$1,598,000

For sale

3022 Bayview Avenue, Toronto (Willowdale East) - Single Family for Sale

3022 Bayview Avenue, Toronto (Willowdale East), Ontario, M2N5L1

7 beds5 baths5 parking2,750 ft²40 × 111 ft (4,452 sq ft) lot sizeListed 52 days ago

Overview

This 7-bedroom, 5-bathroom home in Toronto is for sale offering roughly 2,750 sq ft of space. Listed at $1,598,000, it is attractively priced about 38% below the $2,588,000 median asking price in Toronto. It has been on the market 52 days, fresher than the Toronto average of 56 days.

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Description

A Rare Opportunity in Prime Willowdale East - Luxury Family Home with Flexible Live/Work & Future Development Potential!Welcome to this impressive solid-brick 2-storey family home, built in 1996, ideally situated in the highly sought-after Willowdale East neighbourhood along prestigious Bayview Avenue. Offering exceptional space, functionality and flexibility, this property is well suited for family living, professional home office, flexible live/work use, or potential income-generating opportunities, subject to applicable zoning and municipal approvals.The grand 18-foot 2-storey foyer welcomes you into spacious living and dining rooms featuring elegant French doors, hardwood floors, LED pot lights and refined wainscotting. The generous family-sized kitchen includes a breakfast area and walk-out to a two-tier deck, overlooking the private outdoor space. A warm and inviting family room with gas fireplace and California shutters provides the perfect setting for everyday family living and entertaining.The oak staircase leads to a spacious second floor with a large primary suite featuring a 6-piece ensuite, expansive walk-in closet and bay window. Additional bedrooms are generously sized, with hardwood floors and multiple bathrooms, including two additional ensuite bedrooms, providing excellent privacy and flexibility for a large family, guests, or professional/live-work arrangements.The finished basement provides exceptional flexibility, with an open-concept entertainment area, 3 additional bedrooms, a 3-piece bathroom and kitchen area. Please note: following a previous basement flooding incident, ***the basement flooring and drywall have been removed***. This provides an opportunity for the new owner to redesign and rebuild the lower level to suit their own needs and vision, whether for extended-family living, guest accommodation, home office/studio space or potential income-generating use.Sale "AS IS WHERE IS " (id:66096)

Property Details

MLS®: C13783200
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 4 above · 3 below
Bathrooms: 5
Half Baths: 1
Parking: 5
Interior Size: 2,750 ft²
Lot Size: 40 × 111 ft (4,452 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Family room: 12.89 x 12.01 meters
Kitchen: 17.06 x 14.6 meters
Dining room: 15.75 x 10.73 meters
Living room: 15.75 x 11.81 meters

Second level

Bedroom 2: 14.44 x 10.04 meters
Bedroom 4: 11.81 x 11.02 meters
Primary Bedroom: 19.03 x 17.06 meters
Bedroom 3: 11.22 x 11.02 meters

Basement

Bedroom 5: 13.65 x 10.6 meters

Features

Appliances: Water Heater
Flooring: Tile, Hardwood, Laminate
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (Willowdale East) listings, avg age

56d

Price / ft²

$581

List price

$1.60M

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 7-bed single family in Toronto (Willowdale East) has been listed for 52 days, which is 4 days fresher than the city average of 56. Act while there is still low competition.

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Listed by HOMELIFE NEW WORLD REALTY INC. · ELVIS LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $1,598,000, about 19.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $312,145 (20% down, 25-yr amortization, stress-tested) — roughly 281% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$1,598,000· $581/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $319,600

Min 20%50%

Mortgage payment$6,815/mo

Property tax (est.)$932/mo

Total monthly$7,747

Cash Needed to Close

Down payment (20%)$319,600

Land transfer tax$56,870

Est. closing costs$7,294

Total cash needed$383,764

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