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            For Sale 21 Days On Site

            #513 11 Thorncliffe Park Drive

            near Millwood And Overlea
            $489,000 2+0bdr • 2ba • 1kit • 900-999sf
            Average Income
            n/a
            Population Age
            n/a
            School Score
            5.80/10
            Price Index Change 1y
            +13.51%
            Price Index Change 3y
            +51.41%
            Rent Index Change 1y
            -1.76%
            Rent Index Change 3y
            +24.25%

            Condo Apt • Apartment #513 • 5 Level

            #513 11 Thorncliffe Park Drive, Thorncliffe Park, Toronto
            • Rooms and Bathrooms 2+0 bedr, 2 bath
            • Kitchens 1
            • area 900-999
            • garage 1.0 Undergrnd
            • exposure Sw
            • age n/a
            • locker Exclusiv
            • possession

              30/60 Days/Tba

            $489,000

            $1,655.18
            Tax yr: 2020

            $802.41/m

            CALCULATED NUMBERS:

            $1835.00

            calculator

            $2250

            3

            66 Somewhat Walkable

            67 Good Transit

            72 Very Bikeable

            5.80/10

            Property Location Details
            • Toronto

            • Toronto

            • Thorncliffe Park

            • Millwood And Overlea

            • M4H1P3

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

            Property Overview
            *** Leaside Park Bessborough Model *** Rarely Available As There Are Only 9 Of Them! B A L C O N Y With Two Walkouts (Living Room And Master)! Corner Suite Overlooking The Courtyard With Gorgeous View Of City Skyline! Parking And Locker Included! Every Convenience At Door Incl Bus To 3 Subway Stations, New Costco, Shopping Mall, Grocery Stores, Restaurants Etc! No Need To Own A Car! Gorgeous Lobby Surrounded By Treed Inner Courtyard!
            Extras: Fridge, Stove, Rangehood, Dishwasher, Washer, Dryer. Security, Visitors Parking, Reception/Party Room, Exercise Room, On Site Management, Courtyard Bbqs And Everything At Your Doorstep! Closing Can Be Flexible.
            Property Features
            • Hospital
            • Park
            • Public Transit
            • Rec Centre
            • School
            • Brick
            • Bike Storage
            • Exercise Room
            • Party/Meeting Room
            • Security Guard
            • Visitor Parking
            • Common Elements Included
            • Ensuite Laundry
            • Heat Included
            • Hydro Included
            • Building Insurance Included
            • Parking Included
            • Water Included
            • CAC Included
            • Condo Taxes Included
            • Fireplace/Stove
            • Seller Property Info Statement
            • Family Room
            • Energy Certification
            • Green Property Information Statement
            • Cable TV Included
            • Central Vac
            Rooms details
            Living
            • Flat Level
            • South View
            • O/Looks Garden
            • W/O To Balcony
            • Size 6.66x3.43
            Dining
            • Flat Level
            • Open Concept
            • Laminate
            • Size 6.66x3.43
            Kitchen
            • Flat Level
            • Pass Through
            • B/I Appliances
            • Size 2.59x2.44
            Master
            • Flat Level
            • 4 Pc Ensuite
            • W/W Closet
            • W/O To Balcony
            • Size 4.20x3.36
            Br
            • Flat Level
            • 3 Pc Bath
            • Large Closet
            • O/Looks Garden
            • Size 4.32x3.05
            Basement
            • None
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            • Listing added to site: 2020-10-10 00:16:37
            • Last updated: 2020-10-27 00:52:30
            • Photos updated: 2020-10-09
            • Contract date: 2020-10-09
            • Input date: 2020-10-09
            • Expiry date: 2020-12-31
            • Closed date: 0000-00-00
            • Condition expiry date: 2020-11-06
            • Extension entry date: 0000-00-00
            • Sold date: 0000-00-00
            • Suspended date: 0000-00-00
            • Terminated date: 0000-00-00
            • Unavailable date: 0000-00-00
            • Condition:
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            Travel Times, Streetview, Walkscore
            513 11 Thorncliffe Park Drive Property & Location Overview Powered by AIDA
            Listing Overview

            General:

            513 11 Thorncliffe Park Drive is a condo apt apartment, located in Thorncliffe Park of city of Toronto, Toronto region, near Millwood And Overlea, and has been available for sale on ITRealty since 2020-10-10. This unit is located at level 5 of the building and has South-West exposure of Thorncliffe Park Dr. Condo registry office is MTCC, corporation number 956.

            Lot Size and Living Area:

            513 11 Thorncliffe Park Drive has 4+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 900-999 square feet.
            1.0 parking space(s) are exclusive and located undergrnd at level . The locker is exclusiv. An ensuite laundry is available at the unit.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Hospital, Park, Public Transit, Rec Centre, School at, or near the property.
            AIDA has also found the following features: Modern/Renovated/Well Maintained, AIDA Recommended, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Overview

            General:

            513 11 Thorncliffe Park Drive condo apt is listed for $489,000. Property tax for year 2020 was $1,655. And the monthly maintenance fee was $802.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $528,647.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,835, and total expenses, including the mortgage, property tax and maintenance, fee around $2,040, assuming $489,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 513 11 Thorncliffe Park Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $7,300 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Thorncliffe Park, where 11 Thorncliffe Park Drive is located, has $623,645 Home Price Index, and $2,116 Home Rent Index.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,052,234, and average Home Rent Index $2,578.

            Similar Properties & Community Details:

            There are similar to 513 11 Thorncliffe Park Drive 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 11 Thorncliffe Park Drive.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Thorncliffe Park neighborhood in city of Toronto.

