$2,795,000

For saleJust listed

17 Malabar Place, Toronto (Banbury-Don Mills) - Single Family for Sale

17 Malabar Place, Toronto (Banbury-Don Mills), Ontario, M3B1A4

4 beds4 baths6 parking1,750 ft²45 × 163 ft (7,349 sq ft) lot sizeListed Yesterday

Overview

This 4-bedroom, 4-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. It has been on the market 1 day, fresher than the Toronto average of 48 days.

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Description

A Rare Estate Lot At The End Of A Quiet Cul-De-Sac In The Coveted Denlow Neighbourhood, Celebrated For Its Mature Trees And Top-Rated Schools. Set On An Impressive 0.419-Acre Pie-Shaped Lot Backing Directly Onto Mike Bela Park With No Neighbours Behind, Offering Unmatched Privacy And Endless Potential. A Truly Unique Opportunity With Three Paths Forward: Move In And Enjoy; Renovate & Reimagine To Suit Your Lifestyle; Or Start Fresh And Build A Custom Two-Storey Residence With An As Of Right Total Floor Area Of Approximately 8000 Sq ft, As Per Site Assessment Plan (Report Attached). The Current 4-Bedroom, 4-Bathroom Bungalow Offers An Exceptional Layout, Tons of Natural Light And A Sprawling Lower Level With Generous Ceiling Height. Attached 2-Car Garage. The Expansive Rear Yard Opens Onto Lush Parkland For A Private Retreat In The Heart Of The City. Steps To Edwards Gardens, Parks And Trails, Minutes To The Shops At Don Mills, Top Private Schools, Granite Club, TTC, And Quick Access To The DVP And 401. (id:66096)

Property Details

MLS®: C14142632
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 2
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 45 × 163 ft (7,349 sq ft)
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Forced air, Wood
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool

Rooms

Main level

Living room: 7 x 4.83 meters
Dining room: 3.24 x 3.62 meters
Kitchen: 3.4 x 3.92 meters
Eating area: 3.81 x 3.92 meters
Primary Bedroom: 3.55 x 4.7 meters
Bedroom 2: 2.93 x 2.93 meters
Bedroom 3: 2.84 x 3.2 meters
Bedroom 4: 3.01 x 4.19 meters
Sitting room: 3.01 x 1.76 meters

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

Features

Flooring: Tile, Wood
Foundation: Block
Exterior: Wood, Brick
Lot Features: Cul-de-sac

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Banbury-Don Mills) listings, avg age

48d

Price / ft²

$1,597

List price

$2.79M

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 (Banbury-Don Mills) has been listed for 1 day, which is 47 days fresher than the city average of 48. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · GILLIAN HULL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3B)

This home lists at $2,795,000, about 23.1× the local median household income of $121,000.

Carrying it typically needs a household income of about $545,961 (20% down, 25-yr amortization, stress-tested) — roughly 351% above the area median.

Median household income: $121,000
Population: 12,880
Median age: 49.2
Owner / renter: 77% / 23%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M3B)

$2,795,000· $1,597/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $559,000

Min 20%50%

Mortgage payment$11,920/mo

Property tax (est.)$983/mo

Total monthly$12,903

Cash Needed to Close

Down payment (20%)$559,000

Land transfer tax$112,700

Est. closing costs$10,885

Total cash needed$682,585

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