$899,000
Toronto
1 Mayo Drive, Toronto (Rustic), Ontario, M6L2X1
This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $899,000, it is attractively priced about 18% below the $1,099,000 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 38 days.
Rare Detached Home on an Exceptional 42' x 177' Lot! Welcome to this versatile detached 3-bedroom home, ideally situated on a quiet, child-friendly cul-de-sac and adjacent to the desirable Maple Leaf Park. Set on an impressive 42-foot frontage with approximately 177 feet of depth, this property offers an abundance of space, privacy, parking, storage, and potential.The main floor features hardwood flooring throughout, with the exception of the kitchen, which offers durable ceramic flooring, and the living room, where broadloom is laid over the hardwood. The spacious layout includes a third bedroom converted from the original dining room, providing excellent flexibility for a growing family, home office, or guest room.The home offers three separate entrances - front, side, & rear - providing convenient access and excellent potential for a variety of living arrangements. The fully finished basement adds even more usable space, featuring a second eat-in kitchen, large recreation room, second bathroom, and two generously sized cantinas/storage areas.One of the property's standout features is the rare detached tandem garage, approximately 30' x 16', ideal for the hobbyist, car enthusiast, workshop, or additional storage. The private driveway provides parking for approximately four vehicles.The exceptionally deep lot continues to impress, with a large rear building spanning approximately 43 feet across the rear of the property, offering substantial additional storage or hobby space. A glass greenhouse provides a dedicated space for gardening and protecting plants during colder weather. The expansive yard offers plenty of room for outdoor enjoyment, gardening, storage, and a variety of uses. Located steps from Maple Leaf Park, Rustic Bakery, St. Fidelis school, Humber Memorial Hospital, major transportation routes, Highways 401 & 400.This home combines space, convenience, & unique features that are increasingly difficult to find in a detached property. A Rare find (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 16 days on market, against an average age of 38 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Toronto (Rustic) has been listed for 16 days, which is 22 days fresher than the city average of 38. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $899,000, about 12.1× the local median household income of $74,000.
Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 137% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6L)
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