$399,000

For sale

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#826 20 Meadowglen Place, Toronto (Woburn) - Single Family for Sale

#826 20 Meadowglen Place, Toronto (Woburn), Ontario, M1H2Y5

2 beds2 baths1 parking ft²

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For saleJust listed

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Listed by CENTURY 21 LEADING EDGE REALTY INC.

#508 38 Lee Centre Drive, Toronto (Woburn), Ontario, M1H3J7

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$420K

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#913 8 Lee Centre Drive, Toronto (Woburn), Ontario, M1H3H8

For sale

7 days ago

$470K

#913 8 Lee Centre Drive, Toronto (Woburn), Ontario, M1H3H8

2 bd2 ba1 pk850 ft²+$1034/mo

Listed by DAN PLOWMAN TEAM REALTY INC.

Investment analysis

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$399,000

Toronto

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Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $399,000, it is attractively priced about 12% below the $454,900 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 62 days.

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

Description

1-bedroom with a den, 2-bathroom. Bright, open concept. This unit is 636 square feet with 10 foot ceilings, Walk-out to Balcony! Walk to Bus, Pharmacy, Grocery, Banks, Parks, Gas Stations! Minutes to Centennial College, UT-Scarborough, Scarborough Town Center, 401! Gym/Exercise Room, Pool, Rooftop Deck, BBQ Pits, Party Room, Theatre, One Underground Parking Owned (id:66096)

Property Details

MLS®: E14034298
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $493/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Parking
Ownership: Condo/Strata
Property Tax: $1,404.22/yr
Listed: 21 days ago

Market Timing

Days on market

21d

Toronto (Woburn) listings, avg age

62d

Price / ft²

$614

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 (M1H)

This home lists at $399,000, about 5.0× the local median household income of $80,000.

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: $80,000
Population: 23,964
Median age: 38.4
Owner / renter: 62% / 38%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1H)

$399,000· $614/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.)$117/mo

Condo fee$493/mo

Total monthly$2,712

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

#826 20 Meadowglen Place, Toronto (Woburn) - Single Family for Sale

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Neighbourhood profile (M1H)

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