$1,698,000

For saleJust listed

Book a showing

4 Michigan Drive, Toronto (Newtonbrook East) - Single Family for Sale

4 Michigan Drive, Toronto (Newtonbrook East), Ontario, M2M3J1

3 beds2 baths parking

65 Northwood Drive, Toronto (Newtonbrook East), Ontario, M2M2J9

4 bd5 ba7 pk5,000 ft²Lot size 54 × 217 ft (11,718 sq ft)

Listed by FOREST HILL REAL ESTATE INC.

212 Cummer Avenue, Toronto (Newtonbrook East), Ontario, M2M2E7

For saleJust listed

2 days ago

$2.00M

212 Cummer Avenue, Toronto (Newtonbrook East), Ontario, M2M2E7

6 bd3 ba8 pk2,250 ft²Lot size 68 × 325 ft (21,938 sq ft)

Listed by REAL ONE REALTY INC.

50 Silverview Drive, Toronto (Newtonbrook East), Ontario, M2M2B3

For saleJust listed

5 days ago

$1.40M

50 Silverview Drive, Toronto (Newtonbrook East), Ontario, M2M2B3

5 bd4 ba4 pk1,300 ft²Lot size 50 × 120 ft (6,000 sq ft)

Listed by JDL REALTY INC.

64 Risebrough Avenue, Toronto (Newtonbrook East), Ontario, M2M2E3

For saleJust listed

6 days ago

$3.80M

64 Risebrough Avenue, Toronto (Newtonbrook East), Ontario, M2M2E3

5 bd7 ba4 pk4,250 ft²Lot size 52 × 137 ft (7,148 sq ft)

Listed by iCloud Realty Ltd.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$1,698,000

Toronto

Book a showing

65 × 129 ft (8,353 sq ft) lot size

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 350 sq ft of space. Its $1,698,000 asking price sits right in line with the $1,749,000 median in Toronto. It has been on the market 0 days, fresher than the Toronto average of 68 days.

Houses for Sale in Toronto →All real estate in Toronto →

Description

Exceptional North York opportunity on a premium 65 by 128.47 Foot Lot backing onto Lillian Park. This Spacious detached side-split-4 with 3 bedrooms and 3 bathrooms including a spacious Den/Office and 2 wood-burning Fireplaces and Finished Recreational Basement. Separate Rear Entrance has Potential for Nanny Suite. Ready for a full custom renovation or multi-generational living. Close to Parks, Transit, Finch Subway and Top Schools. Property being sold "as is, where is" with no warranties. Bring your vision and transform this property into something truly special. (id:66096)

Property Details

MLS®: C14150398
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 6
Interior Size: 350 ft²
Lot Size: 65 × 129 ft (8,353 sq ft)
Frontage: 65 ft
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $9,629.75/yr
Listed: Today

Rooms

Main level

Living room: 4.68 x 5.8 meters
Dining room: 4.59 x 3.58 meters
Kitchen: 4.51 x 3.94 meters
Foyer: 1.55 x 1.76 meters

Second level

Primary Bedroom: 3.93 x 4.1 meters
Bedroom 2: 4.91 x 2.99 meters
Bedroom 3: 3.77 x 3.5 meters

In between

Den: 3.93 x 3.77 meters

Lower level

Recreational, Games room: 4.82 x 7.72 meters
Laundry room: 4.38 x 7.62 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, Window Coverings
Flooring: Hardwood
Foundation: Block
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Newtonbrook East) listings, avg age

68d

Price / ft²

$4,858

List price

$1.70M

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 (Newtonbrook East) has been listed for 0 days, which is 68 days fresher than the city average of 68. Act while there is still low competition.

Set a price alert Book a showing

Listed by REAL BROKER ONTARIO LTD. · Lori Younder

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $1,698,000, about 21.0× the local median household income of $81,000.

Carrying it typically needs a household income of about $331,679 (20% down, 25-yr amortization, stress-tested) — roughly 309% 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)

$1,698,000· $4,858/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment20% · $339,600

Min 20%50%

Mortgage payment$7,242/mo

Property tax (est.)$802/mo

Total monthly$8,044

Cash Needed to Close

Down payment (20%)$339,600

Land transfer tax$60,870

Est. closing costs$7,594

Total cash needed$408,064

Get Pre-Approved · Free & Fast

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