$2,280,000

For sale

3 Greengate Road, Toronto (Banbury-Don Mills) - Single Family for Sale

3 Greengate Road, Toronto (Banbury-Don Mills), Ontario, M3B1E7

5 beds2 baths4 parking1,300 ft²70 × 110 ft (7,707 sq ft) lot sizeListed 38 days ago

Overview

This 5-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $2,280,000, it is attractively priced about 11% below the $2,549,000 median asking price in Toronto. It has been on the market 38 days, fresher than the Toronto average of 49 days.

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Description

Attention builders, developers and investors! One of very few homes backing directly onto Rippleton Park. Don't miss this warm and inviting family home in the highly desirable Banbury-Don Mills neighbourhood! Rarely offered, bungalow detached home with new paint - move right in, or take advantage of the exceptional potential to renovate, reimagine, or build your dream home on this premium 70 x 110 ft lot! Detached garage plus parking for 4. This spacious home boasts a very functional layout with generous principal rooms - perfect for entertaining. A functional galley kitchen with large living and dining room with wood-burning fireplace, overlooking backyard & park, laminate flooring throughout. The finished basement with separate entrance features two bedrooms, one bathroom, walkup to backyard - ideal for in-law suite or future rental potential. The mature treed lot features an oversized backyard stepped out to the park! Situated within steps to many nearby parks, ravines & trails, minutes from Hwy 404 & 401,Shops at Don Mills, Don Mills trails. The location also offers access to top-rated schools, including Rippleton Public School and York Mills Collegiate Institute. Close to renowned private schools (including TFS, Havergal, Crestwood, Crescent & UCC), private clubs (Rosedale Golf Club, Granite Club, and Donalda Golf Club) and botanical garden (Edwards Gardens). And the very best that York Mills has to offer! (id:66096)

Property Details

MLS®: C13839960
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 70 × 110 ft (7,707 sq ft)
Frontage: 70 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: $10,210/yr

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Foundation: Unknown
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

38d

Toronto (Banbury-Don Mills) listings, avg age

49d

Price / ft²

$1,754

List price

$2.28M

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 (Banbury-Don Mills) has been listed for 38 days, which is 11 days fresher than the city average of 49. Act while there is still low competition.

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Listed by RE/MAX REALTRON BARRY COHEN HOMES INC. · EVELYN LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3B)

This home lists at $2,280,000, about 18.8× the local median household income of $121,000.

Carrying it typically needs a household income of about $445,364 (20% down, 25-yr amortization, stress-tested) — roughly 268% above the area median.

Median household income: $121,000
Population: 12,880
Median age: 49.2
Owner / renter: 77% / 23%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M3B)

$2,280,000· $1,754/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $456,000

Min 20%50%

Mortgage payment$9,724/mo

Property tax (est.)$851/mo

Total monthly$10,574

Cash Needed to Close

Down payment (20%)$456,000

Land transfer tax$86,950

Est. closing costs$9,340

Total cash needed$552,290

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