$468,000

For sale

#ph08 61 Markbrook Lane, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

#ph08 61 Markbrook Lane, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V5E7

2 beds2 baths1 parking1,100 ft²$551/mo condo feeListed 84 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Its $468,000 asking price sits right in line with the $487,000 median in Toronto.

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Description

Penthouse Unit with beautiful sky view! Sun-drenched, freshly painted 2-bedroom, 2-full-bath corner unit offering over 1,100sq. ft. of functional living space. An upgraded kitchen complete with sleek Quartz countertops, stainless-steel appliances, and generous storage. Extra perimeter windows fill every room with natural light. Building features resort-style amenities: 24/7 concierge security, indoor pool, gym, sauna, squash courts, and party room. Includes 1 owned parking space, and ensuite laundry. Unbeatable location right on Steeles Ave-steps to TTC, top schools, shopping, and minutes to major highways. Perfect forfirst-time buyers, downsizers, or investors! (id:66096)

Property Details

MLS®: W13677606
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Electric, Other
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $551/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,300/yr
Listed: 84 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Concrete, Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

84d

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

64d

Price / ft²

$426

List price

$468K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX GOLD REALTY INC. · Sahil Arora

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9V)

This home lists at $468,000, about 5.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $91,417 (20% down, 25-yr amortization, stress-tested) — roughly 11% above 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)

$468,000· $426/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,400

Min 5%50%

Mortgage payment$2,465/mo

↳ CMHC premium ($17,784 capitalized)

Property tax (est.)$108/mo

Condo fee$551/mo

Total monthly$3,124

Cash Needed to Close

Down payment (5%)$23,400

Land transfer tax$11,670

Est. closing costs$3,904

Total cash needed$38,974

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