$2,688,000

For sale

171 Elmwood Avenue, Toronto (Willowdale East) - Single Family for Sale

171 Elmwood Avenue, Toronto (Willowdale East), Ontario, M2N3M3

4 beds5 baths3 parking2,250 ft²30 × 132 ft (3,945 sq ft) lot sizeListed 22 days ago

Overview

This 4-bedroom, 5-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Its $2,688,000 asking price sits right in line with the $2,588,000 median in Toronto. It has been on the market 22 days, fresher than the Toronto average of 56 days.

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Description

Welcome to 171 Elmwood Avenue, a luxurious custom-built residence only 1 year new, ideally located in highly sought-after Willowdale East. Offering over 3,500 sq. ft. of beautifully finished living space, including the lower level, on a desirable south-facing lot just steps to Yonge St, subway, North York Centre, parks, shopping and top-ranked Earl Haig SS & Hollywood PS. Featuring a bright open-concept layout, soaring ceilings, hardwood floors and exceptional craftsmanship throughout. The chef-inspired kitchen boasts custom cabinetry, premium built-in appliances and a large centre island, opening to an impressive family room with fireplace and walkout to the deck. A skylit glass-railing staircase leads to a luxurious primary suite with 5-pc spa-like ensuite & custom W/I closet, spacious bedrooms and convenient 2nd-floor laundry. The finished lower level features heated floors, recreation room, wet bar, nanny/guest bedroom, 3-pc bath, 2nd laundry & ample storage. A sophisticated modern home combining luxury, functionality and an exceptional Willowdale location. (id:66096)

Property Details

MLS®: C14020596
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 5
Half Baths: 1
Parking: 3
Interior Size: 2,250 ft²
Lot Size: 30 × 132 ft (3,945 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Features

Appliances: Washer, Refrigerator, Water purifier, Dishwasher, Oven, Dryer, Oven - Built-In, Hood Fan, Window Coverings
Foundation: Concrete
Exterior: Brick, Stone
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Toronto (Willowdale East) listings, avg age

56d

Price / ft²

$1,195

List price

$2.69M

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 (Willowdale East) has been listed for 22 days, which is 34 days fresher than the city average of 56. Act while there is still low competition.

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Listed by CENTURY 21 PERCY FULTON LTD. · AYDIN OSKOUEI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $2,688,000, about 32.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $525,060 (20% down, 25-yr amortization, stress-tested) — roughly 540% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$2,688,000· $1,195/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $537,600

Min 20%50%

Mortgage payment$11,464/mo

Property tax (est.)$1,229/mo

Total monthly$12,692

Cash Needed to Close

Down payment (20%)$537,600

Land transfer tax$107,350

Est. closing costs$10,564

Total cash needed$655,514

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