$929,999

$999,999For salePrice drop↓ $70,000 (7%)

3 Greenacres Road, Toronto (Beechborough-Greenbrook) - Single Family for Sale

3 Greenacres Road, Toronto (Beechborough-Greenbrook), Ontario, M6M4A6

4 beds2 baths3 parking900 ft²55 × 81 ft (4,431 sq ft) lot sizeListed 41 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $929,999, it is attractively priced about 21% below the $1,179,900 median asking price in Toronto. It has been on the market 41 days, fresher than the Toronto average of 61 days.

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Description

Exceptional Opportunity With Incredible Future Potential! A Zoning Certificate Has Been Issued For A Legal Fourplex On This Property, Offering An Excellent Opportunity For Investors, Builders Or End Users. The Seller Also Has A New Zoning Agreement Permitting A Multiple Dwelling Structure On The Site, Which Will Be Transferred To The Buyer. Ideally Located Just Steps From The Future Eglinton Crosstown, Schools, Parks, Groceries, Transit And Everyday Amenities. The Home Features A New Kitchen With Stainless Steel Appliances, New Hunter Douglas Windows, A New Front Door, Updated Flooring, New Light Fixtures And More. The Basement Is Fully Finished And Features A Separate Entrance, With No Kitchen Currently Installed. Situated On A Great Sized Lot With A Private Driveway Offering Parking For 3 Cars, And Storage Shed For Pool Equipment. A Must See Property Offering Immediate Enjoyment With Exceptional Long Term Potential! (id:66096)

Property Details

MLS®: W13824032
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 55 × 81 ft (4,431 sq ft)
Frontage: 55 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,748/yr
Listed: 41 days ago

Rooms

Main level

Kitchen: 2.2 x 2.26 meters
Dining room: 2.97 x 2.43 meters
Living room: 4.8 x 3.12 meters
Primary Bedroom: 3.2 x 3.2 meters

Second level

Bedroom 2: 3.78 x 2.59 meters
Bedroom 3: 3.78 x 3.78 meters

Basement

Recreational, Games room: 4.29 x 2.94 meters
Laundry room: 6.37 x 2.41 meters
Workshop: 3.27 x 3.14 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, Microwave, Freezer, Window Coverings
Foundation: Concrete
Exterior: Brick
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

41d

Toronto (Beechborough-Greenbrook) listings, avg age

61d

Price / ft²

$1,033

List price

$930K

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 4-bed single family in Toronto (Beechborough-Greenbrook) has been listed for 41 days, which is 20 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX EXPERTS · MEGAN GALYANA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6M)

This home lists at $929,999, about 13.0× the local median household income of $71,500.

Carrying it typically needs a household income of about $181,661 (20% down, 25-yr amortization, stress-tested) — roughly 154% above the area median.

Median household income: $71,500
Population: 42,148
Median age: 40
Owner / renter: 46% / 54%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M6M)

$929,999· $1,033/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.31% · $67,999.90

Min 7.31%50%

Mortgage payment$4,779/mo

↳ CMHC premium ($34,480 capitalized)

Property tax (est.)$312/mo

Total monthly$5,091

Cash Needed to Close

Down payment (7.31%)$68,000

Land transfer tax$30,150

Est. closing costs$5,290

Total cash needed$103,440

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