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$859,900

$899,000For salePrice drop↓ $39,100 (4%)

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37 Gambello Crescent, Toronto (York University Heights) - Single Family for Sale

37 Gambello Crescent, Toronto (York University Heights), Ontario, M3J1W2

3 beds2 baths3 parking1,300 ft²46 × 108 ft (4,962 sq ft) lot sizeListed 33 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $859,900, it is attractively priced about 28% below the $1,189,000 median asking price in Toronto. It has been on the market 33 days, fresher than the Toronto average of 64 days.

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Description

Beautifully updated semi-detached bungalow with excellent income potential! This inviting home features a spacious living and dining room on the main level, two bedrooms and hardwood flooring throughout. The main level includes an updated kitchen with quartz countertops and new ceramic flooring, while the finished basement offers additional living space with new vinyl flooring. The home features two renovated bathrooms, new vinyl windows throughout, and an upgraded electrical system to 100 amps. The finished basement, complete with a separate entrance, offers excellent in-law or income potential. It features an updated kitchen, one bedroom, a family room and a renovated four piece bathroom. New oak stairs to the basement. Freshly painted throughout. Ideally located close to all amenities, including TTC, LRT, Subway, Hospital, Schools, parks, and shopping. Situated in a great family friendly neighbourhood. (id:66096)

Property Details

MLS®: W13858912
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 46 × 108 ft (4,962 sq ft)
Frontage: 45 ft
Storeys: 1
Style: Raised bungalow
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Baseboard heaters, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $3,897.94/yr

Rooms

Main level

Living room: 4.38 x 4 meters
Dining room: 3.3 x 3.83 meters
Kitchen: 3.3 x 3.2 meters
Primary Bedroom: 4.57 x 3.3 meters
Bedroom 2: 3.51 x 2.91 meters

Lower level

Living room: 5.3 x 3.28 meters
Kitchen: 3.32 x 2.76 meters
Bedroom: 3.48 x 2.76 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, Garage door opener remote(s)
Flooring: Tile, Hardwood, Parquet, Carpeted, Vinyl
Foundation: Concrete
Exterior: Brick
Lot Features: Irregular lot size, Carpet Free, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Toronto (York University Heights) listings, avg age

64d

Price / ft²

$661

List price

$860K

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 3-bed single family in Toronto (York University Heights) has been listed for 33 days, which is 31 days fresher than the city average of 64. Act while there is still low competition.

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Listed by CENTURY 21 HERITAGE GROUP LTD. · DIANE HOLLAND

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3J)

This home lists at $859,900, about 11.4× the local median household income of $75,500.

Carrying it typically needs a household income of about $167,969 (20% down, 25-yr amortization, stress-tested) — roughly 122% above the area median.

Median household income: $75,500
Population: 26,600
Median age: 36
Owner / renter: 48% / 52%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3J)

$859,900· $661/ft²

For sale

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Full Cost Breakdown

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Down Payment7.09% · $60,990

Min 7.09%50%

Mortgage payment$4,429/mo

↳ CMHC premium ($31,956 capitalized)

Property tax (est.)$325/mo

Total monthly$4,754

Cash Needed to Close

Down payment (7.09%)$60,990

Land transfer tax$27,346

Est. closing costs$5,080

Total cash needed$93,416

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Open house

37 Gambello Crescent, Toronto (York University Heights) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M3J)

Book a showing

Full Cost Breakdown