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Unit 802 at 20 Gilder Drive

Sold

20 Gilder Drive 802, Toronto E08, ON M1K 5E1

MLS #E9367847

$420,000

Sold on November 28, 2024

November 28, 2024

Originally listed at $447,999 25 days on market

About This Property

Discover the potential of Handyman's dream or First Time Buyers starter home, or simply looking for BRRRR Properties! Look No further, conveniently located, End Unit North East view 3 generous size bedrooms, 2 bath Condo on the 8th Floor, comes with 1 Underground Car Parking, with plenty of storage, perfectly nestled in a vibrant, sought-after neighbourhood, this bright and airy home features and offers an easy commute to everywhere. Priced below market value, this Condo is an exceptional opportunity for home flippers and fixer-uppers, presenting significant potential for profit with the right renovations. Imagine transforming this property, taking inspiration from successful flips in the booming neighbourhood, and enhancing its value with strategic updates. First-time buyers will find this Condo incredibly appealing due to its affordability Over 1200 SQF of Living Space and the chance to personalize and create a dream starter home. The generous living and dining areas are perfect for entertaining or simply enjoying quiet nights at home. For Big families, the Dining room may also be used as a Den. With various financing options and first-time buyer programs available, stepping into homeownership has never been easier. Handyman dream home seekers will relish the DIY potential of this Condo, offering endless possibilities to customize and improve, while located in the prime transit hub. Investors will be drawn to the promising rental income potential, backed by strong local real estate trends indicating an appreciating market. This Condo is close to schools, parks, shopping centers, plazas, Community centre, hospital, Kennedy Subway & Go Stations and public transportation, making it a desirable location for families and commuters alike. Future developments in the area promise to boost property values further, enhancing the investment potential. The property's versatility caters to a broad range of buyers and investors, ensuring flexible usage and wide-ranging appeal!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1050/mo) and property tax ($1,209/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$345/sqft
Eglinton East
$495/sqft-30.3%
Toronto E08
$492/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1300 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

1200-1399 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeRadiant
StyleApartment
Ensuite LaundryNo
Corp #TSCC-214
MLS Size1200-1399
Listed OnSep 24, 2024
Maintenance Fees$1,050/month
Property Tax$1,209/year

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Rooms

NameSize (m)Size (ft)Features
Foyer(Flat)1.82 x 1.626.0 x 5.3-
Living Room(Flat)7.05 x 3.7623.1 x 12.3-
Dining Room(Flat)3.65 x 2.5812.0 x 8.5-
Kitchen(Flat)4.6 x 2.5215.1 x 8.3-
Primary Bedroom(Flat)4.98 x 4.6116.3 x 15.1-
Bedroom 2(Flat)4.69 x 3.0115.4 x 9.9-
Bedroom 3(Flat)4.69 x 2.9415.4 x 9.6-
Laundry(Flat)1.55 x 1.325.1 x 4.3-

Room Dimensions Available

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Price History

Original List Price

$447,999

Listed on Sep 24, 2024

Sold Price

$420,000

Sold on Nov 28, 2024

-$27,999

-6.2%

25 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building Name20 Gilder Drive
Address20 Gilder Drive, Toronto E08
Parking TypeUnderground

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About Unit 802 at 20 Gilder Drive

Unit 802 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 1200-1399 square feet located at 20 Gilder Drive, 20 Gilder Drive, Toronto E08. This unit is currently sold (sold for $420K).

About 20 Gilder Drive

20 Gilder Drive is located at 20 Gilder Drive, Toronto E08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Eglinton East Neighbourhood

This unit is located in Eglinton East, part of Toronto E08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at 20 Gilder Drive, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

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