$1,290,000

For sale

37 Tefley Road, Toronto (Newtonbrook West) - Single Family for Sale

37 Tefley Road, Toronto (Newtonbrook West), Ontario, M2M1C5

4 beds3 baths5 parking1,750 ft²66 × 129 ft (8,553 sq ft) lot sizeListed 51 days ago

Overview

This 4-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $1,290,000, it is attractively priced about 32% below the $1,899,000 median asking price in Toronto. It has been on the market 51 days, fresher than the Toronto average of 56 days.

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Description

ATTENTION BUILDERS, INVESTORS & END-USERS - A RARE 66 X 129 FT LOT IN NEWTONBROOK WEST! An outstanding opportunity to secure an exceptionally wide property in an established North York neighbourhood surrounded by substantial redevelopment and multi-million-dollar homes. Move in and enjoy today, invest and hold, or build your dream home in the future. The existing solid-brick bungalow is well-maintained, functional and completely livable as-is, offering 3+1 bedrooms, 3 bathrooms, hardwood floors, an oversized attached garage and a finished lower level with separate entrance, second kitchen and additional living space - ideal for extended family or potential income. The expansive 66-foot frontage, deep 129-foot lot and mature private backyard create exciting possibilities for builders, investors and end-users alike. 200-amp electrical service and ample driveway parking. Conveniently located near Yonge Street, Finch Subway Station, TTC, schools, parks, shopping, restaurants and Highway 401. A compelling opportunity to own a substantial piece of North York land with a home you can comfortably live in today and exceptional potential for tomorrow - bring your vision and capitalize on the possibilities. (id:66096)

Property Details

MLS®: C13784806
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 66 × 129 ft (8,553 sq ft)
Frontage: 66 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes

Rooms

Main level

Living room: 6.5 x 3 meters
Dining room: 2.99 x 2.99 meters
Kitchen: 4 x 2.99 meters
Primary Bedroom: 3.99 x 3.8 meters
Bedroom 2: 3.8 x 2.99 meters
Bedroom 3: 3.8 x 2.99 meters

Lower level

Bedroom: 6.84 x 3 meters
Recreational, Games room: 5.69 x 3.59 meters
Kitchen: 2.56 x 2.1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Central Vacuum, Dryer, Two stoves, Window Coverings, Two Refrigerators
Flooring: Tile, Hardwood, Laminate
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Toronto (Newtonbrook West) listings, avg age

56d

Price / ft²

$737

List price

$1.29M

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 (Newtonbrook West) has been listed for 51 days, which is 5 days fresher than the city average of 56. Act while there is still low competition.

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

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $1,290,000, about 15.9× the local median household income of $81,000.

Carrying it typically needs a household income of about $251,982 (20% down, 25-yr amortization, stress-tested) — roughly 211% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$1,290,000· $737/ft²

For sale

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Full Cost Breakdown

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Down Payment8.06% · $104,000

Min 8.06%50%

Mortgage payment$6,575/mo

↳ CMHC premium ($47,440 capitalized)

Property tax (est.)$618/mo

Total monthly$7,193

Cash Needed to Close

Down payment (8.06%)$104,000

Land transfer tax$44,550

Est. closing costs$6,370

Total cash needed$154,920

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