2886 Kingston Road, Toronto (Cliffcrest), Ontario, M1M1N5




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$999,000
Toronto
This 10-bedroom, 4-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $999,000, it is attractively priced about 18% below the $1,224,900 median asking price in Toronto. It has been on the market 8 days, fresher than the Toronto average of 60 days.
Power of sale opportunity on corner lot in Cliffcrest. Rare 2 Storey Detached Investment Property. Income Property Or Commercial Opportunity On Prime Land With High Traffic Count ~ 50K+ Cars During Weekdays. The Over-Sized, pie-shaped corner lot offers 80 feet of frontage 130Ft of depth with re-zoning potential. 2 Sep Entrances, Self- Contained Nanny Suite in rear can be re-converted to a garage. Shared Laundry Facility, 6+3 Bedrms, 3+1 Bath. Large 8 Car Parking area behind is accessable from Harewood Ave in a Mature Residential Community. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 60 days across the listings currently for sale in this city
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.
This 10-bed single family in Toronto (Cliffcrest) has been listed for 8 days, which is 52 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $999,000, about 11.5× the local median household income of $87,000.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 124% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice