$849,000

For sale

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259 Milverton Boulevard, Toronto (Danforth) - Single Family for Sale

259 Milverton Boulevard, Toronto (Danforth), Ontario, M4J1V6

3 beds2 baths0 parking ft²

114 Eaton Avenue, Toronto (Danforth), Ontario, M4J2Z7

2 bd1 ba900 ft²Lot size 20 × 125 ft (2,500 sq ft)

Listed by HOME CHOICE REALTY INC.

623 Milverton Boulevard, Toronto (Danforth), Ontario, M4C1X8

For saleJust listed

2 days ago

$1.10M

623 Milverton Boulevard, Toronto (Danforth), Ontario, M4C1X8

3 bd3 ba1 pk1,300 ft²Lot size 18 × 120 ft (2,136 sq ft)

Listed by HOMELIFE/VISION REALTY INC.

831 Pape Avenue, Toronto (Danforth), Ontario, M4K3T4

For saleJust listed

6 days ago

$1.13M

831 Pape Avenue, Toronto (Danforth), Ontario, M4K3T4

4 bd3 ba1,300 ft²Lot size 20 × 80 ft (1,600 sq ft)

Listed by JDL REALTY INC.

235 Glebeholme Boulevard, Toronto (Danforth), Ontario, M4J1T1

For sale

8 days ago

$1.05M

235 Glebeholme Boulevard, Toronto (Danforth), Ontario, M4J1T1

4 bd3 ba1 pk1,300 ft²Lot size 20 × 122 ft (2,440 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$849,000

Toronto

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Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $849,000, it is attractively priced about 25% below the $1,129,000 median asking price in Toronto. It has been on the market 9 days, fresher than the Toronto average of 42 days.

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Description

Attention investors and renovators! Great opportunity in the desirable Danforth community. This solid brick semi-detached sits on an 18.5 x 120 ft lot and offers excellent potential for renovation or investment. Conveniently located near parks, schools, public transit, and just minutes to the shops, restaurants, and amenities along Danforth Avenue, with easy access to Toronto Transit Commission routes and nearby green space at Monarch Park. A great opportunity to create value in a vibrant east-end neighbourhood. Home is being Sold as is where is condition. (id:66096)

Property Details

MLS®: E14117156
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 900 ft²
Lot Size: 19 × 120 ft (2,220 sq ft)
Frontage: 19 ft
Storeys: 2
Basement: Full, Separate entrance
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $4,509/yr
Listed: 9 days ago

Rooms

Main level

Living room: 3.39 x 2.74 meters
Dining room: 3.95 x 2.86 meters
Kitchen: 3.63 x 2.93 meters

Second level

Primary Bedroom: 3.31 x 3.4 meters
Bedroom 2: 4.09 x 2.99 meters
Bedroom 3: 2.98 x 2.87 meters

Basement

Recreational, Games room: 3.67 x 10.1 meters

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

Market Timing

Days on market

Toronto (Danforth) listings, avg age

42d

Price / ft²

$943

List price

$849K

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.

Area context

Neighbourhood profile (M4J)

This home lists at $849,000, about 9.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 78% above the area median.

Median household income: $93,000
Population: 35,128
Median age: 42
Owner / renter: 62% / 38%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4J)

$849,000· $943/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,900.00

Min 7.06%50%

Mortgage payment$4,375/mo

↳ CMHC premium ($31,564 capitalized)

Property tax (est.)$376/mo

Total monthly$4,751

Cash Needed to Close

Down payment (7.06%)$59,900

Land transfer tax$26,910

Est. closing costs$5,047

Total cash needed$91,857

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259 Milverton Boulevard, Toronto (Danforth) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M4J)

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