$1,160,000

For sale

284 Lisgar Street, Toronto (Little Portugal) - Single Family for Sale

284 Lisgar Street, Toronto (Little Portugal), Ontario, M6J3G9

7 beds2 baths0 parking2,250 ft²19 × 96 ft (1,795 sq ft) lot sizeListed 36 days ago

Overview

This 7-bedroom, 2-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Listed at $1,160,000, it is attractively priced about 12% below the $1,325,000 median asking price in Toronto. It has been on the market 36 days, fresher than the Toronto average of 71 days.

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Description

Welcome to Dundas West! A neighbourhood full of character, community, and city living at its best. The home features Victorian Architecture from a time when homes were built to last, with high ceilings, vaulted gables on the 3rd floor, rooftop patio on the 2nd floor and another balcony off the living room! There is a private backyard and with over 2,000 sq ft above grade there is tons of space for everyone. The property currently has strong income as a functional two unit home situated in a high demand area. The approximately 900 sq ft unfinished basement with its own private side entrance has the potential to be developed into an additional self-contained rental suite. Some photos digitally enhanced. (id:66096)

Property Details

MLS®: C13847818
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 7 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 2,250 ft²
Lot Size: 19 × 96 ft (1,795 sq ft)
Frontage: 19 ft
Storeys: 2
Basement: Unfinished, Separate entrance, N/A, N/A
Heating: Radiant heat, Natural gas
Cooling: None
Garage: No Garage, Street
Ownership: Freehold
Property Tax: $7,043/yr
Listed: 36 days ago

Rooms

Main level

Living room: 3.66 x 3.66 meters
Kitchen: 3.35 x 3.66 meters
Primary Bedroom: 4.57 x 3.05 meters
Bedroom 2: 3 x 3.35 meters
Bedroom 3: 4.57 x 3.05 meters

Third level

Bedroom: 4.17 x 3.71 meters
Bedroom: 2.62 x 3.35 meters

Basement

Laundry room: 4.95 x 1.55 meters
Utility room: 2.72 x 1.52 meters

Second level

Features

Appliances: Water meter, Dryer, Hood Fan, Two stoves, Two Washers, Water Heater, Two Refrigerators
Flooring: Tile, Hardwood
Foundation: Unknown
Exterior: Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (Little Portugal) listings, avg age

71d

Price / ft²

$516

List price

$1.16M

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 7-bed single family in Toronto (Little Portugal) has been listed for 36 days, which is 35 days fresher than the city average of 71. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · JENNIFER ROTHSCHILD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $1,160,000, about 12.9× the local median household income of $90,000.

Carrying it typically needs a household income of about $226,589 (20% down, 25-yr amortization, stress-tested) — roughly 152% above the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$1,160,000· $516/ft²

For sale

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Full Cost Breakdown

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Down Payment7.84% · $91,000

Min 7.84%50%

Mortgage payment$5,927/mo

↳ CMHC premium ($42,760 capitalized)

Property tax (est.)$587/mo

Total monthly$6,514

Cash Needed to Close

Down payment (7.84%)$91,000

Land transfer tax$39,350

Est. closing costs$5,980

Total cash needed$136,330

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