$999,000

For saleJust listed

102 Edgecroft Road, Toronto (Stonegate-Queensway) - Single Family for Sale

102 Edgecroft Road, Toronto (Stonegate-Queensway), Ontario, M8Z2C3

3 beds1 bath4 parking900 ft²41 × 125 ft (5,175 sq ft) lot sizeListed Yesterday

Overview

This 3-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $999,000, it is attractively priced about 38% below the $1,599,900 median asking price in Toronto. It has been on the market 1 day, fresher than the Toronto average of 50 days.

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Description

Welcome To 102 Edgecroft Road - A Recently Updated 3-Bedroom Bungalow On One Of The Most Desirable Streets In Stonegate-Queensway. Set On A Quiet, Tree-Lined Street Surrounded By Beautiful Custom Homes, This Property Offers The Rare Flexibility To Move In And Enjoy Today, Renovate Or Expand Over Time, Or Build A Brand-New Custom Residence In A Neighbourhood Where Newly Built Homes Have Sold For Over $3 Million. The Bright And Functional Main Level Has Been Freshly Painted And Features New Flooring And A Renovated Bathroom, Creating A Clean And Comfortable Home Ready For Its Next Owner. The Property Also Offers A Private Driveway With Parking For Multiple Vehicles, A Separate Basement Entrance, And An Unfinished Lower Level With Excellent Future Potential. Enjoy A Sought-After Family-Friendly Location Close To Highly Rated Schools, Parks, Norseman Community Centre, Restaurants, Shopping, Transit, Major Highways, Downtown Toronto And Pearson Airport. An Outstanding Opportunity For End Users, Builders, Renovators And Investors To Secure A Property With Immediate Use And Exceptional Long-Term Potential. (id:66096)

Property Details

MLS®: W14151646
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 41 × 125 ft (5,175 sq ft)
Frontage: 41 ft
Basement: Separate entrance, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $5,022/yr
Listed: Yesterday

Rooms

Main level

Kitchen: 3.17 x 2.74 meters
Dining room: 2.86 x 2.62 meters
Living room: 4.57 x 3.84 meters
Bedroom: 3.5 x 3.05 meters
Bedroom 2: 2.95 x 3.38 meters
Bedroom 3: 2.92 x 3 meters
Bathroom: 2.56 x 1.52 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Stonegate-Queensway) listings, avg age

50d

Price / ft²

$1,110

List price

$999K

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.

Haho

This 3-bed single family in Toronto (Stonegate-Queensway) has been listed for 1 day, which is 49 days fresher than the city average of 50. Act while there is still low competition.

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Listed by REALTY ONE GROUP FLAGSHIP · JP VANKWANI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Z)

This home lists at $999,000, about 9.0× the local median household income of $111,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.

Median household income: $111,000
Population: 19,312
Median age: 40.4
Owner / renter: 80% / 20%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M8Z)

$999,000· $1,110/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$419/mo

Total monthly$5,542

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$32,910

Est. closing costs$5,497

Total cash needed$113,307

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