$989,000

For sale

211 Ponymeadow Terrace, Toronto (Highland Creek) - Single Family for Sale

211 Ponymeadow Terrace, Toronto (Highland Creek), Ontario, M1C4W2

6 beds4 baths4 parking1,750 ft²35 × 107 ft (3,745 sq ft) lot sizeListed 35 days ago

Overview

This 6-bedroom, 4-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $989,000, it is attractively priced about 14% below the $1,149,800 median asking price in Toronto. It has been on the market 35 days, fresher than the Toronto average of 48 days.

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Description

Welcome to this beautiful and spacious 4-bedroom detached home in the highly desirable Highland Creek neighborhood! Featuring a double car garage and a fantastic layout designed for comfortable family living, this home offers plenty of space for the whole family. Enjoy a prime location close to public and Catholic schools, TTC, library, shopping, major highways, University of Toronto Scarborough, Centennial College Morningside Campus, Pan Am Sports Centre, and all essential amenities. The main floor features a welcoming living and dining area, cozy family room, bright eat-in kitchen, and convenient main-floor laundry. The kitchen offers a walk-out to the backyard, creating a wonderful space for outdoor enjoyment and entertaining family and friends. A wonderful opportunity to own a spacious family home in a sought-after Highland Creek community, combining comfort, and an excellent location. Newer windows on the main and 2nd floor - 2023, Roof - 2021, Air conditioning - 2019, Main floor stairs - 2026, Newer flooring in 2 second floor rooms - 2026. (id:66096)

Property Details

MLS®: E13852274
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 35 × 107 ft (3,745 sq ft)
Frontage: 35 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 6.73 x 4.88 meters
Dining room: 3.73 x 3.23 meters
Kitchen: 5.59 x 4.27 meters
Family room: 5.11 x 4.88 meters

Basement

Bedroom: 3.73 x 4.62 meters
Living room: 6.71 x 4.62 meters
Bedroom: 4.27 x 4.57 meters

Second level

Bedroom: 6.81 x 3.48 meters
Bedroom 2: 6.2 x 4.27 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Hardwood, Ceramic
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Toronto (Highland Creek) listings, avg age

48d

Price / ft²

$565

List price

$989K

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 (Highland Creek) has been listed for 35 days, which is 13 days fresher than the city average of 48. Act while there is still low competition.

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Listed by RE/MAX ROUGE RIVER REALTY LTD. · JULIA SHANTHINI MATHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1C)

This home lists at $989,000, about 7.6× the local median household income of $130,000.

Carrying it typically needs a household income of about $193,186 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $130,000
Population: 35,642
Median age: 44.4
Owner / renter: 89% / 11%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA M1C)

$989,000· $565/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.47% · $73,900

Min 7.47%50%

Mortgage payment$5,073/mo

↳ CMHC premium ($36,604 capitalized)

Property tax (est.)$426/mo

Total monthly$5,500

Cash Needed to Close

Down payment (7.47%)$73,900

Land transfer tax$32,510

Est. closing costs$5,467

Total cash needed$111,877

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