$349,900

$369,900For salePrice drop↓ $20,000 (5%)

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#809 2 Neptune Drive, Toronto (Englemount-Lawrence) - Single Family for Sale

#809 2 Neptune Drive, Toronto (Englemount-Lawrence), Ontario, M6A3E6

1 bed1 bath parking

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Investment analysis

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$349,900

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $349,900, it is attractively priced about 31% below the $509,990 median asking price in Toronto. It has been on the market 34 days, fresher than the Toronto average of 61 days.

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

Description

Life Lease Building (49 year Lease), Seniors Residence (Must be minimum 65 Years Old) Shows Well, Recently Updated, Bright North Facing Unit, W/Juliette Balcony, Upgraded Kitchen W/Granite Counters, Designer Backsplash, Laminate Floors Thru-Out, Ensuite Laundry and Storage, One U/G Parking Space, One Exterior Locker, Weekly Shuttle Bus for Shopping, Great Amenities, 24 Hour On Site Security, Main Floor Lounge, W/ Large T.V. & Piano, Guest Suite, Library, Exercise Room, Large Meeting/Party Room, Games Room, Rooftop Terrace and Garden Room, Large Common Front Patio, Sabbath Elevator, Community Programs (id:66096)

Property Details

MLS®: C13850124
Property Type: Single Family
Zoning: Res
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: Other, See Remarks, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $713/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $984/yr
Listed: 34 days ago

Market Timing

Days on market

34d

Toronto (Englemount-Lawrence) listings, avg age

61d

Price / ft²

$539

List price

$350K

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 (M6A)

This home lists at $349,900, about 4.8× the local median household income of $72,500.

Carrying it typically needs a household income of about $68,348 (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)

$349,900· $539/ft²

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$82/mo

Condo fee$713/mo

Total monthly$2,638

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$7,447

Est. closing costs$3,550

Total cash needed$28,492

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

#809 2 Neptune Drive, Toronto (Englemount-Lawrence) - Single Family for Sale

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Neighbourhood profile (M6A)

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