$1,089,000

For saleJust listed

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280-282 Brown's Line, Toronto (Alderwood) - Single Family for Sale

280-282 Brown's Line, Toronto (Alderwood), Ontario, M8W3T5

2 beds1 bath parking

165 Thirtieth Street, Toronto (Alderwood), Ontario, M8W3C3

4 bd3 ba3 pk900 ft²Lot size 35 × 135 ft (4,725 sq ft)

Listed by RE/MAX PREMIER INC.

3 Gair Drive, Toronto (Alderwood), Ontario, M8W4P2

For sale

7 days ago

$1.65M

3 Gair Drive, Toronto (Alderwood), Ontario, M8W4P2

5 bd4 ba10 pk2,250 ft²Lot size 40 × 133 ft (5,300 sq ft)

Listed by RE/MAX PROFESSIONALS INC.

12 Silvercrest Avenue, Toronto (Alderwood), Ontario, M8W2S4

For sale

8 days ago

$888K

12 Silvercrest Avenue, Toronto (Alderwood), Ontario, M8W2S4

5 bd2 ba4 pk900 ft²Lot size 40 × 125 ft (5,000 sq ft)

Listed by CENTURY 21 PERCY FULTON LTD.

90 Gort Avenue, Toronto (Alderwood), Ontario, M8W1X4

For sale

8 days ago

$1.48M

90 Gort Avenue, Toronto (Alderwood), Ontario, M8W1X4

3 bd4 ba4 pk1,750 ft²Lot size 22 × 100 ft (2,220 sq ft)

Listed by HOME & CONDO MARKET

Investment analysis

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$1,089,000

Toronto

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25 × 115 ft (2,875 sq ft) lot size

Overview

This 2-bedroom, 1-bathroom home in Toronto is for sale. Listed at $1,089,000, it is attractively priced about 5% below the $1,150,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 43 days.

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Description

Amazing opportunity to own a commercial/residential space, prime Alderwood area. Store front exposure on brown's line, lots of shared front parking, single built-in parking garage at the rear of the property for owner/tenant private parking. current owner has a well established business "JOSEPHINE SPA" and has been in operation since 2002. BUSINESS CAN BE SOLD SEPARATELY if buyer is interested? SPA use the Main floor and basement. separate entrance to the second floor apartment, open concept layout. TRAFFIC PATTERN - HEAVY Onsite Details: PREDOMINANT EXPOSURE - EAST, REAR ACCESS - DRIVEWAY, FREEON SITE, TRANSIT - BUS, OFFICIAL PLAN DESIGNATED - MIXED USE (INCLUDING RESIDENTIAL), MAJOR TRANSIT. Highly desirable area of south Etobicoke with easy access to 427/QEW/401. steps to go/streetcars. walk to all amenities and park area. (id:66096)

Property Details

MLS®: W14150270
Property Type: Single Family
Zoning: CR2(c2;r1.5), CR2(c2;r1.5)*820)
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Lot Size: 25 × 115 ft (2,875 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Finished, N/A
Heating: Radiant heat, Electric
Cooling: Central air conditioning
Garage: Garage
Property Tax: $9,636/yr
Listed: Today

Features

Appliances: Water meter, Water Heater
Foundation: Concrete
Exterior: Concrete, Brick
Lot Features: Lane

Services

Water: Municipal water
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Alderwood) listings, avg age

43d

List price

$1.09M

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 2-bed single family in Toronto (Alderwood) has been listed for 0 days, which is 43 days fresher than the city average of 43. Act while there is still low competition.

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Listed by RE/MAX REALTY SPECIALISTS INC. · CLEMENTE CABILLAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8W)

This home lists at $1,089,000, about 11.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $212,720 (20% down, 25-yr amortization, stress-tested) — roughly 124% above the area median.

Median household income: $95,000
Population: 22,381
Median age: 41.6
Owner / renter: 65% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M8W)

$1,089,000

For sale

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Full Cost Breakdown

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Down Payment7.70% · $83,900

Min 7.70%50%

Mortgage payment$5,572/mo

↳ CMHC premium ($40,204 capitalized)

Property tax (est.)$803/mo

Total monthly$6,375

Cash Needed to Close

Down payment (7.70%)$83,900

Land transfer tax$36,510

Est. closing costs$5,767

Total cash needed$126,177

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