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2020 Mcnicoll Avenue 319: leasehold condo for sale

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$629,000

3 bedrooms, 2 bathrooms, Leasehold Condo · Milliken · near Kennedy/McNicoll

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From the listing brokerage

Visit the REALTOR website for more information about this Listing. Welcome to Suite 319 at Mon Sheong Court, a life lease residence for adults 55+ at Kennedy & McNicoll. At 1,120 sq ft, the 2F+D is among the largest layouts in the building - 2 bedrooms plus a separate den, 2 full baths, ensuite laundry and a walk-out balcony. Renovated top to bottom and move-in ready. The new kitchen offers stone counters, a tiled backsplash, full-height cabinetry and stainless steel appliances; both bathrooms have been rebuilt with new vanities and full tile surrounds. Wide-plank flooring, fresh neutral paint and updated lighting run throughout. Purpose-built for independent living. The suite is entirely single-level and step-free, with open sight lines and easy circulation between rooms. Monitored emergency pull stations are fitted in the bedrooms and bathrooms, tied directly to the building's 24-hour response system. The main bath offers a walk-in shower with a built-in seat, a handheld sprayer on a slide bar and grab bars on three sides; safety grab bars are also fitted at the toilet in both bathrooms. Lever handles throughout. The living/dining room stretches 21 feet to a walk-out balcony, with picture windows framing a western view. Both bedrooms hold walk-in closets - the primary a generous 15' x 10'. The enclosed den suits a home office, hobby room or guest space. Underground garage parking and a storage locker included. A monthly fee of $1388.80 covers property taxes, hydro, water, heat, air conditioning and Rogers cable TV including the Fairchild channels. The building is built around its residents: 24-hour security, on-site medical clinic and pharmacy, cafeteria and dining room, exercise room, library, mahjong and card rooms, karaoke, ping pong and hair salon, plus a full calendar of social and cultural programs. Shuttle bus to groceries; meal delivery available. TTC at the door. Minutes to Pacific Mall, Asian supermarkets and Hwy 401. Some photos are virtually staged.

Facts on the listing

Square feet1000-1199
Approximate age16-30
StyleApartment
BasementNone
Parking spaces1
GarageUnderground
HeatingForced Air
CoolingCentral Air
Kitchens1
Maintenance fee$1,389
Property tax$2,328
Tax year2025
LockerExclusive
PetsYes-with Restrictions
ExposureWest
Fee includesHeat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included, Condo Taxes Included
Building amenitiesConcierge, Exercise Room, Party Room/Meeting Room, Recreation Room, Visitor Parking
BalconyOpen
LaundryLaundry Closet
Interior featuresCountertop Range
FeaturesPark, Place Of Worship, Public Transit, Rec./Commun.Centre
ViewCity, Park/Greenbelt
Floor3

Listing courtesy of EASY LIST REALTY LTD.. MLS® E13629702.

About this leasehold condo

2020 Mcnicoll Avenue 319 is a 3 bedroom leasehold condo in TRREB's Milliken community in Toronto, listed for sale at $629,000. The listing shows 2 bathrooms and 1000-1199 square feet. The style is given as apartment. The unit faces west. It comes with 1 parking space, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is Kennedy/McNicoll. The age is listed as 16-30 years.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

Building amenities on the listing: concierge, exercise room, party room/meeting room, recreation room and visitor parking.

What it costs to buy 2020 Mcnicoll Avenue 319

At the asking price of $629,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$629,000
Ontario land transfer tax$9,055
Toronto municipal land transfer tax$9,055
Both taxes$18,110
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$37,900

The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$1,389 a month
Property tax (2025)$2,328 a year, about $194 a month
Fee and tax togetherabout $1,583 a month

The listing says the maintenance fee includes heat, hydro, water, cable tv, cac, common elements, building insurance, parking and condo taxes. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
  3. Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
  4. Check the reserve fund study. Ask when the last study was done and what it says about contributions.
  5. Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
  6. See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

Toronto neighbourhoods and prices

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Questions about 2020 Mcnicoll Avenue 319

How much is land transfer tax on 2020 Mcnicoll Avenue 319?

At the asking price of $629,000 the Ontario tax is $9,055 and the Toronto tax is $9,055, $18,110 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 2020 Mcnicoll Avenue 319?

$37,900 at the asking price of $629,000, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 2020 Mcnicoll Avenue 319?

The listing shows $1,389 a month, including heat, hydro, water, cable tv, cac, common elements, building insurance, parking and condo taxes. Check the current fee in the status certificate.

How much is the property tax on 2020 Mcnicoll Avenue 319?

The listing shows $2,328 a year for 2025, about $194 a month.

How do I book a showing for 2020 Mcnicoll Avenue 319?

Use the form on this page or call us. Quote MLS® E13629702. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 2020 Mcnicoll Avenue 319 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

Send your details and we will get back to you about this listing. The address of this page, with its MLS® number, is sent with your message.

We reply to every message ourselves. Nothing here is legal, tax, mortgage or investment advice.

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