$375,000

For sale

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#904 100 Lotherton Pathway, Toronto (Yorkdale-Glen Park) - Single Family for Sale

#904 100 Lotherton Pathway, Toronto (Yorkdale-Glen Park), Ontario, M6B2G8

2 beds1 bath1 parking ft²

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Investment analysis

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$375,000

Toronto

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Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $375,000, it is attractively priced about 25% below the $498,000 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 72 days.

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

Description

Affordable 2-Bedroom Condo | 1 Underground Parking | Low Maintenance Fees! Welcome to 100 Lotherton Pathway, Unit 405 - an affordable 2-bedroom condo in one of North Toronto's most convenient and family-friendly communities! This spacious unit features 1 underground parking space, ensuite laundry. Low maintenance fees include all utilities, offering excellent value for homeowners and investors alike. Close to school, public transportation, Yorkdale Shopping Mall, Costco, Home Depot, Walmart, Highway 401, 400, Black Creek and Allen Rd, and approximately 20mins to Pearson Airport (id:66096)

Property Details

MLS®: W14033830
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground
Condo Fee: $647/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $972.77/yr
Listed: 21 days ago

Market Timing

Days on market

21d

Toronto (Yorkdale-Glen Park) listings, avg age

72d

Price / ft²

$577

List price

$375K

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 (M6B)

This home lists at $375,000, about 4.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $86,000
Population: 28,534
Median age: 42
Owner / renter: 50% / 50%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M6B)

$375,000· $577/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,750

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,250 capitalized)

Property tax (est.)$81/mo

Condo fee$647/mo

Total monthly$2,704

Cash Needed to Close

Down payment (5%)$18,750

Land transfer tax$8,200

Est. closing costs$3,625

Total cash needed$30,575

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

#904 100 Lotherton Pathway, Toronto (Yorkdale-Glen Park) - Single Family for Sale

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Neighbourhood profile (M6B)

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