$2,899,000

For sale

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120 & 122 Earlton Road, Toronto (Tam O'Shanter-Sullivan) - Single Family for Sale

120 & 122 Earlton Road, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T2R6

7 beds3 baths8 parking ft²

52 Shrewsbury Square, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T1L2

4 bd2 ba6 pk1,300 ft²Lot size 40 × 91 ft (3,640 sq ft)

Listed by SMART SOLD REALTY

18 Minnowburn Street, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T1Y8

For saleJust listed

4 days ago

$1.20M

18 Minnowburn Street, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T1Y8

7 bd3 ba3 pk1,300 ft²Lot size 50 × 123 ft (6,089 sq ft)

Listed by DREAM VALLEY REALTY INC.

21 Queenscourt Drive, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T2J4

For sale

8 days ago

$960K

21 Queenscourt Drive, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T2J4

4 bd2 ba4 pk1,750 ft²Lot size 60 × 110 ft (6,600 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

777 Huntingwood Drive, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T2L5

For sale

8 days ago

$989K

777 Huntingwood Drive, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T2L5

5 bd4 ba4 pk2,250 ft²Lot size 60 × 120 ft (7,200 sq ft)

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Investment analysis

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$2,899,000

Toronto

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Description

Attention Builders, Developers & Investors! Opportunity to acquire two adjoining properties at 120 & 122 Earlton Rd, offering a combined approximate lot area of 26,780 sq. ft. in Scarborough's Tam O'Shanter-Sullivan community, near Kennedy Rd and Hwy 401. Explore the potential for land assembly, severance or multi-unit redevelopment, subject to applicable approvals. Properties are available individually or together. Buyers and their agents to independently verify all measurements, zoning, permitted uses, servicing and development potential. (id:66096)

Property Details

MLS®: E14095998
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 5 above · 2 below
Bathrooms: 3
Parking: 8
Interior Size: 2,250 ft²
Lot Size: 124 × 202 ft (24,918 sq ft)
Frontage: 124 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $10,904/yr
Listed: 17 days ago

Market Timing

Days on market

17d

Toronto (Tam O'Shanter-Sullivan) listings, avg age

64d

Price / ft²

$1,288

List price

$2.90M

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 (M1T)

This home lists at $2,899,000, about 40.5× the local median household income of $71,500.

Carrying it typically needs a household income of about $566,276 (20% down, 25-yr amortization, stress-tested) — roughly 692% above the area median.

Median household income: $71,500
Population: 34,607
Median age: 44.8
Owner / renter: 52% / 48%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M1T)

$2,899,000· $1,288/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $579,800

Min 20%50%

Mortgage payment$12,364/mo

Property tax (est.)$909/mo

Total monthly$13,272

Cash Needed to Close

Down payment (20%)$579,800

Land transfer tax$117,900

Est. closing costs$11,197

Total cash needed$708,897

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

120 & 122 Earlton Road, Toronto (Tam O'Shanter-Sullivan) - Single Family for Sale

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