$1,499,000

For sale

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278 Avenue Road, Toronto (Casa Loma) - Single Family for Sale

278 Avenue Road, Toronto (Casa Loma), Ontario, M4G1G4

126 Lyndhurst Avenue, Toronto (Casa Loma), Ontario, M5R2Z9

5 bd5 ba3 pk3,250 ft²Lot size 35 × 187 ft (6,453 sq ft)

Listed by FOREST HILL REAL ESTATE INC.

350A Walmer Road, Toronto (Casa Loma), Ontario, M5R2Y4

For saleJust listed

3 days ago

$5.70M

350A Walmer Road, Toronto (Casa Loma), Ontario, M5R2Y4

5 bd5 ba4 pk3,250 ft²Lot size 25 × 175 ft (4,370 sq ft)

Listed by HARVEY KALLES REAL ESTATE LTD.

126 Hilton Avenue, Toronto (Casa Loma), Ontario, M5R3E7

For sale

9 days ago

$1.80M

126 Hilton Avenue, Toronto (Casa Loma), Ontario, M5R3E7

5 bd4 ba1 pk2,250 ft²Lot size 27 × 75 ft (1,995 sq ft)

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

1 Nina Street, Toronto (Casa Loma), Ontario, M5R1Z2

For sale

13 days ago

$5.00M

1 Nina Street, Toronto (Casa Loma), Ontario, M5R1Z2

6 bd5 ba5 pk4,250 ft²Lot size 60 × 120 ft (7,176 sq ft)

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Investment analysis

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$1,499,000

Toronto

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4 beds4 baths4 parking2,750 ft²20 × 121 ft (2,452 sq ft) lot sizeListed 9 days ago

Overview

This 4-bedroom, 4-bathroom home in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 9 days, fresher than the Toronto average of 48 days.

Houses for Sale in Toronto →All real estate in Toronto →

Description

PRIME RATHNELLY LOCATION | RESIDENTIAL & COMMERCIAL ZONING | EXCEPTIONAL POTENTIAL Attention Developers, Investors & Entrepreneurs! This full three-storey brick semi-detached property offers residential and commercial zoning along this stretch of Avenue Road, presenting exciting possibilities for redevelopment, renovation, investment or a customized live/work concept. Ideally situated within walking distance of Summerhill, Yorkville and Yonge & Bloor, with convenient TTC access and approximately a 10-minute walk to Summerhill or Dupont subway stations. Just minutes from Toronto's downtown core, this is an opportunity to secure a versatile property in an established and highly desirable neighbourhood. SOLD AS IS, WHERE IS. PRICED TO SELL! Bring your vision and unlock the potential. (id:66096)

Property Details

MLS®: C14118358
Property Type: Single Family
Zoning: CR1.5 (c1;r1*1966)
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 20 × 121 ft (2,452 sq ft)
Frontage: 20 ft
Storeys: 3
Basement: Finished, N/A
Heating: Radiant heat, Electric
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $19,705.7/yr
Listed: 9 days ago

Features

Foundation: Stone
Exterior: Brick
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Casa Loma) listings, avg age

48d

Price / ft²

$545

List price

$1.50M

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 (Casa Loma) has been listed for 9 days, which is 39 days fresher than the city average of 48. Act while there is still low competition.

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · KAIJA MAIRE PITT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4G)

This home lists at $1,499,000, about 11.5× the local median household income of $130,000.

Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 125% above the area median.

Median household income: $130,000
Population: 19,598
Median age: 44.4
Owner / renter: 68% / 32%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4G)

$1,499,000· $545/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,900.00

Min 8.33%50%

Mortgage payment$7,618/mo

↳ CMHC premium ($54,964 capitalized)

Property tax (est.)$1,642/mo

Total monthly$9,260

Cash Needed to Close

Down payment (8.33%)$124,900

Land transfer tax$52,910

Est. closing costs$6,997

Total cash needed$184,807

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice