$850,000

For sale

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297 Gilbert Avenue, Toronto (Caledonia-Fairbank) - Single Family for Sale

297 Gilbert Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E4W8

6 beds3 baths3 parking ft²

2256 Dufferin Street, Toronto (Caledonia-Fairbank), Ontario, M6E3S3

3 bd2 ba3 pk350 ft²Lot size 29 × 100 ft (2,853 sq ft)

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

166 Ennerdale Road, Toronto (Caledonia-Fairbank), Ontario, M6E4C9

For sale

8 days ago

$899K

166 Ennerdale Road, Toronto (Caledonia-Fairbank), Ontario, M6E4C9

4 bd2 ba2 pk1,300 ft²Lot size 25 × 138 ft (3,450 sq ft)

Listed by SAGE REAL ESTATE LIMITED

32 Kirknewton Road, Toronto (Caledonia-Fairbank), Ontario, M6E3Y1

For sale

8 days ago

$1.05M

32 Kirknewton Road, Toronto (Caledonia-Fairbank), Ontario, M6E3Y1

3 bd3 ba7 pk1,300 ft²Lot size 25 × 132 ft (3,290 sq ft)

Listed by REMAX YOUR COMMUNITY REALTY

91 Kirknewton Road, Toronto (Caledonia-Fairbank), Ontario, M6E3X9

For sale

8 days ago

$850K

91 Kirknewton Road, Toronto (Caledonia-Fairbank), Ontario, M6E3X9

4 bd2 ba1,300 ft²Lot size 17 × 132 ft (2,299 sq ft)

Listed by SUTTON GROUP REALTY SYSTEMS INC.

Investment analysis

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$850,000

Toronto

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Description

Renovated Detached Bungalow, featuring a bright open-concept main floor with eat-in kitchen and plenty of natural light. Finished basement with in-law suite, 2nd kitchen, high ceilings, 2 baths, separate walk-out, and 2 laundries. Large 2-car garage, 2 sheds & maintenance-free backyard. Prime family neighbourhood, just 5 mins to Fairbank Subway Station, TTC, schools, cafes, restaurants, places of worship & more! (id:66096)

Property Details

MLS®: W14091432
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 3
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 23 × 127 ft (2,967 sq ft)
Frontage: 23 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $5,650/yr
Listed: 18 days ago

Rooms

Main level

Living room: 2.37 x 1.82 meters
Dining room: 2.37 x 1.64 meters
Kitchen: 1.82 x 3.47 meters
Primary Bedroom: 4.2 x 2.95 meters
Bedroom: 4.2 x 2.95 meters
Bedroom: 3.68 x 2.62 meters
Bedroom: 3.68 x 2.52 meters

Basement

Bedroom: 1.88 x 3.9 meters
Bedroom: 3.47 x 2.19 meters
Kitchen: 2.83 x 4.87 meters
Dining room: 2.83 x 4.87 meters
Bedroom: 2.34 x 2.77 meters

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

Market Timing

Days on market

18d

Toronto (Caledonia-Fairbank) listings, avg age

52d

Price / ft²

$654

List price

$850K

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 (M6E)

This home lists at $850,000, about 10.4× the local median household income of $82,000.

Carrying it typically needs a household income of about $166,035 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$850,000· $654/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $60,000

Min 7.06%50%

Mortgage payment$4,380/mo

↳ CMHC premium ($31,600 capitalized)

Property tax (est.)$471/mo

Total monthly$4,851

Cash Needed to Close

Down payment (7.06%)$60,000

Land transfer tax$26,950

Est. closing costs$5,050

Total cash needed$92,000

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

297 Gilbert Avenue, Toronto (Caledonia-Fairbank) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6E)

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Full Cost Breakdown