$1,778,000

$1,848,000For salePrice drop↓ $70,000 (4%)

25 Cortland Avenue, Toronto (Lawrence Park South) - Single Family for Sale

25 Cortland Avenue, Toronto (Lawrence Park South), Ontario, M4R1T7

3 beds2 baths3 parking1,300 ft²28 × 103 ft (2,872 sq ft) lot sizeListed 29 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 29 days, fresher than the Toronto average of 40 days.

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Description

Set on a quiet street in Lawrence Park, this well-maintained home with a renovated kitchen and bathrooms offers over 1800 sf. of living space and traditional character. The living and dining rooms feature classic mouldings and original gumwood door frames and casings. The kitchen includes stainless steel appliances, a gas stove and a walkout to a deck with a gas barbecue hookup. Renovated in 2017, the basement features heated floors throughout, built-in cabinetry and a four-piece bathroom. A tankless hot water system and ductless air conditioning with two indoor units add everyday comfort. The home is steps from local shops, restaurants, the subway and the public library, with Chatsworth Ravine, Alexander Muir Memorial Gardens and the Lawrence Park Lawn Bowling and Croquet Club nearby. Area schools include John Ross Robertson Junior Public School, Glenview Senior Public School and Lawrence Park Collegiate Institute. Nearby independent schools include Havergal College, an established girls' school founded in 1894, and Toronto French School (TFS), which offers bilingual education in French and English through the IB continuum. (id:66096)

Property Details

MLS®: C13868502
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 28 × 103 ft (2,872 sq ft)
Frontage: 28 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Radiant heat, Natural gas
Cooling: Wall unit
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $8,371.38/yr
Listed

Rooms

Main level

Living room: 5.33 x 3.45 meters
Dining room: 4.3 x 3.41 meters
Kitchen: 5.37 x 2.41 meters

Second level

Primary Bedroom: 4.69 x 2.85 meters
Bedroom 2: 4.13 x 2.81 meters

Third level

Bedroom 3: 4.19 x 2.78 meters

Basement

Recreational, Games room: 8.24 x 5.44 meters

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

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer, Water Heater
Flooring: Hardwood, Laminate, Carpeted, Porcelain Tile
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Lawrence Park South) listings, avg age

40d

Price / ft²

$1,368

List price

$1.78M

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 (Lawrence Park South) has been listed for 29 days, which is 11 days fresher than the city average of 40. Act while there is still low competition.

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · ALKARIM SHIVJI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4R)

This home lists at $1,778,000, about 16.6× the local median household income of $107,000.

Carrying it typically needs a household income of about $347,306 (20% down, 25-yr amortization, stress-tested) — roughly 225% above the area median.

Median household income: $107,000
Population: 11,909
Median age: 40.4
Owner / renter: 49% / 51%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4R)

$1,778,000· $1,368/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $355,600

Min 20%50%

Mortgage payment$7,583/mo

Property tax (est.)$698/mo

Total monthly$8,280

Cash Needed to Close

Down payment (20%)$355,600

Land transfer tax$64,070

Est. closing costs$7,834

Total cash needed$427,504

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