            Schools:

            There are at least 1 school(s) located near 11 Thorncliffe Park Drive, or schools, which boundaries this address belongs to with an average School Score 5.80 out of 10. Here are more details about these schools:
            1. Valley Park Middle School (Grades 06-08), Public, Intermediate, ranked as Average.
            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 66, 67, and 72 accordingly, location of 11 Thorncliffe Park Drive overall can be described as Somewhat Walkable, Good Transit, and Very Bikeable.

            513 11 Thorncliffe Park Drive Listings History Powered By AIDA
            Thorncliffe Park, Toronto Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Toronto Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (104 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 4 to 5 properties like that to be sold in Thorncliffe Park during the next 30 days.
            Seasonal sales fluctuation is showing 60% inventory increase comparing to the average annual number, which is equvalent to 2.92 properties sold per month, and 40% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 21 days, which is 44% longer than it takes a similar home in Thorncliffe Park to sell, which is noticeably longer than recent sales average.
            Seasonal sales fluctuation is showing 18% D.O.M. increase comparing to the average annual number, which is equvalent to 12 D.O.M., and 16% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.26% above its asking price in Thorncliffe Park.
            The selling to asking price ratio is declining in Thorncliffe Park.
            Considering the fact that this property has already been on the market for 21 days, which is -44% longer than average number of days it takes a home to sell in Thorncliffe Park (14.6), this property may not sell above the asking price.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4948104 Comparative Market Analysis
            513 11 Thorncliffe Park Drive Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Thorncliffe Park, Toronto, to the City of Toronto for the projects listed on our site.

            Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

            Price Index 1y

            Price Index change was +13.51% comparig to the City of Toronto average of +6.325%

            Price Index 3y

            Price Index change was +51.41% comparig to the City of Toronto average of +6.38%

            Rent Index 1y

            Rent Index change was -1.76% comparig to the City of Toronto average of +1.165%

            Rent Index 3y

            Rent Index change was +51.41% comparig to the City of Toronto average of +6.38%

            Walkscore

            Walkscore 66 out of 100 means Somewhat Walkable

            Transitscore

            Transitscore 67 out of 100 means Good Transit

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 5.80 out of maximum 10 points

            Mortgage & Payments

            Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

            Mortgage & Payments Calculator
            Property Financing Details
            Land Transfer Tax & Closing Expenses
            Downpayment Details
            Use in monthly payment calculation:
            Mortgage & Financing Details

            Assuming Fixed Rate, Monthly Payments

            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

            Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

            Mortgage & Payments Summary

            Schools and Ratings

            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Demographics & Housing Statistics

            New
            $398,000
            2br 1ba 1000-1199sf

            Prop Tax

            $1,139

            Condo Fee

            $820

            Exposure

            Ne

            Mortg/m

            $ calculator

            WalkScore

            0

            Compare$414,143

            Please Login for the Map View

            $7,500 Cashback
            $499,999
            2br 2ba 800-899sf

            Prop Tax

            $1,937

            Condo Fee

            $684

            Exposure

            E

            Mortg/m

            $ calculator

            WalkScore

            0

            Compare$560,715

            Please Login for the Map View

            $6,400 Cashback
            $429,900
            2br 1ba 1000-1199sf

            Prop Tax

            $935

            Condo Fee

            $666

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            0

            Compare$403,608

            Please Login for the Map View

            $7,700 Cashback
            $514,900
            2+1br 2ba 1400-1599sf

            Prop Tax

            $1,691

            Condo Fee

            $935

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            0

            Compare$587,727

            Please Login for the Map View

            $6,700 Cashback
            $444,900
            2+1br 2ba 1400-1599sf

            Prop Tax

            $1,702

            Condo Fee

            $1202

            Exposure

            Nw

            Mortg/m

            $ calculator

            WalkScore

            76

            Compare$452,777

            Please Login for the Map View

            $8,100 Cashback
            $539,000
            2+1br 2ba 1000-1199sf

            Prop Tax

            $1,847

            Condo Fee

            $789

            Exposure

            Se

            Mortg/m

            $ calculator

            WalkScore

            60

            Compare$573,592

            Please Login for the Map View

            $6,900 Cashback
            $459,900
            2br 2ba 900-999sf

            Prop Tax

            $1,127

            Condo Fee

            $728

            Exposure

            Sw

            Mortg/m

            $ calculator

            WalkScore

            23

            Compare$451,344

            Please Login for the Map View

            $7,500 Cashback
            $499,900
            2+2br 2ba 1400-1599sf

            Prop Tax

            $1,817

            Condo Fee

            $1036

            Exposure

            Sw

            Mortg/m

            $ calculator

            WalkScore

            48

            Compare n/a

            Please Login for the Map View

            $6,700 Cashback
            $448,000
            2br 1ba 1000-1199sf

            Prop Tax

            $989

            Condo Fee

            $650

            Exposure

            N

            Mortg/m

            $ calculator

            WalkScore

            59

            Compare$354,332

            Please Login for the Map View

            $7,300 Cashback
            $489,000
            2br 1ba 900-999sf

            Prop Tax

            $1,121

            Condo Fee

            $813

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            72

            Compare$470,610

            Please Login for the Map View

            $8,300 Cashback
            $555,000
            2br 2ba 800-899sf

            Prop Tax

            $2,027

            Condo Fee

            $460

            Exposure

            Sw

            Mortg/m

            $ calculator

            WalkScore

            42

            Compare$551,604

            Please Login for the Map View

            $8,700 Cashback
            $579,000
            2br 2ba 800-899sf

            Prop Tax

            $2,100

            Condo Fee

            $539

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            56

            Compare n/a

            Please Login for the Map View