$899,000

For sale

29 Megan Avenue, Toronto (West Hill) - Single Family for Sale

29 Megan Avenue, Toronto (West Hill), Ontario, M1E4A6

3 beds3 baths5 parking1,750 ft²50 × 200 ft (10,000 sq ft) lot sizeListed 36 days ago

Overview

This 3-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Its $899,000 asking price sits right in line with the $899,000 median in Toronto. It has been on the market 36 days, fresher than the Toronto average of 62 days.

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Description

Welcome To This Amazing 3 Bedroom Home In The Heart Of West Hill, Situated On A Premium 50 X 200 Ft Lot! Rarely Offered! This Bright And Spacious Home Features A Large Picture Window, Generous Living And Dining Areas, And A Bright Oak Eat-In Kitchen Complete With Quartz Countertops And Stainless Steel Appliances. Three Good-Sized Bedrooms Provide Comfortable Living Space For The Whole Family. The Basement Offers A Separate Entrance And Excellent Potential To Create Additional Living Space Or A Basement Suite. There Is Also Potential For A Nanny Suite Subject To The Necessary Approvals. Build, Renovate, Or Enjoy As Is An Exceptional Opportunity In A Prime West Hill Location! Conveniently Located Close To The GO Station, TTC, Highway 401, Parks, Community Centre, Library, Shopping, Schools, And The Waterfront Trail. Just 2.3 Km From The University Of Toronto Scarborough. (id:66096)

Property Details

MLS®: E13846164
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 50 × 200 ft (10,000 sq ft)
Frontage: 50 ft
Storeys: 1
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,260/yr

Rooms

Ground level

Living room: 3.35 x 3.15 meters
Dining room: 4.06 x 2.89 meters
Kitchen: 2.49 x 1.52 meters
Primary Bedroom: 3.4 x 2.79 meters

Second level

Bedroom 2: 3.8 x 3.15 meters

Third level

Bedroom 3: 3.76 x 3.58 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Garage door opener
Foundation: Brick
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (West Hill) listings, avg age

62d

Price / ft²

$514

List price

$899K

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 (West Hill) has been listed for 36 days, which is 26 days fresher than the city average of 62. Act while there is still low competition.

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Listed by HOMELIFE/FUTURE REALTY INC. · THEES THISAIVEERASINGAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1E)

This home lists at $899,000, about 11.0× the local median household income of $82,000.

Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 114% above the area median.

Median household income: $82,000
Population: 48,033
Median age: 41.2
Owner / renter: 63% / 37%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1E)

$899,000· $514/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,900.00

Min 7.22%50%

Mortgage payment$4,624/mo

↳ CMHC premium ($33,364 capitalized)

Property tax (est.)$355/mo

Total monthly$4,979

Cash Needed to Close

Down payment (7.22%)$64,900

Land transfer tax$28,910

Est. closing costs$5,197

Total cash needed$99,007

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