$1,049,000

For saleJust listed

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114 Eaton Avenue, Toronto (Danforth) - Single Family for Sale

114 Eaton Avenue, Toronto (Danforth), Ontario, M4J2Z7

2 beds1 bath parking

623 Milverton Boulevard, Toronto (Danforth), Ontario, M4C1X8

3 bd3 ba1 pk1,300 ft²Lot size 18 × 120 ft (2,136 sq ft)

Listed by HOMELIFE/VISION REALTY INC.

831 Pape Avenue, Toronto (Danforth), Ontario, M4K3T4

For saleJust listed

6 days ago

$1.13M

831 Pape Avenue, Toronto (Danforth), Ontario, M4K3T4

4 bd3 ba1,300 ft²Lot size 20 × 80 ft (1,600 sq ft)

Listed by JDL REALTY INC.

235 Glebeholme Boulevard, Toronto (Danforth), Ontario, M4J1T1

For sale

8 days ago

$1.05M

235 Glebeholme Boulevard, Toronto (Danforth), Ontario, M4J1T1

4 bd3 ba1 pk1,300 ft²Lot size 20 × 122 ft (2,440 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

259 Milverton Boulevard, Toronto (Danforth), Ontario, M4J1V6

For sale

9 days ago

$849K

259 Milverton Boulevard, Toronto (Danforth), Ontario, M4J1V6

3 bd2 ba900 ft²Lot size 19 × 120 ft (2,220 sq ft)

Listed by SAM MCDADI REAL ESTATE INC.

Investment analysis

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$1,049,000

Toronto

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Overview

This 2-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $1,049,000, it is attractively priced about 7% below the $1,129,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 42 days.

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Description

Permit-Ready Development Opportunity! Build Approximately 2,200 Sq. Ft. Plus a Legal 2-Bedroom Basement Apartment (Legal Duplex). An Exceptional Opportunity for Homeowners, Investors, Or Builders-Ideal to Live In, Rent Or Re-Build. Located in a Prime East York Neighbourhood, Just A Short Walk to Pape Subway Station and Within the Highly Sought-After Riverdale Collegiate School District. All permit Fees Have Been Paid, Allowing Construction to Begin Without Delay. Approved Permits Are in Place for a 4-Bedroom, 5-Bathroom Home with a Legal Secondary Suite. a Rare Turnkey Investment Opportunity in one of Toronto's Most Desirable Communities. (id:66096)

Property Details

MLS®: E14149958
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 900 ft²
Lot Size: 20 × 125 ft (2,500 sq ft)
Frontage: 20 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $1/yr
Listed: Today

Market Timing

Days on market

Toronto (Danforth) listings, avg age

42d

Price / ft²

$1,166

List price

$1.05M

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.

Area context

Neighbourhood profile (M4J)

This home lists at $1,049,000, about 11.3× the local median household income of $93,000.

Carrying it typically needs a household income of about $204,906 (20% down, 25-yr amortization, stress-tested) — roughly 120% above the area median.

Median household income: $93,000
Population: 35,128
Median age: 42
Owner / renter: 62% / 38%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4J)

$1,049,000· $1,166/ft²

For sale

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Full Cost Breakdown

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Down Payment7.62% · $79,900

Min 7.62%50%

Mortgage payment$5,373/mo

↳ CMHC premium ($38,764 capitalized)

Property tax (est.)$0/mo

Total monthly$5,373

Cash Needed to Close

Down payment (7.62%)$79,900

Land transfer tax$34,910

Est. closing costs$5,647

Total cash needed$120,457

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

114 Eaton Avenue, Toronto (Danforth) - Single Family for Sale

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