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$2,900,000
Toronto
11 Montressor Drive, Toronto (St. Andrew-Windfields), Ontario, M2P1Y9
This 5-bedroom, 4-bathroom home in Toronto is for sale offering roughly 3,250 sq ft of space. Listed at $2,900,000, it is attractively priced about 31% below the $4,198,000 median asking price in Toronto. It has been on the market 39 days, fresher than the Toronto average of 66 days.
Rarely available, this premium ravine-backed property presents an exceptional opportunity in the heart of St. Andrew-Windfields. Set on an approximately 12,800 sq. ft. lot, this may be one of the largest ravine lots in the area, offering exceptional privacy, a deep rear yard, mature landscaping, and a natural ravine setting rarely found in this sought-after neighbourhood.Build your dream home with the benefit of approved plans and permits already in place, making this a truly shovel-ready opportunity. Whether you're looking to bring the existing vision to life or create a custom residence of your own, the possibilities are exceptional.Surrounded by impressive custom homes and mature greenery, the property is ideally located near top-rated schools, Bayview Avenue amenities, York Mills, parks, and major transit routes.Opportunities to acquire a ravine lot of this size, with plans and permits in place, are exceptionally rare. A unique opportunity for an end-user, builder, or investor to secure a substantial parcel in one of North York's most established neighbourhoods. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 39 days on market, against an average age of 66 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 5-bed single family in Toronto (St. Andrew-Windfields) has been listed for 39 days, which is 27 days fresher than the city average of 66. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,900,000, about 24.2× the local median household income of $120,000.
Carrying it typically needs a household income of about $566,472 (20% down, 25-yr amortization, stress-tested) — roughly 372% above the area median.
Source: Statistics Canada, 2021 Census (FSA M2P)
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Loading rates, 30-yr amortization
Cash Needed to Close
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