$1,148,000

$1,198,000For salePrice drop↓ $50,000 (4%)

266 Roxton Road, Toronto (Palmerston-Little Italy) - Single Family for Sale

266 Roxton Road, Toronto (Palmerston-Little Italy), Ontario, M6G3P9

4 beds2 baths1 parking1,300 ft²13 × 126 ft (1,625 sq ft) lot sizeListed 29 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,148,000, it is attractively priced about 36% below the $1,788,000 median asking price in Toronto. It has been on the market 29 days, fresher than the Toronto average of 57 days.

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Description

Welcome to 266 Roxton Road! Offered for the first time in over 40 years! This is a Prime Little Italy opportunity with incredible potential for investors, renovators, and end-users alike!T his 4-bedroom, 2-bathroom Freehold End townhome is ready to be reimagined and offers a flexible layout with multiple possibilities. The upper level is already equipped with a built-in kitchen, creating a strong foundation for an additional apartment, in-law suite, or multi-generational living arrangement, subject to buyer verification and applicable approvals. The basement also features a separate entrance, further adding to the property's versatility and future potential. A laneway garage provides added convenience, while the private, lush backyard offers a unique touch with established grape vines, plum trees, and pear trees right in the heart of the city. Located just steps from College Street and close to public transit, schools, shops, cafes, restaurants, and everything Little Italy has to offer. Roof and furnace replaced in 2020.Bring your vision, add value, and unlock the potential of this well-located Toronto property. Property is being sold in "as is, where is" condition. Seller makes no representations or warranties. (id:66096)

Property Details

MLS®: C13872266
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 13 × 126 ft (1,625 sq ft)
Frontage: 12 ft
Storeys: 2
Basement: Walk-up, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $6,643.5/yr
Listed: 29 days ago

Rooms

Main level

Living room: 2.4 x 3.77 meters
Dining room: 2.67 x 4.09 meters
Kitchen: 2.46 x 4.8 meters
Bedroom 4: 2.45 x 3.12 meters

Second level

Bedroom 3: 2.44 x 3.13 meters
Kitchen: 2.46 x 2.64 meters
Bedroom 2: 1.95 x 3.64 meters
Primary Bedroom: 3.57 x 3.67 meters

Basement

Laundry room: 2.45 x 4.79 meters

Features

Appliances: Window Coverings, Water Heater
Foundation: Unknown
Exterior: Aluminum siding, Insul Brick
Lot Features: Lane, Carpet Free, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Palmerston-Little Italy) listings, avg age

57d

Price / ft²

$883

List price

$1.15M

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 (Palmerston-Little Italy) has been listed for 29 days, which is 28 days fresher than the city average of 57. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · ERIKA ACEVEDO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6G)

This home lists at $1,148,000, about 12.6× the local median household income of $91,000.

Carrying it typically needs a household income of about $224,245 (20% down, 25-yr amortization, stress-tested) — roughly 146% above the area median.

Median household income: $91,000
Population: 30,600
Median age: 39.6
Owner / renter: 49% / 51%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6G)

$1,148,000· $883/ft²

For sale

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Full Cost Breakdown

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Down Payment7.82% · $89,800

Min 7.82%50%

Mortgage payment$5,867/mo

↳ CMHC premium ($42,328 capitalized)

Property tax (est.)$554/mo

Total monthly$6,420

Cash Needed to Close

Down payment (7.82%)$89,800

Land transfer tax$38,870

Est. closing costs$5,944

Total cash needed$134,614

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