$650,000

For saleJust listed

21 Tillbrook Court, Toronto (Malvern) - Single Family for Sale

21 Tillbrook Court, Toronto (Malvern), Ontario, M1B1N5

6 beds2 baths4 parking1,300 ft²37 × 127 ft (4,752 sq ft) lot sizeListed 6 days ago

Overview

This 6-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $650,000, it is attractively priced about 19% below the $799,900 median asking price in Toronto. It has been on the market 6 days, fresher than the Toronto average of 61 days.

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Description

Attention Investors & Extended Families! Rare Opportunity To Own A Turnkey, Income Generating Property On A Quiet Child-Safe Cul-De-Sac In High-Demand Malvern. This Solid 3+3 Bedroom Layout Features Massive Rental Potential With Both Levels Already Configured And Separately Rented! The Bright Main Floor Boasts A Spacious 3-Bedroom Layout With Large Windows And Functional Design. The Fully Finished Lower Level Features An Independent Entrance Leading To 3 Additional Bedrooms, Kitchen, And Full Bath-An Ideal Mortgage Helper or Pure Investment Cash Cow! Situated On A Premium Court Lot With A Generous Yard And No Through Traffic. Unbeatable Location Just Steps From Walmart Supercentre, Malvern Town Centre, Medical Facilities, Top-Rated Schools, And Parks. Commuter's Dream With Immediate Access To Highway 401, TTC Bus Routes, And Future Sheppard Transit Expansions. Don't Miss Out On This Low-Vacancy, High-Yield Addition To Your Portfolio! (id:66096)

Property Details

MLS®: E14134378
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 37 × 127 ft (4,752 sq ft)
Frontage: 37 ft
Storeys: 1
Style: Bungalow
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,698/yr
Listed

Rooms

Main level

Living room: 5.06 x 3.07 meters
Dining room: 3.15 x 3.02 meters
Kitchen: 4.9 x 3.07 meters
Primary Bedroom: 4.1 x 2.8 meters
Bedroom 2: 3.9 x 2.7 meters
Bedroom 3: 3.12 x 2.7 meters

Basement

Bedroom: 2.74 x 2.74 meters
Recreational, Games room: 5.18 x 3.65 meters
Kitchen: 3.65 x 2.13 meters
Bedroom 4: 3.65 x 3.65 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Water Heater
Flooring: Laminate, Parquet
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Malvern) listings, avg age

61d

Price / ft²

$500

List price

$650K

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 6-bed single family in Toronto (Malvern) has been listed for 6 days, which is 55 days fresher than the city average of 61. Act while there is still low competition.

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Listed by CENTURY 21 INNOVATIVE REALTY INC. · MUNIBA MIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $650,000, about 7.1× the local median household income of $91,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 40% above the area median.

Median household income: $91,000
Population: 65,555
Median age: 39.6
Owner / renter: 72% / 28%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1B)

$650,000· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $40,000

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$308/mo

Total monthly$3,690

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$18,950

Est. closing costs$4,450

Total cash needed$63,400

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