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New3 hours ago

505 - 16 McAdam Avenue

Yorkdale-Glen Park, Toronto

$429,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

LOCATION, LOCATION, LOCATION! Welcome to Unit 505 at 16 McAdam Avenue, located directly across from Yorkdale Shopping Centre in one of Toronto's most convenient and desirable locations! This beautifully designed 1 Bedroom + Den, 1 Bathroom condo offers the perfect combination of modern living, comfort, and exceptional accessibility. Featuring a bright, open-concept living and dining area, floor-to-ceiling windows, contemporary kitchen with stainless steel appliances and stone countertops, and a private balcony, this thoughtfully designed suite offers both style and functionality. The versatile den is ideal for a home office or additional living space, while the spacious bedroom provides a comfortable retreat. Enjoy the added convenience of 1 underground parking space, 1 storage locker, and ensuite laundry. Maintenance fees include HEAT and WATER, with electricity paid separately. Situated in a quiet, boutique-style condominium building with a more intimate residential atmosphere than larger high-rise developments, this property offers an excellent balance of privacy and convenience. UNBEATABLE LOCATION! Just steps from Yorkdale Shopping Centre, Costco, restaurants, shopping, and everyday essentials. Commuters will appreciate immediate access to Highway 401, Allen Road, Yorkdale Subway Station, TTC transit, and nearby GO Transit connections, making travel throughout Toronto and the GTA incredibly convenient. Schools, parks, hospitals, and other essential amenities are also within easy reach. Whether you're a first-time buyer, young professional, downsizer, or investor, this is an exceptional opportunity to own a stylish condo in a highly accessible Toronto location. Photos are virtually staged. Don't miss it!

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$827
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,639
mls© NumberW14181890
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included
Parking Included
Building Insurance Included
Common Elements Included

Listing History

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  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,196
Property tax
$220
Heat allowance
$150
Condo fees, half counted
$414
Housing costs
$2,979 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $85,800
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$1,805 / mo
Cash down
$85,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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