$990,000

For sale

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

147 Earlton Road, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T2R8

3 beds2 baths4 parking1,300 ft²60 × 125 ft (7,500 sq ft) lot sizeListed 49 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $990,000, it is attractively priced about 7% below the $1,069,000 median asking price in Toronto. It has been on the market 49 days, fresher than the Toronto average of 63 days.

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Description

Prime Corner Lot - Unlimited Potential in the Heart of Scarborough! Located at the prestigious intersection of Sheppard & Kennedy, this rare corner lot offers an oversized property in an unbeatable location. Whether you're looking for a place to call home, a redevelopment project, or a commercial investment, the possibilities are endless. Ideal for living - With just a little touch-up, you can move in and enjoy comfort and convenience. Perfect for investment - Rebuild into a residential or commercial property, or explore other development options. Huge potential, with future appreciation that knows no bounds. Everyday convenience - Steps to schools, library, supermarket, and a major shopping mall. A bus stop right at your doorstep makes commuting a breeze. Private scenic views - Massive backyard with great sunlight and beautiful surroundings. The corner layout adds extra privacy and openness. This property offers both immediate livability and long-term investment returns. Come see it for yourself - you have to see it to believe it! (id:66096)

Property Details

MLS®: E13794316
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 60 × 125 ft (7,500 sq ft)
Frontage: 60 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $5,535/yr
Listed

Rooms

Ground level

Bedroom: 4 x 6 meters
Bedroom 2: 3.9 x 4.8 meters
Bedroom 3: 4.1 x 3.9 meters

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

Features

Appliances: Central Vacuum
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

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

63d

Price / ft²

$762

List price

$990K

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 (Tam O'Shanter-Sullivan) has been listed for 49 days, which is 14 days fresher than the city average of 63. Act while there is still low competition.

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Listed by MAPLE LIFE REALTY INC. · ALLEN ZHANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1T)

This home lists at $990,000, about 13.8× the local median household income of $71,500.

Carrying it typically needs a household income of about $193,382 (20% down, 25-yr amortization, stress-tested) — roughly 170% 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)

$990,000· $762/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.47% · $74,000

Min 7.47%50%

Mortgage payment$5,078/mo

↳ CMHC premium ($36,640 capitalized)

Property tax (est.)$461/mo

Total monthly$5,540

Cash Needed to Close

Down payment (7.47%)$74,000

Land transfer tax$32,550

Est. closing costs$5,470

Total cash needed$112,020

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