$1,099,900

For sale

14 David Drive, Toronto (Morningside) - Single Family for Sale

14 David Drive, Toronto (Morningside), Ontario, M1E5E4

8 beds5 baths8 parking2,750 ft²45 × 108 ft (4,830 sq ft) lot sizeListed 17 days ago

Overview

This 8-bedroom, 5-bathroom home in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 17 days, fresher than the Toronto average of 49 days.

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Description

Showstopper! Renovated from top to bottom, this impressive all-brick home offers 2,920 sq. ft. above grade with exceptional space and versatility.** 5 bedrooms above grade plus 4 bedrooms in the basement!** The main floor features a bedroom and 3-piece bathroom, ideal for guests or multigenerational living, plus an upgraded kitchen with a massive island and walkout to the backyard. Upstairs, four additional bedrooms provide plenty of room for the whole family. The basement features a two-bedroom apartment with a separate walk up entrance, offering potential for extended family or rental income, plus a separate area with two additional bedrooms for your own use. Extensive 2024 upgrades include the furnace, A/C, windows, patio door, front and side doors, tankless water heater, water softener, interlocking and much more! Double car garage plus six parking spaces in the driveway and no sidewalk.Conveniently located minutes from TTC, highways, schools, U of T Scarborough, Centennial College, hospital, shopping malls, and grocery stores. (id:66096)

Property Details

MLS®: E14094556
Property Type: Single Family
Bedrooms: 8
Beds (above / below): 5 above · 3 below
Bathrooms: 5
Parking: 8
Interior Size: 2,750 ft²
Lot Size: 45 × 108 ft (4,830 sq ft)
Frontage: 45 ft
Storeys: 2
Basement: Apartment in basement, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,131/yr

Rooms

Main level

Kitchen: 6.78 x 5.26 meters
Dining room: 3.66 x 3.43 meters
Family room: 5.31 x 3.58 meters
Laundry room: 2.51 x 2.16 meters
Living room: 5 x 3.43 meters
Bedroom 5: 3.58 x 2.74 meters

Second level

Den: 2.84 x 1.88 meters
Primary Bedroom: 6.71 x 5.36 meters
Bedroom 2: 3.66 x 3.58 meters
Bedroom 3: 3.66 x 3.58 meters

Features

Appliances: Washer, Water softener, Dryer, Oven - Built-In, Garage door opener remote(s), Water Heater - Tankless
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Toronto (Morningside) listings, avg age

49d

Price / ft²

$400

List price

$1.10M

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 8-bed single family in Toronto (Morningside) has been listed for 17 days, which is 32 days fresher than the city average of 49. Act while there is still low competition.

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Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD. · DILYAR MURAT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1E)

This home lists at $1,099,900, about 13.4× the local median household income of $82,000.

Carrying it typically needs a household income of about $214,849 (20% down, 25-yr amortization, stress-tested) — roughly 162% above the area median.

Median household income: $82,000
Population: 48,033
Median age: 41.2
Owner / renter: 63% / 37%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1E)

$1,099,900· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $84,990

Min 7.73%50%

Mortgage payment$5,627/mo

↳ CMHC premium ($40,596 capitalized)

Property tax (est.)$511/mo

Total monthly$6,138

Cash Needed to Close

Down payment (7.73%)$84,990

Land transfer tax$36,946

Est. closing costs$5,800

Total cash needed$127,736

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