$830,000

For saleJust listed

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2398 Gerrard Street East, Toronto (East End-Danforth) - Single Family for Sale

2398 Gerrard Street East, Toronto (East End-Danforth), Ontario, M4E2E1

3 beds3 baths parking

2396 Gerrard Street East, Toronto (East End-Danforth), Ontario, M4E2E1

2 bd1 ba1 pk1,300 ft²Lot size 16 × 170 ft (2,725 sq ft)

Listed by UNITED REALTY OF CANADA

7 Milk Bottle Lane, Toronto (East End-Danforth), Ontario, M4C0B5

For saleJust listed

2 days ago

$3.25M

7 Milk Bottle Lane, Toronto (East End-Danforth), Ontario, M4C0B5

3 bd5 ba2 pk4,250 ft²Lot size 31 × 160 ft (4,960 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

95 Osborne Avenue, Toronto (East End-Danforth), Ontario, M4E3B1

For saleJust listed

2 days ago

$999K

95 Osborne Avenue, Toronto (East End-Danforth), Ontario, M4E3B1

3 bd1 ba1 pk900 ft²Lot size 18 × 95 ft (1,679 sq ft)

Listed by REMAX YOUR COMMUNITY REALTY

97 Oakcrest Avenue, Toronto (East End-Danforth), Ontario, M4C1B4

For sale

7 days ago

$1.20M

97 Oakcrest Avenue, Toronto (East End-Danforth), Ontario, M4C1B4

4 bd2 ba1 pk1,300 ft²Lot size 19 × 97 ft (1,795 sq ft)

Listed by BOSLEY REAL ESTATE LTD.

Investment analysis

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$830,000

Toronto

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14 × 171 ft (2,387 sq ft) lot size

Overview

This 3-bedroom, 3-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $830,000, it is attractively priced about 31% below the $1,199,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 56 days.

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Description

Three self-contained income generating corner lot property. Steps to the corner of Victoria Parkway and Danforth. Main Floor and Upper Unit renovated. Each unit has its own separate entrance, with parking for each unit and a detached garage for storage. Top Floor, Bachelor Suite, Main Floor 1 Bedroom and Lower Unit 1 Bedroom. (id:66096)

Property Details

MLS®: E14152146
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Parking: 4
Interior Size: 900 ft²
Lot Size: 14 × 171 ft (2,387 sq ft)
Frontage: 14 ft
Storeys: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,483.59/yr
Listed: Today

Features

Foundation: Unknown
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (East End-Danforth) listings, avg age

56d

Price / ft²

$922

List price

$830K

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 3-bed single family in Toronto (East End-Danforth) has been listed for 0 days, which is 56 days fresher than the city average of 56. Act while there is still low competition.

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Listed by FOREST HILL REAL ESTATE INC. · BRANDON LEE

Location

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Nearby Places

Area context

Neighbourhood profile (M4E)

This home lists at $830,000, about 7.4× the local median household income of $112,000.

Carrying it typically needs a household income of about $162,128 (20% down, 25-yr amortization, stress-tested) — roughly 45% above the area median.

Median household income: $112,000
Population: 25,473
Median age: 42.8
Owner / renter: 64% / 36%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4E)

$830,000· $922/ft²

For sale

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Full Cost Breakdown

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Down Payment6.99% · $58,000.00

Min 6.99%50%

Mortgage payment$4,280/mo

↳ CMHC premium ($30,880 capitalized)

Property tax (est.)$290/mo

Total monthly$4,570

Cash Needed to Close

Down payment (6.99%)$58,000

Land transfer tax$26,150

Est. closing costs$4,990

Total cash needed$89,140

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice