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$999,000

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18 Sorlyn Avenue, Toronto (Rustic) - Single Family for Sale

18 Sorlyn Avenue, Toronto (Rustic), Ontario, M6L1H8

3 beds2 baths3 parking1,300 ft²30 × 120 ft (3,606 sq ft) lot sizeListed 30 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $999,000, it is attractively priced about 9% below the $1,099,000 median asking price in Toronto. It has been on the market 30 days, fresher than the Toronto average of 39 days.

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Description

Well-maintained raised bungalow in Toronto's Rustic community with a bright, functional layout and a fully finished walk-out lower level featuring two separate exterior access points - one from the front and another directly to the backyard. The main floor offers spacious living and dining areas with hardwood floors, an updated kitchen with ample cabinetry, stone counters, backsplash and stainless-steel appliances, comfortable bedrooms, and a renovated bathroom with glass shower. The lower level provides excellent flexibility for extended family, adult children, guests, a home office, or additional living space. Large fenced backyard with patio/interlock area, mature greenery and plenty of outdoor space. Attached garage and private driveway. Conveniently located near Lawrence Ave W and Black Creek Dr, with quick access to Hwy 400/401, TTC, Weston GO/UP Express, parks, schools, shopping and everyday amenities. (id:66096)

Property Details

MLS®: W13868590
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 30 × 120 ft (3,606 sq ft)
Frontage: 30 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $4,283.22/yr

Rooms

Main level

Foyer: 2.18 x 1.14 meters
Living room: 4.6 x 3.76 meters
Dining room: 2.9 x 3.05 meters
Kitchen: 4.78 x 2.97 meters
Eating area: 4.06 x 3.35 meters
Primary Bedroom: 4.93 x 3.05 meters
Bedroom 2: 2.97 x 3.76 meters
Bedroom 3: 3.43 x 2.67 meters

Lower level

Den: 4.7 x 3.51 meters
Recreational, Games room: 7.24 x 3.96 meters

Features

Appliances: Refrigerator, Water meter, Dishwasher, Stove, Window Coverings, Water Heater
Flooring: Tile, Hardwood, Laminate, Ceramic
Foundation: Concrete
Exterior: Brick
Lot Features: Cul-de-sac, Carpet Free

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Toronto (Rustic) listings, avg age

39d

Price / ft²

$768

List price

$999K

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 3-bed single family in Toronto (Rustic) has been listed for 30 days, which is 9 days fresher than the city average of 39. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · MARCO MOMENI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6L)

This home lists at $999,000, about 13.5× the local median household income of $74,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 164% above the area median.

Median household income: $74,000
Population: 20,156
Median age: 42.4
Owner / renter: 48% / 53%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M6L)

$999,000· $768/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$357/mo

Total monthly$5,480

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$32,910

Est. closing costs$5,497

Total cash needed$113,307

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Open houses

18 Sorlyn Avenue, Toronto (Rustic) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6L)

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Full Cost Breakdown