$1,449,995

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4 Ravenscrest Drive, Toronto (Princess-Rosethorn) - Single Family for Sale

4 Ravenscrest Drive, Toronto (Princess-Rosethorn), Ontario, M9B5M7

4 beds2 baths6 parking1,300 ft²50 × 287 ft (14,325 sq ft) lot sizeListed 52 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space.

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Description

Welcome to 4 Ravenscrest Drive, a charming 3-bedroom, 2-bathroom Ranch-Style Bungalow on a beautiful ravine lot in one of Etobicoke's most desirable family neighbourhoods. A truly rare opportunity to create your own personalized home in central Etobicoke, surrounded by mature trees, generous lots and natural beauty. Enjoy nearby Ravenscrest Park, Glen Agar Park, Hampshire Heights Park and the scenic Mimico Creek ravine trails. Excellent schools are close by, including St. Gregory Catholic School, John G. Althouse Middle School, Michael Power/St. Joseph High School and Martingrove Collegiate Institute.Conveniently located near shopping, restaurants, cafés and everyday amenities along Rathburn Road, Martin Grove Road, Burnhamthorpe Road and The East Mall, with Cloverdale Mall and Sherway Gardens nearby. Easy access to Highways 427, 401 and the Gardiner Expressway, Pearson International Airport, TTC, Centennial Park, the Etobicoke Olympium, golf courses and numerous recreational facilities. A rare opportunity to own a detached ravine bungalow in central Etobicoke, ideal for those looking to downsize without giving up the space, privacy and lifestyle of a home. Bring your vision and make 4 Ravenscrest Drive your own. (id:66096)

Property Details

MLS®: W13779054
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 50 × 287 ft (14,325 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Separate entrance, N/A
Heating: Forced air, Oil
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Primary Bedroom: 4 x 3.77 meters
Bedroom 2: 3.06 x 2.95 meters
Bedroom 3: 3.62 x 2.75 meters
Living room: 5.24 x 4 meters
Dining room: 3.12 x 3 meters
Kitchen: 4.56 x 4.08 meters
Foyer: 3 x 2.41 meters

Basement

Bedroom 4: 3.93 x 3.01 meters
Office: 4.98 x 2.94 meters
Laundry room: 3.06 x 2.93 meters

Features

Appliances: Washer, Refrigerator, Whirlpool, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Hardwood
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (Princess-Rosethorn) listings, avg age

53d

Price / ft²

$1,115

List price

$1.45M

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 (Princess-Rosethorn) has been listed for 52 days, which is 1 days fresher than the city average of 53. Act while there is still low competition.

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Listed by SUTTON GROUP OLD MILL REALTY INC. · GIOVANNI CASCHERA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9B)

This home lists at $1,449,995, about 13.4× the local median household income of $108,000.

Carrying it typically needs a household income of about $283,235 (20% down, 25-yr amortization, stress-tested) — roughly 162% above the area median.

Median household income: $108,000
Population: 33,236
Median age: 42
Owner / renter: 74% / 26%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M9B)

$1,449,995· $1,115/ft²

For sale

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Full Cost Breakdown

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Down Payment8.28% · $119,999.50

Min 8.28%50%

Mortgage payment$7,374/mo

↳ CMHC premium ($53,200 capitalized)

Property tax (est.)$510/mo

Total monthly$7,883

Cash Needed to Close

Down payment (8.28%)$120,000

Land transfer tax$50,950

Est. closing costs$6,850

Total cash needed$177,799

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4 Ravenscrest Drive, Toronto (Princess-Rosethorn) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M9B)

Book a showing

Full Cost Breakdown