$999,000

For sale

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4 First Avenue, Toronto (South Riverdale) - Single Family for Sale

4 First Avenue, Toronto (South Riverdale), Ontario, M4M1W8

3 beds2 baths1 parking ft²

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5 bd4 ba1,750 ft²Lot size 17 × 50 ft (877 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

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2 days ago

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108 Coady Avenue, Toronto (South Riverdale), Ontario, M4M2Y8

4 bd3 ba1,750 ft²Lot size 17 × 80 ft (1,360 sq ft)

Listed by BOSLEY REAL ESTATE LTD.

109 De Grassi Street, Toronto (South Riverdale), Ontario, M4M2K5

For saleJust listed

3 days ago

$949K

109 De Grassi Street, Toronto (South Riverdale), Ontario, M4M2K5

4 bd1 ba900 ft²Lot size 20 × 93 ft (1,860 sq ft)

Listed by REAL BROKER ONTARIO LTD.

40 Morse Street, Toronto (South Riverdale), Ontario, M4M2P6

For saleJust listed

3 days ago

$1.60M

40 Morse Street, Toronto (South Riverdale), Ontario, M4M2P6

4 bd3 ba1 pk1,300 ft²Lot size 18 × 129 ft (2,322 sq ft)

Listed by CHESTNUT PARK REAL ESTATE LIMITED

Investment analysis

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$999,000

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 $999,000, it is attractively priced about 23% below the $1,298,000 median asking price in Toronto. It has been on the market 11 days, fresher than the Toronto average of 49 days.

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Description

Unlock exceptional value in one of Toronto's most sought-after neighbourhoods. This versatile, two-storey duplex with a full basement is located in the heart of South Riverdale, offering the perfect blend of urban convenience, strong rental income potential, and long-term capital appreciation. Whether you are an investor looking to add a high-yield property to your portfolio, or a buyer seeking a savvy live-in-one, rent-the-other setup, this property delivers on every front. Don't miss out on this rare East End gem that is minutes to Downtown Toronto and access to DVP and Gardiner expressway. (id:66096)

Rooms

Main level

Kitchen: 3.07 x 3.21 meters
Dining room: 3.08 x 3.58 meters
Living room: 3.19 x 4.33 meters
Family room: 3.68 x 3.52 meters

Second level

Kitchen: 3.07 x 3.21 meters
Bathroom: 1.98 x 2.47 meters
Bedroom: 2.37 x 3.87 meters
Primary Bedroom: 4.33 x 3.5 meters

Basement

Bathroom: 1.97 x 3.27 meters
Recreational, Games room: 4.33 x 7.87 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

11d

Toronto (South Riverdale) listings, avg age

49d

Price / ft²

$768

List price

$999K

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 (M4M)

This home lists at $999,000, about 10.1× the local median household income of $99,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 97% above the area median.

Median household income: $99,000
Population: 25,052
Median age: 38.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$999,000· $768/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$469/mo

Total monthly$5,593

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$32,910

Est. closing costs$5,497

Total cash needed$113,307

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

4 First Avenue, Toronto (South Riverdale) - Single Family for Sale

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Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M4M)

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Full Cost Breakdown