$389,999

$399,999For salePrice drop↓ $10,000 (3%)

#910 40 Panorama Court, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

#910 40 Panorama Court, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V4M1

2 beds1 bath2 parking950 ft²$704/mo condo feeListed 49 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $389,999, it is attractively priced about 20% below the $484,900 median asking price in Toronto. It has been on the market 49 days, fresher than the Toronto average of 63 days.

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Description

Beautifully upgraded and spacious 2 bedroom, 1 bathroom condo in a prime location in Etobicoke. Featuring a modern open-concept layout, this bright and functional unit offers a combined living and dining area with walkout to a large open balcony, perfect for relaxing or entertaining. The contemporary kitchen offers quartz countertops, a large center island, stylish backsplash and pot lights. Generous sized bedrooms with laminate flooring throughout the unit. The primary bedroom includes a walk in closet. Enjoy the convenience of an ensuite laundry and the rare inclusion of two parking spaces. Excellent top tier building amenities included are a gym, games room, indoor pool, and two party rooms. Conveniently located close to transit, New Finch LRT, major highways, shopping, schools, and everyday essentials, making it an ideal choice for first-time buyers, downsizers, or investors. (id:66096)

Property Details

MLS®: W13791892
Property Type: Single Family
Zoning: RAC (f24.0; au67.0) (x96)
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Coil Fan, Other
Garage: Garage, Underground
Condo Fee: $704/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $528/yr
Listed: 49 days ago

Rooms

Main level

Living room: 16.4 x 11.5 meters
Dining room: 11.7 x 11.3 meters
Kitchen: 13.3 x 8.6 meters
Primary Bedroom: 16.7 x 10.4 meters
Bedroom 2: 13.11 x 8.11 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Toronto (Mount Olive-Silverstone-Jamestown) listings, avg age

63d

Price / ft²

$411

List price

$390K

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.

Haho

This 2-bed single family in Toronto (Mount Olive-Silverstone-Jamestown) has been listed for 49 days, which is 14 days fresher than the city average of 63. Act while there is still low competition.

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Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC. · JAGJEET KAUR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9V)

This home lists at $389,999, about 4.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $76,180 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 53,878
Median age: 37.2
Owner / renter: 54% / 46%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M9V)

$389,999· $411/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,499.95

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,820 capitalized)

Property tax (est.)$44/mo

Condo fee$704/mo

Total monthly$2,802

Cash Needed to Close

Down payment (5%)$19,500

Land transfer tax$8,650

Est. closing costs$3,670

Total cash needed$31,820

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