$1,449,000

For sale

226 Cranbrooke Avenue, Toronto (Lawrence Park North), Ontario, M5M1M7

3 bd2 ba1 pk1,300 ft²Lot size 25 × 110 ft (2,750 sq ft)

280 Woburn Avenue, Toronto (Lawrence Park North), Ontario, M5M1K9

3 bd1 ba1 pk900 ft²Lot size 23 × 120 ft (2,760 sq ft)

Listed by RIGHT AT HOME REALTY

55 Roslin Avenue, Toronto (Lawrence Park North), Ontario, M4N1Z1

For saleJust listed

2 days ago

$1.30M

55 Roslin Avenue, Toronto (Lawrence Park North), Ontario, M4N1Z1

3 bd3 ba1 pk1,300 ft²Lot size 18 × 94 ft (1,654 sq ft)

Listed by RE/MAX HALLMARK YU GROUP REALTY LTD.

256 Golfdale Road, Toronto (Lawrence Park North), Ontario, M4N2B9

For saleJust listed

3 days ago

$3.50M

256 Golfdale Road, Toronto (Lawrence Park North), Ontario, M4N2B9

3 bd2 ba3 pk1,750 ft²Lot size 50 × 150 ft (7,500 sq ft)

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Investment analysis

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$1,449,000

Toronto

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28 Glen Echo Road, Toronto (Lawrence Park North) - Single Family for Sale

28 Glen Echo Road, Toronto (Lawrence Park North), Ontario, M4N2E1

3 beds2 baths2 parking900 ft²25 × 91 ft (2,217 sq ft) lot sizeListed 66 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $1,449,000, it is attractively priced about 39% below the $2,395,000 median asking price in Toronto.

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Description

Fantastic location with everything a short walk from your front door in an executive location! Bright sunny corner lot on Glen Echo, steps to Yonge street and all amenities. Surrounded by luxury homes in a can't be beat area. Owner had plans approved for a two story house to be built, plans will be included in sale. Great opportunity for builders or renovators. Same owner since 1992, it is a bright and warm home, a little outdated and primed for modernization, could be a great family starter home with some upgrades in a great neighborhood. Downstairs basement apartment with separate entrance for extra income, guests or a family to co-live. Take off the roof and add a 2nd story or make it your families starter home in a dream neighborhood! (id:66096)

Property Details

MLS®: C13726732
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 900 ft²
Lot Size: 25 × 91 ft (2,217 sq ft)
Frontage: 25 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Radiant heat, Natural gas
Cooling: Wall unit
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $7,103/yr
Listed: 66 days ago

Features

Foundation: Block
Exterior: Brick
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

66d

Toronto (Lawrence Park North) listings, avg age

54d

Price / ft²

$1,610

List price

$1.45M

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 North) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by REAL ESTATE HOMEWARD · ADAM S.H GUNN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4N)

This home lists at $1,449,000, about 9.9× the local median household income of $146,000.

Carrying it typically needs a household income of about $283,040 (20% down, 25-yr amortization, stress-tested) — roughly 94% above the area median.

Median household income: $146,000
Population: 16,058
Median age: 46.8
Owner / renter: 64% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4N)

$1,449,000· $1,610/ft²

For sale

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Full Cost Breakdown

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Down Payment8.27% · $119,900

Min 8.27%50%

Mortgage payment$7,369/mo

↳ CMHC premium ($53,164 capitalized)

Property tax (est.)$592/mo

Total monthly$7,961

Cash Needed to Close

Down payment (8.27%)$119,900

Land transfer tax$50,910

Est. closing costs$6,847

Total cash needed$177,657

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