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$1,495,000

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40 Bright Street, Toronto (Moss Park) - Single Family for Sale

40 Bright Street, Toronto (Moss Park), Ontario, M5A3H4

3 beds2 baths1 parking1,300 ft²13 × 84 ft (1,052 sq ft) lot sizeListed 14 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 14 days, fresher than the Toronto average of 61 days.

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Description

Live on one of Toronto's most sought-after streets! This beautifully renovated 2-storey home offers over 2,053 sq. ft. of finished living space (including the basement), featuring 3 bedrooms, 2 bathrooms, and the rare convenience of private parking.Thoughtfully and meticiously renovated from top to bottom, this home perfectly blends timeless character with elegant modern finishes. The open-concept main floor is ideal for everyday living and entertaining, highlighted by a stunning kitchen with stainless steel appliances and seamless access to the maintenance-free, west-facing backyard-perfect for relaxing or hosting guests.Upstairs, you'll find spacious bedrooms filled with natural light. The fully underpinned and waterproofed basement represents a significant investment, with hundreds of thousands spent to create additional living space complete with a large recreation room, a stylish 3-piece bathroom, and abundant storage. (id:66096)

Property Details

MLS®: C14102770
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 13 × 84 ft (1,052 sq ft)
Frontage: 13 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,123/yr
Listed

Rooms

Main level

Living room: 3.78 x 5.58 meters
Dining room: 2.67 x 3.31 meters
Kitchen: 5.86 x 2.59 meters

Second level

Primary Bedroom: 4.78 x 3.78 meters
Bedroom 2: 5.6 x 2.56 meters
Bathroom: 1.63 x 3.73 meters

Third level

Bedroom: 3.87 x 6.45 meters

Basement

Recreational, Games room: 3.55 x 4.87 meters
Laundry room

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Hardwood
Foundation: Concrete
Exterior: Stucco
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$1,150

List price

$1.50M

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 (Moss Park) has been listed for 14 days, which is 47 days fresher than the city average of 61. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · ERICA REDDY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $1,495,000, about 21.1× the local median household income of $71,000.

Carrying it typically needs a household income of about $292,026 (20% down, 25-yr amortization, stress-tested) — roughly 311% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$1,495,000· $1,150/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,500

Min 8.33%50%

Mortgage payment$7,598/mo

↳ CMHC premium ($54,820 capitalized)

Property tax (est.)$510/mo

Total monthly$8,109

Cash Needed to Close

Down payment (8.33%)$124,500

Land transfer tax$52,750

Est. closing costs$6,985

Total cash needed$184,235

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Open house

40 Bright Street, Toronto (Moss Park) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M5A)

Book a showing

Full Cost Breakdown