$1,250,000

For sale

39 Romney Road, Toronto (Lansing-Westgate), Ontario, M3H1H4

6 bd5 ba3 pk2,750 ft²Lot size 49 × 125 ft (6,125 sq ft)

Listed by RE/MAX REALTRON BARRY COHEN HOMES INC.

125 Sandringham Drive, Toronto (Lansing-Westgate), Ontario, M3H1E2

For saleJust listed

3 days ago

$5.50M

125 Sandringham Drive, Toronto (Lansing-Westgate), Ontario, M3H1E2

7 bd6 ba6 pk5,000 ft²Lot size 91 × 125 ft (11,375 sq ft)

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

47 Harlandale Avenue, Toronto (Lansing-Westgate), Ontario, M2N1N9

For sale

7 days ago

$1.89M

47 Harlandale Avenue, Toronto (Lansing-Westgate), Ontario, M2N1N9

8 bd4 ba7 pk1,300 ft²Lot size 50 × 118 ft (5,885 sq ft)

Listed by RE/MAX REALTRON BIJAN BARATI REAL ESTATE

63 Franklin Avenue, Toronto (Lansing-Westgate), Ontario, M2N1B8

For sale

8 days ago

$2.10M

63 Franklin Avenue, Toronto (Lansing-Westgate), Ontario, M2N1B8

5 bd5 ba3 pk2,250 ft²Lot size 25 × 128 ft (3,200 sq ft)

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Investment analysis

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$1,250,000

Toronto

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194 Florence Avenue, Toronto (Lansing-Westgate) - Single Family for Sale

194 Florence Avenue, Toronto (Lansing-Westgate), Ontario, M2N1G4

3 beds2 baths3 parking900 ft²40 × 130 ft (5,200 sq ft) lot sizeListed 38 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. It has been on the market 38 days, fresher than the Toronto average of 87 days.

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Description

Priced to Sell! You could not Ask for a Better Location! A Short walk to Yonge/Sheppard Subway, Shops, Restaurants and Nightlife. Newly updated 2Bedroom/2 Full Bath Solid Brick Bungalow with Single Car Garage is a great alternative to condo living or as entry level home into this highly desirable area. Either way, this home will offer you a large Living Area along with a Separate Updated Kitchen / Dining Area. There are 2 Good Sized Bedrooms on the main floor and a newly updated 4PC Bathroom. A Separate Side Entrance leads to a High/Bright Basement with a Kitchenette, Large Rec Room, Separate Bedroom and newly updated 4PC bath. Ideal for growing family or to convert to a potential rental suite. This home offers many opportunities to invest, live in/rent out or build your dream home on this premium 40 x 130 foot mature landscaped lot. Steps to top-rated schools, parks, green spaces, places of worship, major highways, and public transit. (id:66096)

Property Details

MLS®: C13838294
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 40 × 130 ft (5,200 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $7,789.72/yr
Listed: 38 days ago

Rooms

Main level

Living room: 3.55 x 4.15 meters
Dining room: 2.75 x 3.25 meters
Kitchen: 2.75 x 1.9 meters
Primary Bedroom: 3.1 x 3.45 meters
Bedroom 2: 2.15 x 3.05 meters

Basement

Bedroom 3: 2.95 x 3.7 meters
Kitchen: 1.75 x 2.15 meters
Recreational, Games room: 3.85 x 5.1 meters

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

Features

Appliances: Refrigerator, Stove, Garage door opener, Garage door opener remote(s)
Flooring: Vinyl
Foundation: Block
Exterior: Brick
Lot Features: Level lot

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Toronto (Lansing-Westgate) listings, avg age

87d

Price / ft²

$1,389

List price

$1.25M

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 (Lansing-Westgate) has been listed for 38 days, which is 49 days fresher than the city average of 87. Act while there is still low competition.

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Listed by RE/MAX PLATINUM PIN REALTY · DAVID ORTINO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $1,250,000, about 15.2× the local median household income of $82,000.

Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 198% 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)

$1,250,000· $1,389/ft²

For sale

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Full Cost Breakdown

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Down Payment8% · $100,000

Min 8%50%

Mortgage payment$6,376/mo

↳ CMHC premium ($46,000 capitalized)

Property tax (est.)$649/mo

Total monthly$7,025

Cash Needed to Close

Down payment (8%)$100,000

Land transfer tax$42,950

Est. closing costs$6,250

Total cash needed$149,200

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