$825,000

For sale

256 Ferris Road, Toronto (O'Connor-Parkview) - Single Family for Sale

256 Ferris Road, Toronto (O'Connor-Parkview), Ontario, M4B1H6

4 beds2 baths4 parking900 ft²72 × 68 ft (4,826 sq ft) lot sizeListed 45 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. It has been on the market 45 days, fresher than the Toronto average of 48 days.

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Description

Excellent Opportunity To Renovate and Customize Your Dream Home In One Of East York's Most Desirable Pockets! Handyman or Investor Special! Separate Entrance to Basement for Potential Income, In-Law Suite or Additional Living Space. This Solid Detached Brick Bungalow With A 2-Car Garage Plus 2-Car Parking on Private Driveway Is Nestled In A Family-Oriented Community, Backing Onto The Beauty Of Taylor Creek Park, Just Steps Away From Nature Trails. Enjoy The Benefits Of Outdoor Living With Scenic Walks Through The Forest, Biking Along Paved Trails, Cross-Country Skiing, And Peaceful Strolls With Your Family Or Pets. Featuring A Bright And Functional Layout With 3 Bedrooms, 2 Bathrooms, And Plenty Of Natural Light Throughout. The Backyard Provides A Wonderful Setting For Summer BBQs, Family Gatherings, Entertaining Friends, Or Enjoying Your Gardening Passion In A Peaceful Outdoor Retreat. Located Minutes To The DVP, Transit, Schools, Parks, And Everyday Amenities. A Great Opportunity For Those Looking To Put Their Own Touch On A Property Or Expand Their Investment Portfolio. Don't Miss This Incredible Value! See Virtual Tour and Floor Plans. (id:66096)

Property Details

MLS®: E13810224
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 72 × 68 ft (4,826 sq ft)
Frontage: 72 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,738.21/yr

Rooms

Ground level

Kitchen: 4.12 x 2.98 meters
Bedroom: 3.37 x 2.87 meters
Bedroom 3: 2.99 x 2.98 meters
Bedroom 2: 4.03 x 3.37 meters
Dining room: 2.98 x 2.69 meters
Living room: 5.91 x 3.36 meters

Basement

Bedroom: 6.22 x 3.42 meters
Kitchen: 3.55 x 3.19 meters
Recreational, Games room: 4.25 x 3.55 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, Stove, Dryer, Window Coverings
Flooring: Tile, Hardwood, Carpeted
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Toronto (O'Connor-Parkview) listings, avg age

48d

Price / ft²

$917

List price

$825K

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 (O'Connor-Parkview) has been listed for 45 days, which is 3 days fresher than the city average of 48. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · STEPHEN TRUONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4B)

This home lists at $825,000, about 10.6× the local median household income of $78,000.

Carrying it typically needs a household income of about $161,151 (20% down, 25-yr amortization, stress-tested) — roughly 107% above the area median.

Median household income: $78,000
Population: 18,612
Median age: 43.2
Owner / renter: 48% / 52%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4B)

$825,000· $917/ft²

For sale

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Full Cost Breakdown

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Down Payment6.97% · $57,500.00

Min 6.97%50%

Mortgage payment$4,255/mo

↳ CMHC premium ($30,700 capitalized)

Property tax (est.)$395/mo

Total monthly$4,650

Cash Needed to Close

Down payment (6.97%)$57,500

Land transfer tax$25,950

Est. closing costs$4,975

Total cash needed$88,425

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