$999,000

For sale

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12 Chatterton Boulevard, Toronto (Scarborough Village) - Single Family for Sale

12 Chatterton Boulevard, Toronto (Scarborough Village), Ontario, M1M2G2

3 beds1 bath3 parking ft²

70 Mason Road, Toronto (Scarborough Village), Ontario, M1M3R2

4 bd5 ba6 pk2,750 ft²Lot size 45 × 120 ft (5,417 sq ft)

Listed by RE/MAX PREMIER INC.

41 Heathfield Drive, Toronto (Scarborough Village), Ontario, M1M3A9

For sale

7 days ago

$1.30M

41 Heathfield Drive, Toronto (Scarborough Village), Ontario, M1M3A9

5 bd4 ba4 pk4,250 ft²Lot size 61 × 152 ft (9,275 sq ft)

Listed by REAL ESTATE ADVISORS INC.

22 Gatesview Avenue, Toronto (Scarborough Village), Ontario, M1J3G5

For sale

11 days ago

$1.19M

22 Gatesview Avenue, Toronto (Scarborough Village), Ontario, M1J3G5

5 bd3 ba4 pk1,300 ft²Lot size 44 × 210 ft (9,160 sq ft)

Listed by CENTURY 21 PARKLAND LTD.

49 Greendowns Drive, Toronto (Scarborough Village), Ontario, M1M2G6

For sale

14 days ago

$1.35M

49 Greendowns Drive, Toronto (Scarborough Village), Ontario, M1M2G6

5 bd5 ba6 pk2,250 ft²Lot size 45 × 113 ft (5,074 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$999,000

Toronto

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50 × 125 ft (6,250 sq ft) lot size

Overview

This 3-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $999,000, it is attractively priced about 26% below the $1,349,000 median asking price in Toronto. It has been on the market 45 days, fresher than the Toronto average of 49 days.

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Description

Builders, renovators, and investors. Create something exceptional in a prime location. Situated on a premium 50' x 125' lot backing onto a park, this property offers the opportunity to renovate or build a stunning 3,000 sq. ft. custom home. Permitted and approved drawings are in place. Property is being sold as-is, where-is. (id:66096)

Property Details

MLS®: E13810092
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 50 × 125 ft (6,250 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,163/yr
Listed: 45 days ago

Rooms

Main level

Bedroom: 3.6 x 3.2 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Toronto (Scarborough Village) listings, avg age

49d

Price / ft²

$1,110

List price

$999K

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 3-bed single family in Toronto (Scarborough Village) has been listed for 45 days, which is 4 days fresher than the city average of 49. Act while there is still low competition.

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Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED · STEPHANIE BINNS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1M)

This home lists at $999,000, about 11.5× the local median household income of $87,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 124% 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)

$999,000· $1,110/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$347/mo

Total monthly$5,470

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$32,910

Est. closing costs$5,497

Total cash needed$113,307

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