$399,999

For sale

#812 2 Manderley Drive, Toronto (Birchcliffe-Cliffside) - Single Family for Sale

#812 2 Manderley Drive, Toronto (Birchcliffe-Cliffside), Ontario, M1N0C7

2 beds2 baths1 parking750 ft²$648/mo condo feeListed 20 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 20 days, fresher than the Toronto average of 46 days.

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Description

Bring me an offer! This BRAND NEW true 2-bedroom, 1.5-bathroom suite at The Manderley delivers 638 sq. ft. of thoughtfully designed interior living PLUS an additional 146 sq. ft. private terrace - nearly 800 sq. ft. of total living space! Take in breathtaking, unobstructed lake views from both bedrooms and the living room, and enjoy the convenience of tandem parking and locker. This boutique Birch Cliff residence offers concierge service, a rooftop lounge with catering kitchen, party room, fitness centre, yoga studio, kids' playroom and pet wash station. Perfectly positioned minutes from the Scarborough Bluffs, Lake Ontario trails, parks, shopping and dining, with easy access to downtown Toronto, Scarborough Town Centre and Hwy 401. A brand new unit at an unbeatable price - this opportunity won't last! (id:66096)

Property Details

MLS®: E14082418
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $648/mo
Fee Includes: Heat
Ownership: Condo/Strata
Property Tax: $2,587/yr
Listed: 20 days ago

Features

Appliances: Range, Oven - Built-In
Foundation: Concrete
Exterior: Brick
Lot Features: Waterway, Flat site, Elevator

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Birchcliffe-Cliffside) listings, avg age

46d

Price / ft²

$534

List price

$400K

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 (Birchcliffe-Cliffside) has been listed for 20 days, which is 26 days fresher than the city average of 46. Act while there is still low competition.

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Listed by CENTURY 21 LEADING EDGE REALTY INC. · ZOE D'CUNHA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1N)

This home lists at $399,999, about 4.4× the local median household income of $90,000.

Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $90,000
Population: 22,976
Median age: 44.8
Owner / renter: 65% / 35%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M1N)

$399,999· $534/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,999.95

Min 5%50%

Mortgage payment$2,107/mo

↳ CMHC premium ($15,200 capitalized)

Property tax (est.)$216/mo

Condo fee$648/mo

Total monthly$2,970

Cash Needed to Close

Down payment (5%)$20,000

Land transfer tax$8,950

Est. closing costs$3,700

Total cash needed$32,650

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