$429,900

For sale

#PH07 20 Olive Avenue, Toronto (Willowdale East) - Single Family for Sale

#PH07 20 Olive Avenue, Toronto (Willowdale East), Ontario, M2N7G5

1 bed1 bath1 parking550 ft²$577/mo condo feeListed 16 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $429,900, it is attractively priced about 28% below the $599,999 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 56 days.

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Description

Penthouse level - Enjoy the Clear View!! Open skies to the East, North and South. Bright & Spacious 1-Bedroom Suite With Parking & Locker In The Heart Of The Highly Desirable Yonge & Finch Community! Enjoy the best in Urban Convenience With An Outstanding 97 Transit Score & 91 Walk Scores. Just Steps To Finch Subway Station, TTC, Restaurants, Cafes, Shopping, Grocery Stores, Parks, Entertainment & and endless amenities. Bright Open Concept Layout With Combined Living & Dining Areas, Abundant Natural Light, An updated Kitchen with built-in microwave, new laminate flooring, custom cabinetry for extra kitchen or office storage, spacious Primary Bedroom with custom Closet organizers and doors, 4-Piece Bathroom & Private Balcony with stunning panoramic views. "Other" room is spacious private balcony. Ideal For First-Time Buyers, Young Professionals, Downsizers Or Savvy Investors Looking For Exceptional Value In One Of North York's Most Vibrant Neighbourhoods. Residents Enjoy Access To Excellent Building Amenities Including Gatehouse Security, Fully Equipped Exercise Room, Recreation Room,Play Room, Billiards Room, Visitor Parking & More. A Fantastic Opportunity To Own In A Prime Location With Everything At Your Doorstep! (id:66096)

Property Details

MLS®: C14101776
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $577/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,179.17/yr
Listed: 16 days ago

Rooms

Main level

Foyer: 2.27 x 1.77 meters
Living room: 4.36 x 3.22 meters
Dining room: 4.36 x 3.22 meters
Kitchen: 2.73 x 2.46 meters
Primary Bedroom: 3.3 x 2.93 meters
Bathroom: 2.41 x 1.81 meters
Other: 3.02 x 1.48 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Willowdale East) listings, avg age

56d

Price / ft²

$782

List price

$430K

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 1-bed single family in Toronto (Willowdale East) has been listed for 16 days, which is 40 days fresher than the city average of 56. Act while there is still low competition.

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Listed by ROYAL LEPAGE TERREQUITY REALTY · M. DREW HOMEWOOD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $429,900, about 5.2× the local median household income of $82,000.

Carrying it typically needs a household income of about $83,975 (20% down, 25-yr amortization, stress-tested) — roughly 2% 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)

$429,900· $782/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,495

Min 5%50%

Mortgage payment$2,264/mo

↳ CMHC premium ($16,336 capitalized)

Property tax (est.)$182/mo

Condo fee$577/mo

Total monthly$3,023

Cash Needed to Close

Down payment (5%)$21,495

Land transfer tax$10,146

Est. closing costs$3,790

Total cash needed$35,431

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