$999,000

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21 Delabo Drive, Toronto (York University Heights) - Single Family for Sale

21 Delabo Drive, Toronto (York University Heights), Ontario, M3J3S5

12 beds baths

60 Delabo Drive, Toronto (York University Heights), Ontario, M3J3S4

11 bd7 ba4 pk3,250 ft²Lot size 41 × 100 ft (4,134 sq ft)

Listed by HOMELIFE LANDMARK REALTY INC.

50 Killamarsh Drive, Toronto (York University Heights), Ontario, M3J1J3

For salePrice drop

20 days ago

$898K$999K

↓ $101K (10%) price drop

50 Killamarsh Drive, Toronto (York University Heights), Ontario, M3J1J3

4 bd2 ba4 pk1,300 ft²Lot size 41 × 116 ft (4,752 sq ft)

Listed by ROYAL LEPAGE SIGNATURE REALTY

169 Grandravine Drive, Toronto (York University Heights), Ontario, M3J1B6

For sale

23 days ago

$1.20M

169 Grandravine Drive, Toronto (York University Heights), Ontario, M3J1B6

4 bd3 ba4 pk2,250 ft²Lot size 58 × 118 ft (6,797 sq ft)

Listed by ROYAL LEPAGE TERREQUITY REALTY

306 Cook Road, Toronto (York University Heights), Ontario, M3J0C2

For sale

28 days ago

$1.49M

306 Cook Road, Toronto (York University Heights), Ontario, M3J0C2

14 bd13 ba2 pk2,750 ft²Lot size 24 × 100 ft (2,432 sq ft)

Listed by HOMECOMFORT REALTY INC.

Investment analysis

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$999,000

Toronto

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24 × 100 ft (2,432 sq ft) lot size

Overview

This 12-bedroom, 10-bathroom home in Toronto is for sale offering roughly 2,750 sq ft of space. Listed at $999,000, it is attractively priced about 16% below the $1,189,000 median asking price in Toronto. It has been on the market 5 days, fresher than the Toronto average of 66 days.

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Description

Rare Opportunity to Own a Detached Home in the Desirable York University Heights Community! Featuring an impressive 9+3 bedrooms and IO washrooms, this spacious property offers exceptional flexibility for large or extended families, as well as investors seeking income potential. Boasting approximately 2,645 sq. ft. of above-grade living space and over 3,000 sq. ft. of total living area, the home offers generous room for comfortable living. A spacious terrace provides additional outdoor space for relaxation and entertaining. Currently tenanted by the seller's staff, the property offers rental income of $4,000 per month, guaranteed for one year, or the option to obtain vacant possession within 60 days. Conveniently located close to schools, parks, trails, shopping, restaurants and public transit, with easy access to Highways 400 and 407. The Finch West LRT (Line 6) offers additional transit connectivity along Finch Avenue West. An excellent opportunity for buyers seeking space, flexibility and investment potential in a well-connected Toronto Neighbourhood. (id:66096)

Property Details

MLS®: W14132074
Property Type: Single Family
Bedrooms: 12
Beds (above / below): 9 above · 3 below
Bathrooms: 10
Half Baths: 1
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 24 × 100 ft (2,432 sq ft)
Frontage: 24 ft
Storeys: 3
Basement: Finished, Apartment in basement, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $5,965/yr
Listed: 5 days ago

Rooms

Main level

Living room: 4.05 x 3.14 meters
Family room: 3.89 x 2.63 meters
Kitchen: 4 x 3.04 meters
Dining room: 3.89 x 3.77 meters

Basement

Bedroom: 5.3 x 2.6 meters
Bedroom: 4.8 x 2.4 meters

Second level

Bedroom 2: 5.14 x 2.8 meters
Bedroom 3: 5.15 x 2.77 meters
Bedroom 4: 4 x 2.8 meters
Bedroom 4: 4.6 x 2.8 meters

Third level

Primary Bedroom: 4.23 x 3.88 meters
Office: 2.93 x 2.31 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Oven, Dryer, Microwave
Flooring: Laminate, Parquet, Ceramic
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (York University Heights) listings, avg age

66d

Price / ft²

$363

List price

$999K

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 12-bed single family in Toronto (York University Heights) has been listed for 5 days, which is 61 days fresher than the city average of 66. Act while there is still low competition.

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Listed by RE/MAX REALTY SERVICES INC. · HARRY SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3J)

This home lists at $999,000, about 13.2× the local median household income of $75,500.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 158% 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)

$999,000· $363/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$497/mo

Total monthly$5,620

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$32,910

Est. closing costs$5,497

Total cash needed$113,307

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