$980,000

For sale

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325 Greenwood Avenue, Toronto (Greenwood-Coxwell) - Single Family for Sale

325 Greenwood Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2R6

3 beds2 baths2 parking ft²

69 Hertle Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2T3

4 bd2 ba2 pk900 ft²Lot size 23 × 100 ft (2,290 sq ft)

Listed by REAL ESTATE HOMEWARD

114 Rhodes Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L3A1

For saleJust listed

Yesterday

$700K

114 Rhodes Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L3A1

3 bd1 ba1,300 ft²Lot size 15 × 110 ft (1,595 sq ft)

Listed by BOSLEY REAL ESTATE LTD.

251 Ashdale Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2Y8

For saleJust listed

Yesterday

$875K

251 Ashdale Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2Y8

3 bd2 ba900 ft²Lot size 17 × 122 ft (2,050 sq ft)

Listed by THE WEIR TEAM, BROKERAGE INC.

43 Fairford Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2J9

For saleJust listed

4 days ago

$899K

43 Fairford Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L2J9

3 bd2 ba1 pk900 ft²Lot size 18 × 74 ft (1,328 sq ft)

Listed by ROYAL LEPAGE ESTATE REALTY

Investment analysis

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$980,000

Toronto

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Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $980,000, it is attractively priced about 7% below the $1,049,000 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 49 days.

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Description

Turn-Key Investment Opportunity In The Heart Of Toronto! This detached property at 325 Greenwood Ave offers an excellent opportunity for investors or buyers looking to live in one unit while generating rental income from the other. Featuring two full, self-contained rental units - a spacious main floor two-bedroom suite and a separate upper level one-bedroom suite - the property provides flexibility, functionality and strong income potential. Two units. Two-car parking. Detached. Renovated. Income potential. A versatile property offering multiple paths for investors and end users alike. (id:66096)

Rooms

Main level

Living room: 4.03 x 3.6 meters
Kitchen: 5.05 x 3.2 meters
Dining room: 5.05 x 3.2 meters
Primary Bedroom: 3.42 x 3.3 meters

Basement

Bedroom: 4.11 x 3.43 meters

Second level

Living room: 3.12 x 4.52 meters
Kitchen: 2.77 x 3.2 meters
Bedroom: 2.87 x 3.4 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

21d

Toronto (Greenwood-Coxwell) listings, avg age

49d

Price / ft²

$754

List price

$980K

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 (M4L)

This home lists at $980,000, about 9.7× the local median household income of $101,000.

Carrying it typically needs a household income of about $191,428 (20% down, 25-yr amortization, stress-tested) — roughly 90% above the area median.

Median household income: $101,000
Population: 32,218
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4L)

$980,000· $754/ft²

For sale

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Full Cost Breakdown

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Down Payment7.45% · $73,000

Min 7.45%50%

Mortgage payment$5,029/mo

↳ CMHC premium ($36,280 capitalized)

Property tax (est.)$421/mo

Total monthly$5,450

Cash Needed to Close

Down payment (7.45%)$73,000

Land transfer tax$32,150

Est. closing costs$5,440

Total cash needed$110,590

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

325 Greenwood Avenue, Toronto (Greenwood-Coxwell) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M4L)

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Full Cost Breakdown