$749,000

For sale

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176 Sedgemount Drive, Toronto (Woburn) - Single Family for Sale

176 Sedgemount Drive, Toronto (Woburn), Ontario, M1H1Y2

7 beds2 baths5 parking ft²

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Investment analysis

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$749,000

Toronto

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Overview

This 7-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $749,000, it is attractively priced about 12% below the $849,000 median asking price in Toronto. It has been on the market 45 days, fresher than the Toronto average of 62 days.

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Description

Discover This 5+2 -Bedroom, 2-Bathroom Detached Home Set On A Spacious Lot Backing Onto Green Space *The Main Level Features A Hardwood Flooring, And A Dining Room Addition *The Kitchen Offers Pot Lights, Stainless Steel Appliances, And A Walkout To The Patio And Fully Fenced Backyard-Perfect For Relaxing Or Entertaining *Additional Highlights Include A Long Private Driveway, Detached Garage *Conveniently Located Near Highway 401, Scarborough Town Centre, GO Transit, TTC, Shopping, And Everyday Amenities* (id:66096)

Property Details

MLS®: E13814640
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 5 above · 2 below
Bathrooms: 2
Parking: 5
Interior Size: 900 ft²
Lot Size: 40 × 127 ft (5,096 sq ft)
Frontage: 40 ft
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,851.9/yr
Listed: 45 days ago

Rooms

Main level

Living room: 6.1 x 3.47 meters
Kitchen: 3.96 x 2.44 meters
Dining room: 3.57 x 3.32 meters

Upper Level

Primary Bedroom: 4.11 x 3.35 meters
Bedroom 2: 3.08 x 2.95 meters
Bedroom 3: 3.48 x 2.8 meters

Lower level

Recreational, Games room: 5.39 x 3.32 meters
Office: 3.32 x 1.8 meters
Bathroom: 3.93 x 2.8 meters

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

Market Timing

Days on market

45d

Toronto (Woburn) listings, avg age

62d

Price / ft²

$832

List price

$749K

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 (M1H)

This home lists at $749,000, about 9.4× the local median household income of $80,000.

Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 83% above the area median.

Median household income: $80,000
Population: 23,964
Median age: 38.4
Owner / renter: 62% / 38%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1H)

$749,000· $832/ft²

For sale

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Full Cost Breakdown

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Down Payment6.66% · $49,900.00

Min 6.66%50%

Mortgage payment$3,876/mo

↳ CMHC premium ($27,964 capitalized)

Property tax (est.)$321/mo

Total monthly$4,197

Cash Needed to Close

Down payment (6.66%)$49,900

Land transfer tax$22,910

Est. closing costs$4,747

Total cash needed$77,557

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

176 Sedgemount Drive, Toronto (Woburn) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M1H)

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