$1,349,000

For sale

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16 Sparkhall Avenue, Toronto (North Riverdale) - Single Family for Sale

16 Sparkhall Avenue, Toronto (North Riverdale), Ontario, M4K1G5

4 beds2 baths2 parking ft²

↓ $100K (10%) price drop

511 Carlaw Avenue, Toronto (North Riverdale), Ontario, M4K3J3

3 bd2 ba4 pk1,300 ft²Lot size 18 × 150 ft (2,715 sq ft)

Listed by EXP REALTY

Investment analysis

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$1,349,000

Toronto

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Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Its $1,349,000 asking price sits right in line with the $1,349,000 median in Toronto. It has been on the market 13 days, fresher than the Toronto average of 57 days.

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Description

Great Opportunity To Own A 2 1/2 Storey Semi-Detached Home In Prime Riverdale. Two Car Garage Off Of Rear Lane. Recently Used As A Two Unit Home With A Fully Finished Bsmt. Each Unit With 2 Bdrms Plus Each Unit Includes A Large Patio Area. Withrow School Neighbourhood. Fabulous City Skyline Views And Sunsets From Riverdale Park East At The End Of The Street. Steps To Danforth Ave's Restaurants And Coffee Shops. Walk To Broadview Subway Stn. Quick Access To DVP Then The 401 or The Queensway. Could Be Restored To Original Single Family Home. Recent Carson and Dunlop Home Inspection Report Available. (id:66096)

Property Details

MLS®: E14112630
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 20 × 95 ft (1,881 sq ft)
Frontage: 20 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $8,325.32/yr
Listed: 13 days ago

Rooms

Main level

Living room: 3.8 x 3.2 meters
Dining room: 3.7 x 3.6 meters
Kitchen: 4.2 x 3.6 meters
Mud room: 2.7 x 1.4 meters

Second level

Kitchen: 4.2 x 2.3 meters
Bathroom: 3.2 x 2 meters
Bedroom: 4.4 x 3.5 meters
Living room: 4.3 x 3.5 meters

Third level

Bedroom: 5.7 x 3.65 meters

Lower level

Bedroom: 4.6 x 3.2 meters
Bedroom: 3.3 x 2.2 meters
Bathroom: 3.6 x 2 meters
Laundry room: 3 x 1 meters

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

Features

Appliances: Washer, Central Vacuum, Gas stove(s), Dishwasher, Dryer, Microwave, Water Heater, Two Refrigerators
Flooring: Hardwood, Laminate, Carpeted
Foundation: Concrete, Brick
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (North Riverdale) listings, avg age

57d

Price / ft²

$771

List price

$1.35M

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 (M4K)

This home lists at $1,349,000, about 16.1× the local median household income of $84,000.

Carrying it typically needs a household income of about $263,507 (20% down, 25-yr amortization, stress-tested) — roughly 214% above the area median.

Median household income: $84,000
Population: 30,913
Median age: 43.2
Owner / renter: 45% / 56%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4K)

$1,349,000· $771/ft²

For sale

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Full Cost Breakdown

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Down Payment8.15% · $109,900.00

Min 8.15%50%

Mortgage payment$6,870/mo

↳ CMHC premium ($49,564 capitalized)

Property tax (est.)$694/mo

Total monthly$7,564

Cash Needed to Close

Down payment (8.15%)$109,900

Land transfer tax$46,910

Est. closing costs$6,547

Total cash needed$163,357

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16 Sparkhall Avenue, Toronto (North Riverdale) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M4K)

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Full Cost Breakdown