$749,900

For sale

4 Shepmore Terrace, Toronto (Malvern) - Single Family for Sale

4 Shepmore Terrace, Toronto (Malvern), Ontario, M1B3H4

4 beds2 baths5 parking900 ft²43 × 110 ft (4,767 sq ft) lot sizeListed 41 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $749,900, it is attractively priced about 6% below the $799,900 median asking price in Toronto. It has been on the market 41 days, fresher than the Toronto average of 60 days.

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Description

Welcome to a 3-bedroom detached home offering a functional layout, comfortable living space, and the added benefit of no sidewalk, providing additional driveway parking and easier year-round maintenance. The kitchen features granite countertops, a convenient breakfast bar, stainless steel appliances, and plenty of space for everyday meal preparation and entertaining. A washer and dryer provide added household convenience, while the finished basement significantly expands the available living space and includes a 3-piece bathroom, making it ideal for a recreation room, home office, guest area, or extended family use. With three comfortable bedrooms, versatile finished lower-level space, and practical features throughout, this home presents an excellent opportunity for families, first-time buyers, or investors looking for a property with flexibility and room to grow in Toronto. (id:66096)

Property Details

MLS®: E13831474
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 5
Interior Size: 900 ft²
Lot Size: 43 × 110 ft (4,767 sq ft)
Frontage: 43 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,589/yr
Listed: 41 days ago

Rooms

Ground level

Living room: 4.85 x 3 meters
Dining room: 5.51 x 2.85 meters
Kitchen: 5.51 x 2.85 meters

Second level

Primary Bedroom: 4.6 x 3.05 meters
Bedroom 2: 4 x 2.75 meters
Bedroom 3: 3.22 x 2.85 meters

Basement

Bedroom 4: 4.6 x 2.9 meters
Recreational, Games room

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Hardwood, Ceramic
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

41d

Toronto (Malvern) listings, avg age

60d

Price / ft²

$833

List price

$750K

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 (Malvern) has been listed for 41 days, which is 19 days fresher than the city average of 60. Act while there is still low competition.

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Listed by LPT REALTY · DAVE NICHOLAS JOHNSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $749,900, about 8.2× the local median household income of $91,000.

Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 61% above the area median.

Median household income: $91,000
Population: 65,555
Median age: 39.6
Owner / renter: 72% / 28%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1B)

$749,900· $833/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $49,990.00

Min 6.67%50%

Mortgage payment$3,880/mo

↳ CMHC premium ($27,996 capitalized)

Property tax (est.)$299/mo

Total monthly$4,180

Cash Needed to Close

Down payment (6.67%)$49,990

Land transfer tax$22,946

Est. closing costs$4,750

Total cash needed$77,686

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