$480,000

For sale

#810 1603 Eglinton Avenue West, Toronto (Oakwood Village) - Single Family for Sale

#810 1603 Eglinton Avenue West, Toronto (Oakwood Village), Ontario, M6E0A1

2 beds1 bath1 parking550 ft²$618/mo condo feeListed 16 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $480,000, it is attractively priced about 13% below the $549,000 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 58 days.

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Description

Beautiful 1 Bedroom + Den at Empire Midtown Condos with 1 Parking & 1 Locker Included! Bright and spacious suite featuring a functional open-concept layout with a modern kitchen overlooking the generous living & dining area. The enclosed den provides excellent flexibility as a private home office, study or guest sleeping area. Enjoy abundant natural light from the desirable south-facing exposure and private balcony. Exceptionally convenient location directly across from Oakwood LRT Station, with TTC bus service at your doorstep and just one stop to Eglinton West Subway Station. Minutes to Yorkdale Mall, shopping, restaurants, parks and everyday amenities. Residents enjoy an impressive collection of building amenities including 24Hr Concierge, stylish Party Room with Fireplace & TV, Exercise & Yoga Rooms, 2 Guest Suites, and an Outdoor Rooftop Terrace with BBQs. An excellent opportunity for first-time buyers, professionals, downsizers or investors seeking modern living and outstanding transit convenience in Midtown Toronto! (id:66096)

Property Details

MLS®: C14093894
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $618/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,428/yr
Listed: 16 days ago

Rooms

Flat

Living room: 5.84 x 3.04 meters
Dining room: 5.84 x 3.04 meters
Kitchen: 2.79 x 2.99 meters
Den: 2.43 x 1.82 meters
Primary Bedroom: 2.99 x 3.04 meters
Bathroom: 2.94 x 2.69 meters

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

Features

Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Oakwood Village) listings, avg age

58d

Price / ft²

$874

List price

$480K

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 (Oakwood Village) has been listed for 16 days, which is 42 days fresher than the city average of 58. Act while there is still low competition.

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Listed by NU STREAM REALTY (TORONTO) INC. · NOAH ZHANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $480,000, about 5.9× the local median household income of $82,000.

Carrying it typically needs a household income of about $93,761 (20% down, 25-yr amortization, stress-tested) — roughly 14% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$480,000· $874/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,000

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,240 capitalized)

Property tax (est.)$202/mo

Condo fee$618/mo

Total monthly$3,349

Cash Needed to Close

Down payment (5%)$24,000

Land transfer tax$12,150

Est. closing costs$3,940

Total cash needed$40,090

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