$588,000

For sale

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#814 99 The Donway West Road, Toronto (Banbury-Don Mills) - Single Family for Sale

#814 99 The Donway West Road, Toronto (Banbury-Don Mills), Ontario, M3C0N8

2 beds2 baths1 parking ft²

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Investment analysis

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$588,000

Toronto

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Description

Fabulous Flaire-Shops @ Don Mills! Live in a Community with Everything @ Your Doorstep-Shopping, Restaurants, Seasonal Events, VIP Cineplex, DVP, Transit! Blake Model-1 + 1, 2 Baths, 2 Walk-Outs To Wrap Around Balcony-East Facing-Watch Sunrise & Sunset! Window Coverings-Roller Blinds, Conveniently Located Close To Elevator, Amenities Include: Lobby With Pool Table, Movie Rm, Terrace & BBQ Area, Party Rm, 24Hr Concierge, Visitor Parking! (1) Underground Parking Space (1) Locker Included! Note: Great Investment - Triple "A" Tenant in Place- Lease up in March 2027! Tenant Willing to Stay On! (id:66096)

Property Details

MLS®: C14090386
Property Type: Single Family
Zoning: Residential Condominium
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $660/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $3,122.96/yr
Listed: 18 days ago

Market Timing

Days on market

18d

Toronto (Banbury-Don Mills) listings, avg age

48d

Price / ft²

$905

List price

$588K

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 (M3C)

This home lists at $588,000, about 7.9× the local median household income of $74,500.

Carrying it typically needs a household income of about $114,857 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.

Median household income: $74,500
Population: 39,616
Median age: 40.4
Owner / renter: 45% / 55%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M3C)

$588,000· $905/ft²

For sale

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Full Cost Breakdown

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Down Payment5.75% · $33,800.00

Min 5.75%50%

Mortgage payment$3,073/mo

↳ CMHC premium ($22,168 capitalized)

Property tax (est.)$260/mo

Condo fee$660/mo

Total monthly$3,992

Cash Needed to Close

Down payment (5.75%)$33,800

Land transfer tax$16,470

Est. closing costs$4,264

Total cash needed$54,534

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

#814 99 The Donway West Road, Toronto (Banbury-Don Mills) - Single Family for Sale

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Neighbourhood profile (M3C)

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