$1,200,000

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21 Chester Avenue, Toronto (Playter Estates-Danforth) - Single Family for Sale

21 Chester Avenue, Toronto (Playter Estates-Danforth), Ontario, M4K2Z8

3 beds3 baths parking

54 Arundel Avenue, Toronto (Playter Estates-Danforth), Ontario, M4K3A4

2 bd1 ba1 pk1,300 ft²Lot size 18 × 119 ft (2,088 sq ft)

Listed by iCloud Realty Ltd.

32 Eastmount Avenue, Toronto (Playter Estates-Danforth), Ontario, M4K1V1

For sale

7 days ago

$1.30M

32 Eastmount Avenue, Toronto (Playter Estates-Danforth), Ontario, M4K1V1

3 bd3 ba1,300 ft²Lot size 17 × 129 ft (2,175 sq ft)

Listed by RIGHT AT HOME REALTY

102 Gough Avenue, Toronto (Playter Estates-Danforth), Ontario, M4K3N8

For sale

8 days ago

$1.65M

102 Gough Avenue, Toronto (Playter Estates-Danforth), Ontario, M4K3N8

3 bd2 ba2 pk1,300 ft²Lot size 15 × 130 ft (1,950 sq ft)

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

25 Pretoria Avenue, Toronto (Playter Estates-Danforth), Ontario, M4K1T2

For sale

17 days ago

$1.25M

25 Pretoria Avenue, Toronto (Playter Estates-Danforth), Ontario, M4K1T2

2 bd2 ba1 pk1,300 ft²Lot size 18 × 103 ft (1,803 sq ft)

Listed by RIGHT AT HOME REALTY

Investment analysis

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$1,200,000

Toronto

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Description

Location is everything, and this one is hard to beat. Fully detached and right beside Chester Subway Station, 21 Chester Ave puts the Danforth's restaurants, cafes and shops at your door and downtown a short ride away. Detached homes this close to the subway are hard to find.Solid, well-built bones with updated plumbing and a tankless water heater, ready for the next owner's updates and vision. The newly renovated lower-level apartment adds flexibility for in-laws, a nanny or rental income. Private backyard and detached garage with laneway access. An opportunity for a family, investor or renovator to build value in a transit-connected pocket of the Danforth. (id:66096)

Property Details

MLS®: E14134018
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 16 × 133 ft (2,168 sq ft)
Frontage: 16 ft
Storeys: 2
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,998/yr
Listed: 5 days ago

Rooms

Main level

Living room: 8.46 x 4.17 meters
Dining room: 8.46 x 4.17 meters
Kitchen: 3.05 x 3.18 meters

Basement

Living room: 3.68 x 2.69 meters
Bedroom: 3.86 x 2.36 meters
Kitchen: 2.29 x 2.21 meters
Bathroom: 2.39 x 1.37 meters

Second level

Bedroom: 3.79 x 4.17 meters
Bedroom: 6.02 x 3.12 meters
Bathroom: 2.03 x 2.52 meters
Bathroom: 1.6 x 2.24 meters

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

Market Timing

Days on market

Toronto (Playter Estates-Danforth) listings, avg age

30d

Price / ft²

$923

List price

$1.20M

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.

Area context

Neighbourhood profile (M4K)

This home lists at $1,200,000, about 14.3× the local median household income of $84,000.

Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 179% above the area median.

Median household income: $84,000
Population: 30,913
Median age: 43.2
Owner / renter: 45% / 56%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4K)

$1,200,000· $923/ft²

For sale

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Full Cost Breakdown

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Down Payment7.92% · $95,000

Min 7.92%50%

Mortgage payment$6,126/mo

↳ CMHC premium ($44,200 capitalized)

Property tax (est.)$583/mo

Total monthly$6,709

Cash Needed to Close

Down payment (7.92%)$95,000

Land transfer tax$40,950

Est. closing costs$6,100

Total cash needed$142,050

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

21 Chester Avenue, Toronto (Playter Estates-Danforth) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M4K)

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