$625,000

$639,000For salePrice drop↓ $14,000 (2%)

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#901 26 Norton Avenue, Toronto (Willowdale East) - Single Family for Sale

#901 26 Norton Avenue, Toronto (Willowdale East), Ontario, M2N0C6

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Investment analysis

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$625,000

Toronto

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Description

Spacious 841 sq. ft. 2-bedroom, 2-bathroom suite features a functional layout, generous room sizes and plenty of natural light. Open-concept living and dining, modern kitchen, primary bedroom with ensuite, and one parking space. Steps to Yonge Street, Finch and North York Centre subway stations, restaurants, shopping, parks and everyday amenities, with easy access to Highway 401. An excellent opportunity for end users or investors in the heart of North York. (id:66096)

Property Details

MLS®: C13811734
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 850 ft²
Basement: Other, See Remarks, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $793/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,406.86/yr
Listed: 45 days ago

Market Timing

Days on market

45d

Toronto (Willowdale East) listings, avg age

56d

Price / ft²

$736

List price

$625K

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 (M2N)

This home lists at $625,000, about 7.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $122,084 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$625,000· $736/ft²

For sale

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Full Cost Breakdown

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Down Payment6% · $37,500

Min 6%50%

Mortgage payment$3,257/mo

↳ CMHC premium ($23,500 capitalized)

Property tax (est.)$284/mo

Condo fee$793/mo

Total monthly$4,334

Cash Needed to Close

Down payment (6%)$37,500

Land transfer tax$17,950

Est. closing costs$4,375

Total cash needed$59,825

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

#901 26 Norton Avenue, Toronto (Willowdale East) - Single Family for Sale

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Description

Property Details

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Market Timing

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Neighbourhood profile (M2N)

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