$569,000

For sale

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#833 68 Corporate Drive, Toronto (Woburn) - Single Family for Sale

#833 68 Corporate Drive, Toronto (Woburn), Ontario, M1H3H3

3 beds2 baths parking

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For saleJust listed

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For sale

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$420K

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Listed by HOMELIFE LANDMARK REALTY INC.

Investment analysis

Rental cashflow calculator

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$569,000

Toronto

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Description

Highly desirable building! Spacious 1,111 sq. ft. condo features 2 bedrooms plus a solarium (ideal as a third bedroom or home office) and 2 full bathrooms. The functional layout includes an enclosed kitchen, generously sized bedrooms, and an open, bright living space filled with natural light. Recently updated with new paint and new flooring throughout! Enjoy an impressive selection of premium building amenities, including indoor and outdoor swimming pools, a BBQ area, bowling alley, tennis court, squash court, table tennis, and more. Ideally located just steps from Scarborough Town Centre, TTC transit, Highway 401, schools, shopping, and everyday conveniences. The unit also includes 2 parking spaces and 1 locker. An excellent opportunity for first-time home buyers, downsizers, or investors looking for a spacious condo in a prime location! (id:66096)

Property Details

MLS®: E13628168
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,020/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,340.3/yr
Listed: 97 days ago

Market Timing

Days on market

97d

Toronto (Woburn) listings, avg age

62d

Price / ft²

$518

List price

$569K

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 $569,000, about 7.1× the local median household income of $80,000.

Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 39% above 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)

$569,000· $518/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,900.00

Min 5.61%50%

Mortgage payment$2,978/mo

↳ CMHC premium ($21,484 capitalized)

Property tax (est.)$195/mo

Condo fee$1,020/mo

Total monthly$4,192

Cash Needed to Close

Down payment (5.61%)$31,900

Land transfer tax$15,710

Est. closing costs$4,207

Total cash needed$51,817

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

#833 68 Corporate Drive, Toronto (Woburn) - Single Family for Sale

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Description

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Location

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Neighbourhood profile (M1H)

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