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$2,099,000

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245 Florence Avenue, Toronto (Lansing-Westgate) - Single Family for Sale

245 Florence Avenue, Toronto (Lansing-Westgate), Ontario, M2N1G7

4 beds4 baths3 parking2,250 ft²25 × 129 ft (3,225 sq ft) lot sizeListed 22 days ago

Overview

This 4-bedroom, 4-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Its $2,099,000 asking price sits right in line with the $2,149,000 median in Toronto. It has been on the market 22 days, fresher than the Toronto average of 87 days.

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Description

Step into this bright, sun-filled home where luxury meets everyday comfort. The impressive mainfloor features soaring 10-foot ceilings, elegant herringbone hardwood flooring, and beautifully crafted coffered ceilings in the formal living and dining rooms, creating a sophisticated andinviting atmosphere.The spacious family-sized eat-in kitchen is designed for entertaining and everyday living,offering a large centre island, two sinks, stainless steel appliances, and an open-concept layout overlooking the family room.Walk out to your own private backyard oasis featuring a spacious deck perfect for relaxing or hosting family and friends.This exceptional home offers 4 generously sized bedrooms and 4 bathrooms. A separate entranceto the basement provides excellent potential for an in-law suite or future income opportunity.Completing the home is a heated, finished garage with direct access to the mudroom for added convenience. (id:66096)

Property Details

MLS®: C14080424
Property Type: Single Family
Zoning: RD(f12;a370)
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 3
Interior Size: 2,250 ft²
Lot Size: 25 × 129 ft (3,225 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 7.61 x 5.76 meters
Kitchen: 4.36 x 2.54 meters
Dining room: 2.87 x 2.48 meters
Family room: 6.01 x 3.58 meters

Second level

Primary Bedroom: 5.46 x 4.85 meters
Bedroom 2: 3.04 x 3.32 meters
Bedroom 3: 4.29 x 3.25 meters
Bedroom 4: 3.81 x 2.79 meters

Basement

Recreational, Games room: 3.81 x 5.76 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Oven - Built-In, Window Coverings
Flooring: Hardwood, Laminate
Foundation: Concrete
Exterior: Stone, Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Toronto (Lansing-Westgate) listings, avg age

87d

Price / ft²

$933

List price

$2.10M

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 (Lansing-Westgate) has been listed for 22 days, which is 65 days fresher than the city average of 87. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE · MICHAEL PHINNEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $2,099,000, about 25.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $410,008 (20% down, 25-yr amortization, stress-tested) — roughly 400% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$2,099,000· $933/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $419,800

Min 20%50%

Mortgage payment$8,952/mo

Property tax (est.)$900/mo

Total monthly$9,851

Cash Needed to Close

Down payment (20%)$419,800

Land transfer tax$77,900

Est. closing costs$8,797

Total cash needed$506,497

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Open house

245 Florence Avenue, Toronto (Lansing-Westgate) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M2N)

Book a showing

Full Cost Breakdown