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$2,699,000
Toronto
407 Lake Promenade, Toronto (Long Branch), Ontario, M8W1C3
This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space.
Lakefront living with a lifestyle you'll love, on Lake Promenade. This classic brick detached duplex provides a serene escape from the hustle & bustle of the city whilst offering seamless connectivity. Located in Long Branch, one of Etobicoke's most loved lakeside communities. Steps from Marie Curtis Park beach, trails & the Etobicoke creek and just minutes from the Long Branch GO, the 501 Streetcar and the shops and cafes along Lake Shore Blvd W. 407 Lake Promenade presents a unique opportunity to own a home with direct access to Lake Ontario. Complete with two south facing balconies that overlook the water as well as a deep, private lawn that extends down to a waterfront deck, where you can take in the stunning views of the horizon. Built in the 1950's, and meticulously maintained over the years, giving the next owners a blank canvas to make it their own. With two separate units, plus a double built-in garage and private drive, this property provides utility and waterfront whimsy. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 31 days on market, against an average age of 33 days across the listings currently for sale in this city
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.
This 4-bed single family in Toronto (Long Branch) has been listed for 31 days, which is 2 days fresher than the city average of 33. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,699,000, about 28.4× the local median household income of $95,000.
Carrying it typically needs a household income of about $527,209 (20% down, 25-yr amortization, stress-tested) — roughly 455% above the area median.
Source: Statistics Canada, 2021 Census (FSA M8W)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.