$1,380,000

For sale

200 Elmhurst Avenue, Toronto (Lansing-Westgate) - Single Family for Sale

200 Elmhurst Avenue, Toronto (Lansing-Westgate), Ontario, M2N1S3

4 beds2 baths4 parking1,300 ft²50 × 118 ft (5,885 sq ft) lot sizeListed 77 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,380,000, it is attractively priced about 36% below the $2,149,000 median asking price in Toronto. It has been on the market 77 days, fresher than the Toronto average of 86 days.

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Description

Rarely Offered South-Facing 50' x 118' Lot in Prime Willowdale West! An exceptional opportunity for builders, investors, and end-users looking to create their dream home in one of North York's most sought-after neighbourhoods. This well-maintained detached bungalow offers a spacious 3-bedroom, 2-bathroom main floor plus a fully finished 1-bedroom basement apartment with a separate side entrance, providing excellent rental income or multi-generational living potential while you plan your next move.The 50' x 118' south-facing lot offers an outstanding canvas for future redevelopment, making this property especially attractive to those looking to build new and customize a home to their own vision. Live comfortably, rent out the basement, or explore the significant redevelopment potential this premium lot offers.Ideally located just steps to Yonge & Sheppard, subway, top-ranked schools, parks, shopping, restaurants, offices, and Highway 401. A rare chance to secure a premium lot in Willowdale West with immediate income potential and endless possibilities for the future. (id:66096)

Property Details

MLS®: C13697666
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 50 × 118 ft (5,885 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Oil
Cooling: Central air conditioning
Garage: Detached Garage, No Garage
Ownership: Freehold
Property Tax: $7,993.32/yr

Features

Appliances: Refrigerator, Dishwasher, Stove, Hood Fan, Window Coverings
Foundation: Block
Exterior: Aluminum siding
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

77d

Toronto (Lansing-Westgate) listings, avg age

86d

Price / ft²

$1,062

List price

$1.38M

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 (Lansing-Westgate) has been listed for 77 days, which is 9 days fresher than the city average of 86. Act while there is still low competition.

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Listed by CENTURY 21 LANDUNION REALTY INC. · TERESA XU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $1,380,000, about 16.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $269,562 (20% down, 25-yr amortization, stress-tested) — roughly 229% 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)

$1,380,000· $1,062/ft²

For sale

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Full Cost Breakdown

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Down Payment8.19% · $113,000.00

Min 8.19%50%

Mortgage payment$7,024/mo

↳ CMHC premium ($50,680 capitalized)

Property tax (est.)$666/mo

Total monthly$7,691

Cash Needed to Close

Down payment (8.19%)$113,000

Land transfer tax$48,150

Est. closing costs$6,640

Total cash needed$167,790

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