$1,298,000

For sale

228 Rosemount Avenue, Toronto (Humberlea-Pelmo Park) - Single Family for Sale

228 Rosemount Avenue, Toronto (Humberlea-Pelmo Park), Ontario, M9N3X6

5 beds4 baths4 parking1,750 ft²35 × 99 ft (3,471 sq ft) lot sizeListed 31 days ago

Overview

This 5-bedroom, 4-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. It has been on the market 31 days, fresher than the Toronto average of 60 days.

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Description

An Exceptional and Rarely Offered Newer-Build Residence in Weston Village, Named Toronto Life's #1 Neighbourhood to Invest In. Complete With a Self-Contained Lower-Level Apartment Offering Valuable Potential Income or an Ideal Private Space for Extended Family. This Home Also Features a Rare Double-Car Garage-An Exceptionally Difficult Combination to Find in the Neighbourhood. The Main Residence Offers a Spacious, thoughtfully Designed Layout with an Upgraded Kitchen & Generous Living Space. Originally Designed as a Four-Bedroom Home, the Fourth Bedroom on the Upper Level has been Converted into a Generous Full-Size Laundry Room, providing Exceptional Everyday Functionality While Remaining Easily Convertible Back to a Bedroom if Desired. The Maintenance-Free Backyard is Designed for Effortless Outdoor Living, featuring a Large Deck for Entertaining and a Turfed Area with Plenty of Space for Children to Play. A Unique Opportunity Combining the Benefits of a Newer Build, Flexible Living Space, a Self-Contained Income-Generating Suite, Private Outdoor Space and Coveted 2 Car Parking in one of the Area's Most Desirable Communities. See the Attached Feature Sheet for a Complete List of Notable Upgrades and Features. (id:66096)

Property Details

MLS®: W13864308
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 35 × 99 ft (3,471 sq ft)
Frontage: 35 ft
Storeys: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Ground level

Living room: 5.61 x 3.1 meters
Dining room: 5.61 x 3.1 meters
Kitchen: 6.17 x 2.68 meters

Basement

Bedroom 5: 3.05 x 3.35 meters
Recreational, Games room: 5.85 x 3.85 meters
Kitchen: 2.74 x 5.79 meters

Second level

Bedroom: 4.31 x 3.32 meters
Bedroom 2: 3.01 x 2.72 meters
Bedroom 3: 4.54 x 3.08 meters

Features

Appliances: All, Central Vacuum, Window Coverings
Flooring: Hardwood, Ceramic
Foundation: Unknown
Exterior: Brick
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Toronto (Humberlea-Pelmo Park) listings, avg age

60d

Price / ft²

$742

List price

$1.30M

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 (Humberlea-Pelmo Park) has been listed for 31 days, which is 29 days fresher than the city average of 60. Act while there is still low competition.

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Listed by CENTURY 21 PARKLAND LTD. · JOHNNY NUNNO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9N)

This home lists at $1,298,000, about 18.7× the local median household income of $69,500.

Carrying it typically needs a household income of about $253,545 (20% down, 25-yr amortization, stress-tested) — roughly 265% above the area median.

Median household income: $69,500
Population: 26,059
Median age: 39.6
Owner / renter: 42% / 58%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M9N)

$1,298,000· $742/ft²

For sale

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Full Cost Breakdown

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Down Payment8.07% · $104,800

Min 8.07%50%

Mortgage payment$6,615/mo

↳ CMHC premium ($47,728 capitalized)

Property tax (est.)$488/mo

Total monthly$7,104

Cash Needed to Close

Down payment (8.07%)$104,800

Land transfer tax$44,870

Est. closing costs$6,394

Total cash needed$156,064

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