$470,000

For sale

#1512 234 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A5

2 bd1 ba1 pk1,100 ft²+$1091/mo

Listed by RE/MAX WEST REALTY INC.

#1108 238 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

For sale

7 days ago

$450K

#1108 238 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

3 bd2 ba1 pk1,100 ft²+$1081/mo

Listed by iCloud Realty Ltd.

#1507 238 ALBION Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

For sale

21 days ago

$380K

#1507 238 ALBION Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

2 bd1 ba1 pk950 ft²+$924/mo

#607 238 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

2 bd1 ba1 pk1,100 ft²+$924/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

Investment analysis

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$470,000

Toronto

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#PH10 234 Albion Road, Toronto (Elms-Old Rexdale) - Single Family for Sale

#PH10 234 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

3 beds2 baths1 parking1,100 ft²$1,184/mo condo feeListed 43 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 43 days, fresher than the Toronto average of 64 days.

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

Description

Welcome to this immaculate Penthouse unit, this top floor suite offers impressive views, exceptional natural light, and a thoughtfully designed layout ideal for both everyday living and entertaining. The open-concept living and dining areas provide generous space to host guests or relax in comfort, while large windows create a bright and inviting atmosphere throughout. The well-appointed kitchen flows seamlessly into the main living space, making it perfect for modern lifestyles. Spacious principal rooms offer comfort and functionality, complemented by refined finishes and pride of ownership evident throughout. This building is undergoing an incredible update, adding convenience and long-term value. No special assessment. Property Management has been excellent to budget for the improvements. The Outdoor pool and bbq areas are a welcome addition to your summer enjoyment! Utilities are Included in the maintenance fees! Combining style, space, and exclusivity, this penthouse presents a standout opportunity to own at the very top. Extra Large Parking Spot can accommodate 2 Cars. (id:66096)

Property Details

MLS®: W13825294
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
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: $1,184/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $935/yr
Listed: 43 days ago

Rooms

Flat

Kitchen: 3.05 x 3.33 meters
Bathroom: 1.5 x 2.41 meters
Bedroom 2: 3.12 x 2.69 meters
Living room: 3.63 x 6.4 meters
Primary Bedroom: 3.15 x 4.19 meters
Bedroom: 2.84 x 3.78 meters
Laundry room: 1.93 x 1.65 meters

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

Features

Appliances: All
Exterior: Brick
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Toronto (Elms-Old Rexdale) listings, avg age

64d

Price / ft²

$427

List price

$470K

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 3-bed single family in Toronto (Elms-Old Rexdale) has been listed for 43 days, which is 21 days fresher than the city average of 64. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · FRANK LEO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9W)

This home lists at $470,000, about 5.5× the local median household income of $85,000.

Carrying it typically needs a household income of about $91,807 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $85,000
Population: 40,977
Median age: 38.8
Owner / renter: 58% / 42%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M9W)

$470,000· $427/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,500

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,860 capitalized)

Property tax (est.)$78/mo

Condo fee$1,184/mo

Total monthly$3,737

Cash Needed to Close

Down payment (5%)$23,500

Land transfer tax$11,750

Est. closing costs$3,910

Total cash needed$39,160

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