$699,000

For sale

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1197 Brimley Road, Toronto (Bendale) - Single Family for Sale

1197 Brimley Road, Toronto (Bendale), Ontario, M1P3G5

3 beds2 baths3 parking ft²

24 Aspendale Drive, Toronto (Bendale), Ontario, M1P4J6

4 bd2 ba4 pk1,300 ft²Lot size 43 × 150 ft (6,446 sq ft)

Listed by ROYAL LEPAGE SIGNATURE REALTY

97 Meldazy Drive West, Toronto (Bendale), Ontario, M1P4G2

For saleJust listed

3 days ago

$700K

97 Meldazy Drive West, Toronto (Bendale), Ontario, M1P4G2

4 bd2 ba3 pk900 ft²Lot size 46 × 110 ft (5,060 sq ft)

↓ $75K (7%) price drop

18 Roseglor Crescent, Toronto (Bendale), Ontario, M1P3T6

6 bd2 ba5 pk900 ft²Lot size 45 × 96 ft (4,311 sq ft)

Listed by RE/MAX ACE REALTY INC.

97 Birkdale Road, Toronto (Bendale), Ontario, M1P3R6

For sale

8 days ago

$557K

97 Birkdale Road, Toronto (Bendale), Ontario, M1P3R6

4 bd2 ba3 pk350 ft²Lot size 30 × 120 ft (3,600 sq ft)

Listed by RE/MAX REAL ESTATE CENTRE INC.

Investment analysis

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$699,000

Toronto

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Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $699,000, it is attractively priced about 29% below the $988,000 median asking price in Toronto. It has been on the market 35 days, fresher than the Toronto average of 69 days.

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Description

Prime Scarborough location! Conveniently located on Brimley Road, close to schools, parks, shopping, transit, and major commuter routes. Features a separate entrance to the basement, offering added flexibility and potential rental income opportunities. This property presents an excellent opportunity for renovators, handymen, contractors, and DIY enthusiasts looking to add value and customize a home to their vision. Property is being sold as is, where is, with no representations or warranties by the Seller. (id:66096)

Property Details

MLS®: E13856962
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 51 × 100 ft (5,130 sq ft)
Frontage: 51 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $4,074.42/yr
Listed: 35 days ago

Market Timing

Days on market

35d

Toronto (Bendale) listings, avg age

69d

Price / ft²

$777

List price

$699K

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 (M1P)

This home lists at $699,000, about 9.2× the local median household income of $76,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 80% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$699,000· $777/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$340/mo

Total monthly$3,966

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$20,910

Est. closing costs$4,597

Total cash needed$70,407

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

1197 Brimley Road, Toronto (Bendale) - Single Family for Sale

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Description

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Neighbourhood profile (M1P)

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