$945,000

For sale

201 Derrydown Road, Toronto (York University Heights) - Single Family for Sale

201 Derrydown Road, Toronto (York University Heights), Ontario, M3J1S2

5 beds3 baths4 parking1,300 ft²50 × 120 ft (6,000 sq ft) lot sizeListed 48 days ago

Overview

This 5-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $945,000, it is attractively priced about 21% below the $1,189,000 median asking price in Toronto. It has been on the market 48 days, fresher than the Toronto average of 64 days.

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Description

This versatile 2,500 sq. ft. of total living space detached bungalow offers an incredible opportunity for families and investors alike, featuring a bright 3-bedroom main floor, Rare 2pce Ensuite in Primary Bdrm, as well as a completely finished basement with a separate entrance, Kitchen, Bath and additional bedroom. Whether you're looking for a spacious multi-generational residence or a high-yield investment with dual-income potential, this property delivers the perfect balance of comfort and connectivity in a sought-after neighbourhood. Location, Location, Location. Leave the car at home! You are steps away from the Finch West Subway Station and the new Finch West LRT, giving you rapid access to Downtown Toronto, York University, and Vaughan Metropolitan Centre. For drivers, Highways 400 and 407 are just minutes away. Whether you are a first-time buyer looking for room to grow, or an investor seeking a high-demand rental pocket near York U, this property checks every single box. (id:66096)

Property Details

MLS®: W13804920
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 50 × 120 ft (6,000 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes

Rooms

Main level

Eating area: 2.7 x 2.5 meters
Kitchen: 3 x 3.25 meters
Living room: 6.76 x 4.1 meters
Dining room: 6.76 x 4.1 meters
Primary Bedroom: 4.51 x 3 meters
Bedroom 2: 3.85 x 3.25 meters
Bedroom 3: 3.1 x 2.75 meters
Family room: 6.95 x 6.7 meters

Basement

Bedroom: 4.05 x 3.25 meters
Kitchen: 3.66 x 3.32 meters

Features

Appliances: Washer, Dryer, Two stoves, Window Coverings, Garage door opener remote(s), Two Refrigerators
Flooring: Hardwood, Ceramic
Foundation: Unknown
Exterior: Brick

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

48d

Toronto (York University Heights) listings, avg age

64d

Price / ft²

$727

List price

$945K

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 5-bed single family in Toronto (York University Heights) has been listed for 48 days, which is 16 days fresher than the city average of 64. Act while there is still low competition.

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Listed by SUTTON GROUP-ADMIRAL REALTY INC. · ROBERTO TANCREDI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3J)

This home lists at $945,000, about 12.5× the local median household income of $75,500.

Carrying it typically needs a household income of about $184,592 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.

Median household income: $75,500
Population: 26,600
Median age: 36
Owner / renter: 48% / 52%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3J)

$945,000· $727/ft²

For sale

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Full Cost Breakdown

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Down Payment7.35% · $69,500

Min 7.35%50%

Mortgage payment$4,854/mo

↳ CMHC premium ($35,020 capitalized)

Property tax (est.)$392/mo

Total monthly$5,246

Cash Needed to Close

Down payment (7.35%)$69,500

Land transfer tax$30,750

Est. closing costs$5,335

Total cash needed$105,585

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