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    304 - 222 Finch Ave W

    For Sale222 Finch West Condos
    $499,000
    1 Bed + 1
    1 Bath
    1 Parking
    600 - 699 SQFT
    57 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $810/mth
    Taxes:
    $2,129 (2023)
    Cost Per Sqft:
    $714 - $832/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    October 5, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    Laminate, Built-in Closet, Large Window
    11.35 x 9.94ft
    Den
    Laminate, Sliding Doors
    9.51 x 6.56ft
    Living
    Laminate, Open Concept, Walkout To Balcony
    13.78 x 12.8ft

    About this Listing

    Location Location Location! Discover your new home at 222 Finch Ave W! This charming 1+1 apartment, unbeatable pricing below comparable market prices in the Yonge and Finch area, is a hidden gem ideal for first-time homebuyers. Enjoy a bright living space with a versatile den featuring sliding doors that can serve as a secondary bedroom, home office, or study. With its generous space, this unit is perfect for young families or student rentals, ensuring a steady income stream. Situated in a vibrant community with top schools, parks, dining, and public transportation nearby, this affordable luxury alleviates mortgage stress while offering modern comforts. Don't miss this unbeatable opportunity to become a home-owner!! ** Parking and Locker Included**

    ExtrasNew Commerical Grade Fan Installed (2024), Den Sliding Door Installed (2024), New Painting, New Samsung S/S Oven and Fridge (2023)

    search realtyMLS® #C9299814


    Amenities

    Party Room
    Rec Room
    Security System
    Visitor Parking

    Explore Neighbourhood

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,570
    Average Individual Income
    $67,675
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $115,798
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    6%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    51%
    Semi Detached
    20%
    Low Rise Apartment
    12%
    High Rise Apartment
    7%
    Duplex
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    54%
    Cantonese
    17%
    Mandarin
    13%
    Other
    12%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    20%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    222 Finch West Condos vs The Newtonbrook Area

    Days on Strata

    Units at 222 Finch West Condos spend an average of
    85
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Newtonbrook

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -32%
    Decrease in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 41 condos in the Newtonbrook area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    222 Finch West Condos offers the
    ?
    best value out of 41 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    222 Finch West Condos has the
    ?
    highest ROI out of 41 condos in the Newtonbrook neighbourhood

    Rental Yield

    222 Finch West Condos yields the
    ?
    highest rent prices out of 41 condos in the Newtonbrook neighbourhood

    High Demand

    222 Finch West Condos is the
    ?
    most popular building out of 41 condos in the Newtonbrook neighbourhood

    Transaction Insights at 222 Finch Avenue W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$510,000No Data$623,000
    Avg. Cost Per SqftNo DataNo Data$856No Data$583
    Avg. Wait for Unit Availability272 Days473 Days1294 DaysNo Data1405 Days
    Ratio of Units in Building54%16%20%4%8%

    Transactions vs Inventory

    Total number of units listed and sold in Newtonbrook