$389,888

For sale

#803 2245 Eglinton Avenue East, Toronto (Ionview) - Single Family for Sale

#803 2245 Eglinton Avenue East, Toronto (Ionview), Ontario, M1K2N3

2 beds1 bath1 parking750 ft²$698/mo condo feeListed 44 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $389,888, it is attractively priced about 13% below the $449,000 median asking price in Toronto. It has been on the market 44 days, fresher than the Toronto average of 81 days.

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Description

Welcome Home to Unit 803 at 2245 Eglinton Ave E. This Unit Boasts A Bright & Open Living and Dining Space, One of the Best Exposures in the Building, West Facing Allowing for Beautiful Sunsets, Clear of The Opposite Building, A CN Tower View & Light Throughout The Day, A Large Primary Bedroom on The Opposite Side of The Unit to The 2nd Bedroom for Privacy & Just Steps to The Upcoming LRT, Boasting Strong Rental & Resale Value! Many Tasteful Upgrades Include: A Newly Renovated Kitchen Featuring High End Custom Cabinets, A Custom Backsplash, Quartz Countertops, Stainless Steel Appliances & Ceramic Tiles, Laminate Floor Throughout, Accent Walls in The Living & Dining, And New Vanity & Vinyl Tiles Refreshing The Bathroom. This Condo Has Been Meticulously Maintained And Shows With Pride. Do Not Miss This! Photos from 2023 Listing. (id:66096)

Property Details

MLS®: E13808764
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Radiant heat, Natural gas
Garage: No Garage
Condo Fee: $698/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,131/yr
Listed: 44 days ago

Rooms

Flat

Kitchen: 3.35 x 2.1 meters
Dining room: 6.45 x 3.65 meters
Living room: 6.45 x 3.65 meters
Primary Bedroom: 4.25 x 3.65 meters
Bedroom 2: 3.25 x 2.4 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, Stove, Range, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Ravine, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Toronto (Ionview) listings, avg age

81d

Price / ft²

$520

List price

$390K

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 (Ionview) has been listed for 44 days, which is 37 days fresher than the city average of 81. Act while there is still low competition.

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Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD. · KRISTOFER GAMBOA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1K)

This home lists at $389,888, about 5.4× the local median household income of $72,500.

Carrying it typically needs a household income of about $76,159 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.

Median household income: $72,500
Population: 48,175
Median age: 40.4
Owner / renter: 50% / 50%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1K)

$389,888· $520/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,494.40

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,816 capitalized)

Property tax (est.)$94/mo

Condo fee$698/mo

Total monthly$2,846

Cash Needed to Close

Down payment (5%)$19,494

Land transfer tax$8,647

Est. closing costs$3,670

Total cash needed$31,811

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