$799,000

For sale

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12 Whitaker Avenue, Toronto (Niagara) - Single Family for Sale

12 Whitaker Avenue, Toronto (Niagara), Ontario, M6J1A1

2 beds1 bath1 parking ft²

#1405 30 Ordnance Street, Toronto (Niagara), Ontario, M6K1A2

1 bd1 ba550 ft²

Listed by RE/MAX WEST REALTY INC.

121 Niagara Street, Toronto (Niagara), Ontario, M5V1C7

For sale

7 days ago

$1.45M

121 Niagara Street, Toronto (Niagara), Ontario, M5V1C7

7 bd3 ba2 pk1,300 ft²Lot size 17 × 100 ft (1,720 sq ft)

Listed by FOREST HILL REAL ESTATE INC.

153 Strachan Avenue, Toronto (Niagara), Ontario, M6J2S8

For sale

8 days ago

$1.98M

153 Strachan Avenue, Toronto (Niagara), Ontario, M6J2S8

1 bd1 ba2 pk350 ft²Lot size 24 × 120 ft (2,892 sq ft)

Listed by HARVEY KALLES REAL ESTATE LTD.

758 Richmond Street West, Toronto (Niagara), Ontario, M6J1C5

For sale

12 days ago

$1.30M

758 Richmond Street West, Toronto (Niagara), Ontario, M6J1C5

4 bd3 ba1 pk1,300 ft²Lot size 15 × 98 ft (1,463 sq ft)

Listed by WEISS REALTY LTD.

Investment analysis

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$799,000

Toronto

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12 × 80 ft (960 sq ft) lot size

Overview

This 2-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $799,000, it is attractively priced about 33% below the $1,199,000 median asking price in Toronto.

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Description

Tremendous upside and development potential with this end-of-row freehold property with laneway in one of Downtown's absolute best locations!! Property being sold "as-is, where-is". An application to the Committee of Adjustments has been made for a 50 foot long 3-storey family home with full basement and parking at the back and separate entrance to the lower level from ther front (3 bed, 4 bath 1,700SF above grade + 600SF basement). Application has not been approved yet. Across the street from one of Downtown's most expensive homes to have sold. A short walk to Trinity-Bellwoods Park, Ossington Strip, Stanley Park, King & Queen West, Financial District, Gardener and Billy Bishop City Airport! (id:66096)

Property Details

MLS®: C13729338
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 900 ft²
Lot Size: 12 × 80 ft (960 sq ft)
Frontage: 12 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $5,444.55/yr
Listed: 65 days ago

Features

Foundation: Brick
Exterior: Vinyl siding
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

65d

Toronto (Niagara) listings, avg age

49d

Price / ft²

$888

List price

$799K

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 2-bed single family in Toronto (Niagara) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HARVEY KALLES REAL ESTATE LTD. · DUNCAN JAMES CAMERON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $799,000, about 8.9× the local median household income of $90,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 73% above the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$799,000· $888/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$454/mo

Total monthly$4,579

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$24,910

Est. closing costs$4,897

Total cash needed$84,707

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