$999,900

For sale

23 Penetang Crescent, Toronto (Bendale) - Single Family for Sale

23 Penetang Crescent, Toronto (Bendale), Ontario, M1K4Y4

4 beds2 baths5 parking1,300 ft²43 × 117 ft (5,060 sq ft) lot sizeListed 51 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Its $999,900 asking price sits right in line with the $988,000 median in Toronto. It has been on the market 51 days, fresher than the Toronto average of 68 days.

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Description

THE PERFECT BLEND OF LIFESTYLE, SPACE & INCOME! Welcome to 23 Penetang, an exceptional opportunity for investors, growing families and multi-generational living. Beautifully finished throughout, this home features spacious rooms, hardwood floors and a custom kitchen with quartz countertops, breakfast bar and modern finishes. Step outside to your own private summer retreat with a large deck, side yard and in-ground pool. The fully finished basement with separate entrance adds incredible flexibility and income potential. Currently generating approx. $3,300/month on the main floor + $1,800/month from the basement. Continue as an income-producing investment, live in one portion while offsetting your mortgage, or create the space your growing family needs. A home to enjoy today, with income potential working for your future. In-Ground Pool, Large Deck, Side Yard, Insulated Carport W/Cedar Ceiling & Pot Lights, Separate Basement Entrance, Custom Kitchen W/Quartz Counters & Breakfast Bar. Excellent Income & Multi-Generational Potential. (id:66096)

Property Details

MLS®: E13784386
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 43 × 117 ft (5,060 sq ft)
Frontage: 43 ft
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport, No Garage
Pool: Yes
Ownership: Freehold
Property Tax: $4,504/yr
Listed: 51 days ago

Rooms

Main level

Bedroom 2: 3.68 x 2.76 meters
Primary Bedroom: 3.37 x 3.37 meters
Living room: 5.81 x 4.58 meters
Laundry room
Kitchen: 4.59 x 3.97 meters
Dining room: 5.81 x 4.58 meters
Bedroom 3: 3.57 x 2.74 meters

Basement

Den: 4.05 x 4.27 meters
Kitchen: 2.14 x 2.75 meters
Bedroom 4: 2.63 x 2.13 meters
Laundry room

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Water Heater
Flooring: Tile, Hardwood, Laminate, Porcelain Tile
Foundation: Concrete
Exterior: Concrete, Stucco
Lot Features: Sump Pump

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Toronto (Bendale) listings, avg age

68d

Price / ft²

$769

List price

$1000K

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 4-bed single family in Toronto (Bendale) has been listed for 51 days, which is 17 days fresher than the city average of 68. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · RAFFINA ZONBIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1K)

This home lists at $999,900, about 13.8× the local median household income of $72,500.

Carrying it typically needs a household income of about $195,315 (20% down, 25-yr amortization, stress-tested) — roughly 169% above the area median.

Median household income: $72,500
Population: 48,175
Median age: 40.4
Owner / renter: 50% / 50%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1K)

$999,900· $769/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,990

Min 7.50%50%

Mortgage payment$5,128/mo

↳ CMHC premium ($36,996 capitalized)

Property tax (est.)$375/mo

Total monthly$5,503

Cash Needed to Close

Down payment (7.50%)$74,990

Land transfer tax$32,946

Est. closing costs$5,500

Total cash needed$113,436

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