$889,000
Toronto
Times shown are local to the property.
2375 Gerrard Street East, Toronto (East End-Danforth), Ontario, M4E2E7
This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $889,000, it is attractively priced about 26% below the $1,199,000 median asking price in Toronto. It has been on the market 45 days, fresher than the Toronto average of 55 days.
Turnkey 3-Bedroom Semi in Sought-After Upper Beaches! Welcome home to this beautifully updated semi with modern finishes. An inviting enclosed front porch leads to the living room, which flows into the dining room-perfect for family dinners & entertaining. The spacious eat-in kitchen boasts sleek quartz countertops, contemporary tile backsplash, new cabinets, a gas range, and direct walk-out to a backyard space where people love to gather. Soak up the mature green oasis as you gaze out from your raised deck and stone patio, which also features built-in planters for the avid gardener. This extended outdoor living is truly the star of the show that will make you forget you're in the city.The second floor features 3 bedrooms and a full bathroom; each room with an abundance of natural light. Modern updated design with day-to-day functionality. A newly renovated lower level has a separate side entrance w/ option for an in-law suite or to convert to an apartment. Basement has a 3-pc bathroom, kitchenette and has been previously used as both a rental apartment and a rec room, with options for multigenerational living, a home office, playroom or tenant suite that earns income toward your mortgage; this flex space allows unmatched versatility. Steps to vibrant Kingston Road Village, restaurants, parks, cafes, ravines, the Beach, and the Danforth GO Train-with downtown just an 11-min train ride away. Convenient amenities nearby include Loblaws, Metro, YMCA, Main subway station, LA Fitness, F45 gym and Ted Reeve Arena. Walking distance to Malvern Cl and with a coveted, rare address within the French Immersion catchment for Adam Beck PS. Street parking available. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 45 days on market, against an average age of 55 days across the listings currently for sale in this city
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.
This 3-bed single family in Toronto (East End-Danforth) has been listed for 45 days, which is 10 days fresher than the city average of 55. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $889,000, about 7.9× the local median household income of $112,000.
Carrying it typically needs a household income of about $173,653 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4E)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.