitchen offers full-sized appliances, plenty of cabinetry and a dedicated eating area, creating a comfortable space for everyday living and entertaining. The main living area is versatile and well defined, with room to relax, work and unwind, while multiple closets help keep everything organized. Enjoy the added lifestyle benefits of the building, including a rooftop terrace with BBQs and space to entertain. Located in an incredibly convenient Bathurst and Lawrence neighbourhood, close to TTC, shopping, restaurants, everyday essentials, Yorkdale, Lawrence West Subway Station, Allen Road and Hwy 401. A smart opportunity for first-time buyers, professionals, downsizers or investors looking for a well-designed home in a central Toronto location. (id:66096)

Property Details

MLS®: C14082146
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $344/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,580.66/yr
Listed: 20 days ago

Rooms

Main level

Kitchen: 3.67 x 3.47 meters
Bedroom: 4.8 x 3.01 meters

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

Features

Flooring: Tile, Vinyl
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Englemount-Lawrence) listings, avg age

61d

Price / ft²

$1,282

List price

$320K

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 (Englemount-Lawrence) has been listed for 20 days, which is 41 days fresher than the city average of 61. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · RODRIGO ROBALINO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6A)

This home lists at $319,800, about 4.4× the local median household income of $72,500.

Carrying it typically needs a household income of about $62,468 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $72,500
Population: 22,380
Median age: 37.6
Owner / renter: 41% / 60%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M6A)

$319,800· $1,282/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,990

Min 5%50%

Mortgage payment$1,684/mo

↳ CMHC premium ($12,152 capitalized)

Property tax (est.)$132/mo

Condo fee$344/mo

Total monthly$2,160

Cash Needed to Close

Down payment (5%)$15,990

Land transfer tax$6,544

Est. closing costs$3,459

Total cash needed$25,993

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