114 Mintwood Drive, Toronto (Bayview Woods-Steeles), Ontario, M2M3A8
$988,888
Toronto
This 7-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $988,888, it is attractively priced about 34% below the $1,498,888 median asking price in Toronto. It has been on the market 15 days, fresher than the Toronto average of 41 days.
~~ RARE OPPORTUNITY ~~ - LIVE, RENT & INVEST! IDEAL STARTER HOME WITH INCOME POTENTIAL! Whether you're a first-time homebuyer, growing family, or savvy investor, this versatile 7-bedroom property offers an incredible opportunity to enter the real estate market, generate rental income, and build long-term equity! ~~ BRING YOUR VISION!~~ This property requires TLC and presents the perfect opportunity to renovate, customize, and upgrade to your personal taste while unlocking its full potential. Create your dream home while benefiting from the flexibility of additional living space and income-generating opportunities. ~~ PROPERTY HIGHLIGHTS~~ :Upper Levels: 5 bedrooms, 2 washrooms, 1 kitchen. Lower Levels: 2 bedrooms, 1 washroom, 1 kitchen. ~~ RENTAL INCOME POTENTIAL~~ : Up to $7,000/month (subject to market conditions and applicable rental requirements). ~~ FLEXIBLE LIVING~~ : Live in one portion and potentially rent out the other to help offset mortgage expenses, or explore full-property investment opportunities. ~~ VALUE-ADD POTENTIAL~~ : Renovate and personalize to your liking while building equity through strategic improvements. ~~ PRIME LOCATION~~ ! Conveniently situated near Canadian Memorial Chiropractic College (CMCC), Tyndale University, Seneca College Newnham Campus, shopping, amenities, and TTC transit connections, making this an attractive location for homeowners, students, and tenants alike. ~~ WHY PAY SOMEONE ELSE'S MORTGAGE WHEN YOU CAN BUILD YOUR OWN EQUITY? ~~ An excellent opportunity for first-time buyers looking to make homeownership more affordable, families seeking flexible living arrangements, or investors looking for a property with significant upside potential. ~~ DON'T MISS THIS OPPORTUNITY TO TRANSFORM A PROPERTY INTO YOUR IDEAL HOME AND LONG-TERM INVESTMENT! ~~ Bring your creativity, add your personal touches, and unlock the possibilities! (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: 15 days on market, against an average age of 41 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 7-bed single family in Toronto (Bayview Woods-Steeles) has been listed for 15 days, which is 26 days fresher than the city average of 41. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $988,888, about 12.2× the local median household income of $81,000.
Carrying it typically needs a household income of about $193,164 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.
Source: Statistics Canada, 2021 Census (FSA M2M)
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