$577,800

$599,800For salePrice drop↓ $22,000 (4%)

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#PH 69 123 Omni Drive, Toronto (Bendale) - Single Family for Sale

#PH 69 123 Omni Drive, Toronto (Bendale), Ontario, M1P5A6

2 beds2 baths parking

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2 bd2 ba1 pk850 ft²+$613/mo

Listed by CB METROPOLITAN COMMERCIAL LTD.

Investment analysis

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$577,800

Toronto

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Description

Welcome to PH69 at 123 Omni Drive. This bright two-bedroom, two-bathroom penthouse offers panoramic north, west and south views, including the CN Tower, and a private balcony.Features include an open-concept living and dining area with hardwood floors, a primary bedroom with ensuite, ensuite laundry and one underground parking space. Maintenance fees include heat, hydro, water and central air conditioning.Amenities include an indoor pool, gym, party room, outdoor BBQs and 24-hour gated security. Conveniently located near Scarborough Town Centre, transit and shopping. (id:66096)

Property Details

MLS®: E13839368
Property Type: Single Family
Zoning: Res
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,364/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,808/yr
Listed: 38 days ago

Market Timing

Days on market

38d

Toronto (Bendale) listings, avg age

69d

Price / ft²

$526

List price

$578K

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 (M1P)

This home lists at $577,800, about 7.6× the local median household income of $76,000.

Carrying it typically needs a household income of about $112,865 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$577,800· $526/ft²

For sale

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Full Cost Breakdown

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Down Payment5.67% · $32,780.00

Min 5.67%50%

Mortgage payment$3,022/mo

↳ CMHC premium ($21,801 capitalized)

Property tax (est.)$234/mo

Condo fee$1,364/mo

Total monthly$4,620

Cash Needed to Close

Down payment (5.67%)$32,780

Land transfer tax$16,062

Est. closing costs$4,233

Total cash needed$53,075

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

#PH 69 123 Omni Drive, Toronto (Bendale) - Single Family for Sale

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Description

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Neighbourhood profile (M1P)

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