$980,000

For saleJust listed

20 Lucy Avenue, Toronto (Oakridge) - Single Family for Sale

20 Lucy Avenue, Toronto (Oakridge), Ontario, M1L1A3

2 beds2 baths1 parking1,750 ft²22 × 100 ft (2,202 sq ft) lot sizeListed 6 days ago

Overview

This 2-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. It has been on the market 6 days, fresher than the Toronto average of 74 days.

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Description

Introducing the authentic detached, freehold hard loft, with no maintenance fees, that you've been dreaming of! This beautifully converted 1800 sq.ft, genuine Artist's studio/loft, is truly amazing with its huge open concept floor plan, soaring ceilings and large original industrial windows - ideal for creative uses, live/work, and entertaining. Boasting a massive sun drenched living room, dining room and kitchen with center island, a den, walk through pantry, two piece bath, a guest sleeping loft and lots of storage on the main floor, ready to enjoy. The spacious second floor primary sanctuary completes this home with a four piece ensuite, dressing room with laundry, custom metal railing, and a walkout to your very own expansive 700 sqft. private terrace, extending your living space to the outdoors! A quiet ground floor patio and a private driveway included. Steps to public transit and shopping. Your dream loft awaits, book your showing to see everything this wonderful property has to offer! (id:66096)

Property Details

MLS®: E14127674
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,750 ft²
Lot Size: 22 × 100 ft (2,202 sq ft)
Frontage: 22 ft
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,800.69/yr
Listed

Rooms

Ground level

Living room: 9.71 x 4.86 meters
Dining room: 3.67 x 4.86 meters
Kitchen: 3.67 x 4.86 meters
Pantry: 2.15 x 2.33 meters
Den: 1.83 x 2.43 meters
Foyer: 5.33 x 1.57 meters
Utility room: 5.33 x 1.28 meters

In between

Loft: 2.26 x 1.98 meters

Second level

Primary Bedroom: 4.26 x 5.02 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave, Water Heater
Flooring: Concrete, Hardwood, Laminate, Parquet
Foundation: Concrete, Slab
Exterior: Concrete Block, Brick Facing
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

Toronto (Oakridge) listings, avg age

74d

Price / ft²

$560

List price

$980K

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 2-bed single family in Toronto (Oakridge) has been listed for 6 days, which is 68 days fresher than the city average of 74. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · ELPIDA GITSIDIS KULIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1L)

This home lists at $980,000, about 12.6× the local median household income of $78,000.

Carrying it typically needs a household income of about $191,428 (20% down, 25-yr amortization, stress-tested) — roughly 145% above the area median.

Median household income: $78,000
Population: 35,833
Median age: 38.8
Owner / renter: 51% / 49%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1L)

$980,000· $560/ft²

For sale

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Full Cost Breakdown

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Down Payment7.45% · $73,000

Min 7.45%50%

Mortgage payment$5,029/mo

↳ CMHC premium ($36,280 capitalized)

Property tax (est.)$233/mo

Total monthly$5,262

Cash Needed to Close

Down payment (7.45%)$73,000

Land transfer tax$32,150

Est. closing costs$5,440

Total cash needed$110,590

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