$1,549,000

For sale

118 Harewood Avenue, Toronto (Cliffcrest) - Single Family for Sale

118 Harewood Avenue, Toronto (Cliffcrest), Ontario, M1M2R5

7 beds6 baths5 parking2,750 ft²48 × 125 ft (5,960 sq ft) lot sizeListed 12 days ago

Overview

This 7-bedroom, 6-bathroom home in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 12 days, fresher than the Toronto average of 59 days.

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Description

Exceptional custom-built detached home in desirable Cliffcrest! This spacious family home offers 4 bedrooms & 3 full baths upstairs, 10 ft ceiling on main floor, with convenient separate laundry. The main floor features a welcoming foyer, living & dining rooms, well-appointed kitchen, family room & powder room. The finished basement with separate entrance offers 3bedrooms, 2 full baths, kitchen & laundry-ideal for extended family or potential rental use, subject to applicable requirements. Enjoy a beautiful private backyard with a large wooden deck, garden shed & no homes directly behind, creating a peaceful open setting. No sidewalk provides added parking convenience. Walking distance to schools, including H.A. Halbert Jr. PS and R.H. King Academy, with shopping, transit, parks and everyday amenities nearby. A rare opportunity offering exceptional space, privacy, flexibility and income potential in a sought-after Scarborough location! (id:66096)

Property Details

MLS®: E14110474
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 4 above · 3 below
Bathrooms: 6
Half Baths: 1
Parking: 5
Interior Size: 2,750 ft²
Lot Size: 48 × 125 ft (5,960 sq ft)
Frontage: 48 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 4.12 x 4.03 meters
Dining room: 3.91 x 3.76 meters
Kitchen: 4.15 x 4.08 meters
Eating area: 4.13 x 2.35 meters
Family room: 3.98 x 3.31 meters

Basement

Kitchen: 2.37 x 1.52 meters
Bedroom: 3.65 x 3.65 meters
Bedroom: 2.44 x 2.35 meters
Bedroom: 3.78 x 2.16 meters
Recreational, Games room: 5.64 x 3.31 meters

Features

Appliances: Water meter, Central Vacuum, Water Heater
Flooring: Tile, Hardwood
Foundation: Concrete
Exterior: Stucco
Lot Features: Carpet Free

Services

Water: Municipal water, Unknown
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Toronto (Cliffcrest) listings, avg age

59d

Price / ft²

$563

List price

$1.55M

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 7-bed single family in Toronto (Cliffcrest) has been listed for 12 days, which is 47 days fresher than the city average of 59. Act while there is still low competition.

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Listed by RE/MAX COMMUNITY REALTY INC. · VISHY SESHADRI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1M)

This home lists at $1,549,000, about 17.8× the local median household income of $87,000.

Carrying it typically needs a household income of about $302,574 (20% down, 25-yr amortization, stress-tested) — roughly 248% above the area median.

Median household income: $87,000
Population: 23,258
Median age: 44.4
Owner / renter: 63% / 37%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1M)

$1,549,000· $563/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $309,800

Min 20%50%

Mortgage payment$6,606/mo

Property tax (est.)$653/mo

Total monthly$7,259

Cash Needed to Close

Down payment (20%)$309,800

Land transfer tax$54,910

Est. closing costs$7,147

Total cash needed$371,857

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