$869,900

For sale

Book a showing

2966 Islington Avenue, Toronto (Humber Summit) - Single Family for Sale

2966 Islington Avenue, Toronto (Humber Summit), Ontario, M9L2K6

2 beds2 baths6 parking ft²

18 Rubydale Gardens, Toronto (Humber Summit), Ontario, M9L1B9

6 bd4 ba10 pk1,300 ft²Lot size 42 × 114 ft (4,731 sq ft)

Listed by HOMELIFE/MIRACLE REALTY LTD

10 Bruno Court, Toronto (Humber Summit), Ontario, M9L2J3

For sale

13 days ago

$999K

10 Bruno Court, Toronto (Humber Summit), Ontario, M9L2J3

3 bd2 ba4 pk1,300 ft²Lot size 26 × 123 ft (3,139 sq ft)

Listed by RE/MAX PREMIER INC.

11 Anthia Drive, Toronto (Humber Summit), Ontario, M9L1K6

For sale

17 days ago

$840K

11 Anthia Drive, Toronto (Humber Summit), Ontario, M9L1K6

4 bd2 ba4 pk1,750 ft²Lot size 30 × 120 ft (3,618 sq ft)

Listed by REMAX YOUR COMMUNITY REALTY

102A Whitfield Avenue, Toronto (Humber Summit), Ontario, M9L1G7

For sale

29 days ago

$1.40M

102A Whitfield Avenue, Toronto (Humber Summit), Ontario, M9L1G7

6 bd4 ba6 pk2,750 ft²Lot size 50 × 118 ft (5,920 sq ft)

Listed by RE/MAX CROSSROADS REALTY INC.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$869,900

Toronto

Book a showing

Description

An incredible opportunity for Investors and or builders to own this amazing Income Property. The Official Plan Designated For MMS zoning (Main Street Mixed Use) ranging from commercial and residential applications. An exceptional area providing enormous upside potential for future development and Rezoning. The City of Toronto is exploring possible approval of additional housing applications and increased density along major roads. All buyers to verify and conduct their own due diligence with the city planning department. (id:66096)

Property Details

MLS®: W13584444
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 900 ft²
Lot Size: 40 × 148 ft (5,920 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,606.37/yr
Listed: 108 days ago

Market Timing

Days on market

108d

Toronto (Humber Summit) listings, avg age

96d

Price / ft²

$967

List price

$870K

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.

Area context

Neighbourhood profile (M9L)

This home lists at $869,900, about 10.7× the local median household income of $81,000.

Carrying it typically needs a household income of about $169,922 (20% down, 25-yr amortization, stress-tested) — roughly 110% above the area median.

Median household income: $81,000
Population: 11,737
Median age: 41.6
Owner / renter: 75% / 25%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA M9L)

$869,900· $967/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment7.13% · $61,990.00

Min 7.13%50%

Mortgage payment$4,479/mo

↳ CMHC premium ($32,316 capitalized)

Property tax (est.)$301/mo

Total monthly$4,780

Cash Needed to Close

Down payment (7.13%)$61,990

Land transfer tax$27,746

Est. closing costs$5,110

Total cash needed$94,846

Get Pre-Approved · Free & Fast

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

2966 Islington Avenue, Toronto (Humber Summit) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M9L)

Book a showing

Full Cost Breakdown