$399,000

For saleJust listed

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#807 2550 Pharmacy Avenue, Toronto (L'Amoreaux) - Single Family for Sale

#807 2550 Pharmacy Avenue, Toronto (L'Amoreaux), Ontario, M1W1H9

1 bed1 bath parking

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Investment analysis

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$399,000

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $399,000, it is attractively priced about 31% below the $579,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 47 days.

Condos for Sale in Toronto →All real estate in Toronto →

Property Details

MLS®: E14153944
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground
Pool: Yes
Condo Fee: $866/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,033.09/yr
Listed: Today

Market Timing

Days on market

Toronto (L'Amoreaux) listings, avg age

47d

Price / ft²

$532

List price

$399K

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.

Area context

Neighbourhood profile (M1W)

This home lists at $399,000, about 4.9× the local median household income of $82,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 47,070
Median age: 48
Owner / renter: 74% / 26%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1W)

$399,000· $532/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$86/mo

Condo fee$866/mo

Total monthly$3,054

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$8,920

Est. closing costs$3,697

Total cash needed$32,567

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

#807 2550 Pharmacy Avenue, Toronto (L'Amoreaux) - Single Family for Sale

Rental cashflow calculator

Description

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Market Timing

Location

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Neighbourhood profile (M1W)

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