$1,650,000

For saleJust listed

3 Gair Drive, Toronto (Alderwood) - Single Family for Sale

3 Gair Drive, Toronto (Alderwood), Ontario, M8W4P2

5 beds4 baths10 parking2,250 ft²40 × 133 ft (5,300 sq ft) lot sizeListed 7 days ago

Overview

This 5-bedroom, 4-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. It has been on the market 7 days, fresher than the Toronto average of 43 days.

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Description

Welcome To This Meticulously Maintained, 8-Year-Old Custom-Rebuilt Home in Alderwood, a Wonderful Family Neighbourhood Known For Its Strong Sense Of Community. Situated On a Generous 40 x 132.5 Ft Lot, This Thoughtfully Designed Residence Maximizes Space and Functionality, Offering 4+1 Bedrooms and 4 Bathrooms. The Main Floor Features Ceilings Over 9 Ft, Spacious Hallways, Hardwood Floors, Pot Lights, and Elegant Formal Living and Dining Rooms. The Large Eat-In Kitchen Walks Out To A Covered Deck Overlooking The Backyard, Ideal For Family Living and Entertaining. Four Spacious Bedrooms Include a Generous Primary Suite w 5 Piece Ensuite. The Expansive Lower Level Offers Excellent Additional Living Space With Potential For An In-Law Or Nanny Suite, Complete With a Separate Entrance. A Large Double-Car Garage with Storage, Extra Shed and Ample Multi-Car Parking Add To The Appeal. Ideally Located Steps To Public Transit And Schools, Close to Sherway Gardens, and Offering Quick Access to Major Highways and The Airport. An Exceptional Opportunity To Enjoy Space, Comfort, and Convenience In a Sought-After Family Community. ** This is a linked property.** (id:66096)

Property Details

MLS®: W14124920
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 10
Interior Size: 2,250 ft²
Lot Size: 40 × 133 ft (5,300 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $8,931.5/yr

Rooms

Main level

Living room: 4.04 x 3.96 meters
Dining room: 3.58 x 3.58 meters
Kitchen: 6.5 x 3.89 meters

Lower level

Laundry room: 4.06 x 2.9 meters
Utility room: 6.5 x 1.22 meters
Kitchen: 5.99 x 5.18 meters
Bedroom 5: 6.5 x 3.78 meters

Second level

Primary Bedroom: 5.18 x 4.19 meters
Bedroom 2: 3.96 x 3.45 meters

Features

Appliances: Washer, Refrigerator, Whirlpool, Gas stove(s), Dishwasher, Dryer, Microwave, Hood Fan, Garage door opener remote(s), Water Heater
Flooring: Tile, Hardwood, Laminate, Ceramic
Foundation: Concrete
Exterior: Stone, Stucco
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Alderwood) listings, avg age

43d

Price / ft²

$733

List price

$1.65M

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 (Alderwood) has been listed for 7 days, which is 36 days fresher than the city average of 43. Act while there is still low competition.

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Listed by RE/MAX PROFESSIONALS INC. · MOTRIA DZULYNSKY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8W)

This home lists at $1,650,000, about 17.4× the local median household income of $95,000.

Carrying it typically needs a household income of about $322,303 (20% down, 25-yr amortization, stress-tested) — roughly 239% above the area median.

Median household income: $95,000
Population: 22,381
Median age: 41.6
Owner / renter: 65% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M8W)

$1,650,000· $733/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $330,000

Min 20%50%

Mortgage payment$7,037/mo

Property tax (est.)$744/mo

Total monthly$7,781

Cash Needed to Close

Down payment (20%)$330,000

Land transfer tax$58,950

Est. closing costs$7,450

Total cash needed$396,400

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