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              #403 234 Albion Road

              near 401 & Weston Rd
              $420,000 3+0bdr • 2ba • 1kit • 1000-1199sf
              Average Income
              $51,456
              Population Age
              33 y/old
              School Score
              7.90/10
              Price Index Change 1y
              +15.10%
              Price Index Change 3y
              -11.58%
              Rent Index Change 1y
              n/a
              Rent Index Change 3y
              n/a

              Condo Apt • Apartment #403 • 4 Level

              #403 234 Albion Road, Elms-Old Rexdale, Toronto
              • Rooms and Bathrooms 3+0 bedr, 2 bath
              • Kitchens 1
              • area 1000-1199
              • garage 1.0 Undergrnd
              • exposure Se
              • age n/a
              • locker Ensuite
              • possession

                Flexible

              $420,000

              $737.63
              Tax yr: 2020

              $916.21/m

              CALCULATED NUMBERS:

              $1576.00

              calculator

              $2450

              4

              28 Car-Dependent

              66 Good Transit

              43 Somewhat Bikeable

              7.90/10

              Location Details
              • Toronto

              • Toronto

              • Elms-Old Rexdale

              • 401 & Weston Rd

              • M9W6A5

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

              ROYAL LEPAGE FLOWER CITY REALTY, BROKERAGE

              Property Overview
              Bright And Spacious 3 Bedroom, 2 Washroom. Stunning View Of Humber River And Greenbelt New Large Balcony. Great Layout And Upgrades. Eat In Kitchen. Ensuite Laundry. One Parking Space. Exceptional Amenities. Close To Major Highways. Ttc At Door. Shops, Park. Maintenance Includes Hydro, Water, Heat, Central Air, Bldg. Insurance. Use Of Amenities. Close To Schools, Churches And Mosque.
              Extras: Fridge And Stove, Washer, Dryer, Elf's. Nicely Kept Building With Security System + Guards, Parking, Garage, Party Room, Outdoor Pool And Bicycle Room. Easy To Show.
              Rooms details
              Living
              • Flat Level
              • Combined W/Dining
              • Laminate
              • W/O To Balcony
              • Size 3.56x3.00
              Dining
              • Flat Level
              • Combined W/Dining
              • Laminate
              • Large Window
              • Size 3.56x3.00
              Kitchen
              • Flat Level
              • Eat-In Kitchen
              • Ceramic Floor
              • Breakfast Bar
              • Size 3.35x3.14
              Master
              • Flat Level
              • 2 Pc Ensuite
              • Porcelain Floor
              • W/I Closet
              • Size 4.30x3.20
              2nd Br
              • Flat Level
              • Laminate
              • Closet
              • Size 3.10x2.80
              3rd Br
              • Flat Level
              • Laminate
              • Closet
              • Size 3.74x3.10
              Basement
              • None
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              • Listing added to site: 2020-10-17 19:34:34
              • Last updated: 2020-10-18 00:14:52
              • Photos updated: 2020-10-17
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • 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
              Listing Overview

              General:

              403 234 Albion Road is a condo apt apartment, located in Elms-Old Rexdale of city of Toronto, Toronto region, near 401 & Weston Rd, and has been available for sale on CondosDirect since 2020-10-17. This unit is located at level 4 of the building and has South-East exposure of Albion Rd. Condo registry office is MTCC, corporation number 655.

              Lot Size and Living Area:

              403 234 Albion Road has 6+0 rooms in total, including 3+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 1000-1199 square feet.
              1.0 parking space(s) are exclusive and located undergrnd at level . The locker is ensuite. This condo has an ensuite laundry.

              Heating and Cooling:

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

              Listing Features:


              AIDA has also found the following features: Swimming Pool, and possible sellers motivation indicators such as Flexible Possession.

              Price & Cost Overview

              General:

              403 234 Albion Road condo apt is listed for $420,000. Property tax for year 2020 was $738. And the monthly maintenance fee was $916.

              Comparative Market Analysis:

              There are similar 3+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $390,109.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,576, and total expenses, including the mortgage, property tax and maintenance, fee around $1,714, assuming $420,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 403 234 Albion Road, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Elms-Old Rexdale, where 234 Albion Road is located, has $602,657 Home Price Index. Average household income at dissemination area of 234 Albion Road is $51,456, and average polulation age is 33 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,051,070, and average Home Rent Index $2,580.

              Similar Properties & Community Details:

              There are similar to 403 234 Albion Road 3 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 234 Albion Road.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Elms-Old Rexdale neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 234 Albion Road, or schools, which boundaries this address belongs to with an average School Score 7.90 out of 10. Here are more details about these schools:
              1. Braeburn Junior School (Grades JK-05), Public, Elementary, ranked as Excellent.
              2. Thistletown Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Good.
              ** 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 28, 66, and 43 accordingly, location of 234 Albion Road overall can be described as Car-Dependent, Good Transit, and Somewhat Bikeable.

              Elms-old Rexdale, 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 (103 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 3 to 4 properties like that to be sold in Elms-Old Rexdale during the next 30 days.
              Seasonal sales fluctuation is showing 16% inventory increase comparing to the average annual number, which is equvalent to 3.17 properties sold per month, and 58% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 9 days, which is 16 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 2% D.O.M. increase comparing to the average annual number, which is equvalent to 24 D.O.M., and -13% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell at 4.85% below its asking price in Elms-Old Rexdale.
              The selling to asking price ratio is slighyly growing, as this housing type demand remains stable in Elms-Old Rexdale.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4958041 Comparative Market Analysis
              403 234 Albion Road Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Elms-old Rexdale, 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 +15.10% comparig to the City of Toronto average of +6.15%

              Price Index 3y

              Price Index change was -11.58% comparig to the City of Toronto average of +6.955%

              Rent Index 1y

              No sufficient data available

              Rent Index 3y

              Rent Index change was -11.58% comparig to the City of Toronto average of +6.955%

              Walkscore

              Walkscore 28 out of 100 means Car-Dependent

              Transitscore

              Transitscore 66 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.90 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
              $389,900
              3br 2ba 1200-1399sf

              Prop Tax

              $515

              Condo Fee

              $718

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              48

              Compare$390,208

              New
              $369,000
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              Prop Tax

              $989

              Condo Fee

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              Exposure

              E

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              57

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              Condo Fee

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              Exposure

              W

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              WalkScore

              48

              Compare$535,486

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              $469,900
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              Prop Tax

              $1,500

              Condo Fee

              $804

              Exposure

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              82

              Compare n/a

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              57

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              Price -$6000
              $448,900
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