15-35 Viking Lane

Toronto, ON M9B 0A4

Condo Apt

This Viking Lane Condo Report is based upon all Activity since June 1 2021 to October 13 of this year. All bedrooms and maintance fees are includes so you can compare . We can send you a link for the online version or pdf by email.

Narrative

How's the Market?


Kathy and Lauren Gordon

Dec, 02 2021

There are only 4 properties available on the market at this time.

Of the properties that have been newly listed, 88.89% have sold as we have seen 32 of the 36 listings sell. At this time, no other sales have occurred. We have seen 11 properties sell for above the value that they were listed at and 17 properties sell for under the value that they were listed at while 4 properties have sold at their asking price. There has been an average sales price of $662,688 which is a 0.49% decrease from the MLS® wide year-to-date average sales price of $665,920. The median sales price is $645,500 and has decreased by 28.44% when compared to the MLS® wide year-to-date median sales price of $902,050. As of now, the total sales volume is $21,206,000. However, there has also been an MLS® wide year-to-date total sales volume of $144,314,287,780. Right now, we are seeing an average days on market of 19, a median days on market of 10, an average asking to selling ratio of 1.0095 and a median asking to selling ratio of 0.9986.

Statistics

Metric Breakdowns


Below are the key metrics in your report.

$653,750
Average Price
$645,000
Median Price
$1,200,000
Highest Price
$510,000
Lowest Price

The average sale price of all properties that have been sold is $662,688

The average sale price per interior square foot per of all properties that have been sold is $789.06

Living Costs

Affordability


How much is the cost of living in your area? Calculate your mortgage, property tax, insurance and utility expenses using the form below.

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Principal & Interest
Maintenance Fees
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Properties

All Listings


Below is a list of all listings that your agent has included in the report. These listings are used to calculate the various metrics and statistics throughout the report.

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Mortgage Cost

Financing Information


Estimate your monthly cost of ownership using values extracted from the market. These values are based on the average price of all listings within this report.

Scenario 1
Minimum Down Payment

Purchase Price 855000
- Down Payment (7.08%)
+ CMHC Insurance Premium 31780
= Total Mortgage Required 826280
Mortgage Rate 0.0199
Amortization Period
Monthly Mortgage Payment 3498.202357432

Scenario 2
20% Down Payment

Purchase Price 855000
- Down Payment (20%)
+ CMHC Insurance Premium --
= Total Mortgage Required 684000
Mortgage Rate 0.0264
Amortization Period
Monthly Mortgage Payment 2752.677250346

7.08% Down Payment (Minimum)
Rates Starting from:

Fixed Rate (5 Years) 0.0199
Variable Rate (5 Years) 0.015

20% or More Down Payment
Avoid CMHC Insurance Premium

Fixed Rate (5 Years) 0.0264
Variable Rate (5 Years) 0.0145

LOUIS AMARAL

Licensed Mortgage Agent

MAKING MORTGAGES SIMPLE

Louis will take the time to understand your specific needs and work with you to determine the best solution for YOU! Whether purchasing your first home, renewing your mortgage or using the equity in your home to consolidate higher-interest debt. If you are looking for a mortgage agent that is passionate about helping their clients, is committed to going the extra mile to provide you with the best possible service and experience and is not afraid to think ‘outside the box’ to get things done.

APPLY NOW & GET FULLY QUALIFIED FOR YOUR FIRM APPROVAL!

LOUIS AMARAL

louis@citadelmortgages.ca

(647) 957-9498

This information may be downloaded and printed in the provided format. However, the information may not be sold, license distributed, reproduced or otherwise used for commercial purposes, except with the express written permission of the Association. All data from the Multiple Listing Service® System. Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Powered by Trenlii.