$707,000

$759,000For salePrice drop↓ $52,000 (7%)

285 Old Weston Road, Toronto (Weston-Pellam Park) - Single Family for Sale

285 Old Weston Road, Toronto (Weston-Pellam Park), Ontario, M6N3A7

5 beds3 baths0 parking900 ft²16 × 75 ft (1,222 sq ft) lot sizeListed 31 days ago

Overview

This 5-bedroom, 3-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $707,000, it is attractively priced about 18% below the $859,000 median asking price in Toronto. It has been on the market 31 days, fresher than the Toronto average of 56 days.

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Description

Welcome to 285 Old Weston Road, a fantastic opportunity to own a well-located home in one of York's convenient and established neighbourhoods. This property offers the perfect blend of comfort, functionality, and accessibility, making it ideal for first-time buyers, growing families, investors, or those looking to downsize without compromise. Whether you're looking to move in or invest, 285 Old Weston Road presents exceptional value and endless potential in a highly sought-after location. Don't miss your opportunity to make this property your next home. One of the standout features of this home is the excellent in-law suite potential, offering flexibility for multi-generational living, extended family accommodations, or future income possibilities. (id:66096)

Property Details

MLS®: W13860666
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Parking: 0
Interior Size: 900 ft²
Lot Size: 16 × 75 ft (1,222 sq ft)
Frontage: 16 ft
Storeys: 2
Basement: Separate entrance, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,484/yr
Listed: 31 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Toronto (Weston-Pellam Park) listings, avg age

56d

Price / ft²

$786

List price

$707K

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 5-bed single family in Toronto (Weston-Pellam Park) has been listed for 31 days, which is 25 days fresher than the city average of 56. Act while there is still low competition.

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Listed by BRIMSTONE REALTY BROKERAGE INC. · ZACK FLEMING

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6N)

This home lists at $707,000, about 9.4× the local median household income of $75,500.

Carrying it typically needs a household income of about $138,102 (20% down, 25-yr amortization, stress-tested) — roughly 83% above the area median.

Median household income: $75,500
Population: 40,252
Median age: 40.8
Owner / renter: 58% / 42%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6N)

$707,000· $786/ft²

For sale

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Full Cost Breakdown

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Down Payment6.46% · $45,700.00

Min 6.46%50%

Mortgage payment$3,666/mo

↳ CMHC premium ($26,452 capitalized)

Property tax (est.)$290/mo

Total monthly$3,957

Cash Needed to Close

Down payment (6.46%)$45,700

Land transfer tax$21,230

Est. closing costs$4,621

Total cash needed$71,551

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