$599,000

For sale

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137 King Edward Avenue, Toronto (Woodbine-Lumsden) - Single Family for Sale

137 King Edward Avenue, Toronto (Woodbine-Lumsden), Ontario, M4C5J7

4 beds baths

233 Cedarvale Avenue, Toronto (Woodbine-Lumsden), Ontario, M4C4K3

2 bd2 ba1 pk900 ft²Lot size 20 × 163 ft (3,260 sq ft)

Listed by ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY

43 Everett Crescent, Toronto (Woodbine-Lumsden), Ontario, M4C4P4

For saleJust listed

Yesterday

$1.40M

43 Everett Crescent, Toronto (Woodbine-Lumsden), Ontario, M4C4P4

5 bd4 ba1 pk1,750 ft²Lot size 25 × 100 ft (2,500 sq ft)

Listed by ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY

47 King Edward Avenue, Toronto (Woodbine-Lumsden), Ontario, M4C5J5

For saleJust listed

6 days ago

$1.40M

47 King Edward Avenue, Toronto (Woodbine-Lumsden), Ontario, M4C5J5

3 bd2 ba1 pk1,750 ft²Lot size 25 × 127 ft (3,163 sq ft)

Listed by CENTURY 21 PARKLAND LTD.

1263 Woodbine Avenue, Toronto (Woodbine-Lumsden), Ontario, M4C4E5

For sale

8 days ago

$999K

1263 Woodbine Avenue, Toronto (Woodbine-Lumsden), Ontario, M4C4E5

3 bd3 ba1,750 ft²Lot size 17 × 95 ft (1,644 sq ft)

Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED

Investment analysis

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$599,000

Toronto

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18 × 126 ft (2,212 sq ft) lot size

Overview

This 4-bedroom home in Toronto is for sale offering roughly 350 sq ft of space. Listed at $599,000, it is attractively priced about 37% below the $949,000 median asking price in Toronto.

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Description

**Welcome to 137 King Edward Avenue!** An exciting opportunity to build your dream custom home on a vacant lot in an amazing and well-established neighborhood. This property is **ready for construction with a city-approved design**, making it an excellent opportunity for builders, investors, or families looking to create a home tailored to their needs. The approved design offers approximately **1,700 sq. ft. of modern living space** with an open-concept layout featuring a spacious living room, family room, and kitchen. The planned home also includes a **separate basement entrance** with a one-bedroom basement unit, offering excellent potential for an in-law suite, extended family, or additional rental income. Situated in a **wonderful community with friendly neighbors**, this property offers exceptional convenience. Enjoy easy access to the **DVP** and be just steps away from **schools, parks, TTC, shops, restaurants, and local farmers' markets**.A rare opportunity to build a modern custom home in a fantastic location. **Bring your vision to life at 137 King Edward Avenue!** (id:66096)

Property Details

MLS®: E13726010
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 0
Parking: 0
Interior Size: 350 ft²
Lot Size: 18 × 126 ft (2,212 sq ft)
Frontage: 18 ft
Storeys: 2
Basement: None
Heating: Other, Other
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,828.88/yr
Listed: 68 days ago

Features

Lot Features: Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

68d

Toronto (Woodbine-Lumsden) listings, avg age

43d

Price / ft²

$1,714

List price

$599K

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 4-bed single family in Toronto (Woodbine-Lumsden) 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 ROYAL LEPAGE VISION REALTY · MOBINUL ISLAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4C)

This home lists at $599,000, about 7.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $83,000
Population: 46,440
Median age: 40
Owner / renter: 53% / 47%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4C)

$599,000· $1,714/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$319/mo

Total monthly$3,447

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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