$929,000

For sale

16 Gambello Crescent, Toronto (York University Heights) - Single Family for Sale

16 Gambello Crescent, Toronto (York University Heights), Ontario, M3J1W3

4 beds2 baths4 parking58 × 91 ft (5,290 sq ft) lot sizeListed 188 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale. Listed at $929,000, it is attractively priced about 22% below the $1,189,000 median asking price in Toronto.

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Description

Beautiful all-brick corner semi-detached backsplit home in an exceptional location, just steps from TTC transit and close to York University. This spacious property offers 4 generously sized bedrooms, including a primary bedroom complete with a walk-in closet. Hardwood flooring flows throughout the bedrooms, living, and dining areas, while the kitchen features durable ceramic tile flooring. A large pass-through window connects the kitchen to the living area, making it easy to serve food and drinks-perfect for entertaining. The partially finished basement adds valuable extra living space, featuring a cozy recreation room with a bar, along with a laundry area and additional crawl space for convenient storage. The property also offers ample parking for up to 4 vehicles, with the potential to accommodate 2 additional small cars if needed. Enjoy professionally landscaped front and backyard spaces with elegant interlocking. (id:66096)

Property Details

MLS®: W13070358
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 4
Lot Size: 58 × 91 ft (5,290 sq ft)
Frontage: 58 ft
Storeys: 2
Basement: Partially finished, Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,581.91/yr
Listed: 188 days ago

Rooms

Ground level

Living room: 3.5 x 0.76 meters
Kitchen: 2.9 x 5.18 meters

Upper Level

Primary Bedroom: 3.2 x 4.57 meters
Bedroom 2: 3.2 x 4.57 meters

Lower level

Bedroom 3: 3.2 x 2.29 meters
Bedroom 4: 3.2 x 2.29 meters

Basement

Recreational, Games room: 3.66 x 7.62 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave, Water Heater
Flooring: Hardwood, Ceramic
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

188d

Toronto (York University Heights) listings, avg age

64d

List price

$929K

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 (York University Heights) 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 CANADIAN REALTY · LALIT KUMAR MUKHI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3J)

This home lists at $929,000, about 12.3× the local median household income of $75,500.

Carrying it typically needs a household income of about $181,466 (20% down, 25-yr amortization, stress-tested) — roughly 140% above the area median.

Median household income: $75,500
Population: 26,600
Median age: 36
Owner / renter: 48% / 52%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3J)

$929,000

For sale

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Full Cost Breakdown

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Down Payment7.31% · $67,900

Min 7.31%50%

Mortgage payment$4,774/mo

↳ CMHC premium ($34,444 capitalized)

Property tax (est.)$298/mo

Total monthly$5,073

Cash Needed to Close

Down payment (7.31%)$67,900

Land transfer tax$30,110

Est. closing costs$5,287

Total cash needed$103,297

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