$999,999

For sale

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11 Centre Street, Toronto (Scarborough Village) - Single Family for Sale

11 Centre Street, Toronto (Scarborough Village), Ontario, M1J3B4

3 beds1 bath4 parking ft²

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4 bd5 ba6 pk2,750 ft²Lot size 45 × 120 ft (5,417 sq ft)

Listed by RE/MAX PREMIER INC.

41 Heathfield Drive, Toronto (Scarborough Village), Ontario, M1M3A9

For sale

7 days ago

$1.30M

41 Heathfield Drive, Toronto (Scarborough Village), Ontario, M1M3A9

5 bd4 ba4 pk4,250 ft²Lot size 61 × 152 ft (9,275 sq ft)

Listed by REAL ESTATE ADVISORS INC.

22 Gatesview Avenue, Toronto (Scarborough Village), Ontario, M1J3G5

For sale

11 days ago

$1.19M

22 Gatesview Avenue, Toronto (Scarborough Village), Ontario, M1J3G5

5 bd3 ba4 pk1,300 ft²Lot size 44 × 210 ft (9,160 sq ft)

Listed by CENTURY 21 PARKLAND LTD.

49 Greendowns Drive, Toronto (Scarborough Village), Ontario, M1M2G6

For sale

14 days ago

$1.35M

49 Greendowns Drive, Toronto (Scarborough Village), Ontario, M1M2G6

5 bd5 ba6 pk2,250 ft²Lot size 45 × 113 ft (5,074 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$999,999

Toronto

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50 × 192 ft (9,619 sq ft) lot size

Overview

This 3-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $999,999, it is attractively priced about 26% below the $1,349,000 median asking price in Toronto.

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Description

Opportunities like this don't come often! This 50.06 ft x192.0 ft lot only offers endless possibilities for developers, builders, and investors looking to maximize value in a prime location. Whether you're envisioning a luxurious custom home, a multi-unit development, or a profitable investment, maximize your investment with the possibility for land assembly withthe neighboring property creating an even larger development opportunities. This rare large lot offers excellent options for a family home, multi-unit investment, Act quickly, Near byChurches, mosque, supermarkets, schools, medical Clinic, TTC route, LRT future line, Etc. (id:66096)

Property Details

MLS®: E13580688
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 50 × 192 ft (9,619 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Electric
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,031/yr
Listed: 110 days ago

Rooms

Main level

Living room: 4.09 x 4.7 meters
Dining room: 3.6 x 3.65 meters
Kitchen: 3.6 x 3.1 meters
Primary Bedroom: 3.6 x 3.4 meters
Bedroom 2: 3.55 x 2.5 meters

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

Features

Foundation: Unknown
Exterior: Vinyl siding
Lot Features: Level lot

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

110d

Toronto (Scarborough Village) listings, avg age

49d

Price / ft²

$1,111

List price

$1000K

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 (Scarborough Village) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CENTURY 21 INNOVATIVE REALTY INC. · PERVEZ SHAFQAT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1J)

This home lists at $999,999, about 13.1× the local median household income of $76,500.

Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 155% above the area median.

Median household income: $76,500
Population: 37,002
Median age: 37.6
Owner / renter: 46% / 54%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M1J)

$999,999· $1,111/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,999.90

Min 7.50%50%

Mortgage payment$5,128/mo

↳ CMHC premium ($37,000 capitalized)

Property tax (est.)$253/mo

Total monthly$5,381

Cash Needed to Close

Down payment (7.50%)$75,000

Land transfer tax$32,950

Est. closing costs$5,500

Total cash needed$113,450

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice