$1,050,000

For sale

341 Rathburn Road, Toronto (Islington-City Centre West), Ontario, M9B2L9

5 bd4 ba5 pk1,300 ft²Lot size 48 × 116 ft (5,510 sq ft)

Listed by RIGHT AT HOME REALTY

78 Meadowbank Road, Toronto (Islington-City Centre West), Ontario, M9B5C9

For saleJust listed

Yesterday

$1.80M

78 Meadowbank Road, Toronto (Islington-City Centre West), Ontario, M9B5C9

3 bd3 ba7 pk2,750 ft²Lot size 85 × 146 ft (12,410 sq ft)

Listed by RE/MAX REALTY SPECIALISTS INC.

31 Furrow Lane, Toronto (Islington-City Centre West), Ontario, M8Z0A2

For saleJust listed

2 days ago

$1.25M

31 Furrow Lane, Toronto (Islington-City Centre West), Ontario, M8Z0A2

4 bd3 ba2 pk1,750 ft²Lot size 14 × 59 ft (826 sq ft)

Listed by ROYAL LEPAGE SIGNATURE REALTY

18 Hillcroft Drive, Toronto (Islington-City Centre West), Ontario, M9B4X5

For saleJust listed

6 days ago

$2.75M

18 Hillcroft Drive, Toronto (Islington-City Centre West), Ontario, M9B4X5

5 bd6 ba6 pk4,250 ft²Lot size 50 × 114 ft (5,700 sq ft)

Listed by RE/MAX PROFESSIONALS INC.

Investment analysis

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$1,050,000

Toronto

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41 Stanmills Road, Toronto (Islington-City Centre West) - Single Family for Sale

41 Stanmills Road, Toronto (Islington-City Centre West), Ontario, M8Z1Y1

3 beds2 baths4 parking900 ft²40 × 125 ft (5,000 sq ft) lot sizeListed 19 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $1,050,000, it is attractively priced about 34% below the $1,598,000 median asking price in Toronto. It has been on the market 19 days, fresher than the Toronto average of 56 days.

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Description

Endless potential in a prime area of Etobicoke. Build your dream home! This 3 bedroom home is being sold in AS IS condition, making it the absolute perfect blank canvas for a family looking to design and build their forever home, or a savvy builder ready to create a masterpiece for their clients. Located in a highly desirable, family friendly neighbourhood. Enjoy being close to top rated schools, local shopping and major transit lines for an effortless commute. Best of all you are a short drive from the heart of Downtown TORONTO offering the perfect balance of suburban comfort and urban access. Bring your vision, your architect, or your builder and unlock the massive potential of this fantastic location. Don't miss out on this incredible investment opportunity. (id:66096)

Property Details

MLS®: W14086404
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 40 × 125 ft (5,000 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,029.76/yr
Listed: 19 days ago

Rooms

Main level

Living room: 4.11 x 4.22 meters
Dining room: 2.73 x 3.9 meters
Kitchen: 4.09 x 3.5 meters
Primary Bedroom: 2.68 x 3.75 meters
Bedroom 2: 2.68 x 3.75 meters
Bedroom 3: 2.84 x 2.69 meters

Basement

Great room: 3.86 x 7.74 meters
Laundry room: 1.4 x 7.99 meters
Cold room: 1.4 x 7.99 meters

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

Features

Appliances: Window Coverings
Flooring: Concrete, Hardwood, Linoleum
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

19d

Toronto (Islington-City Centre West) listings, avg age

56d

Price / ft²

$1,167

List price

$1.05M

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 (Islington-City Centre West) has been listed for 19 days, which is 37 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RE/MAX PROFESSIONALS INC. · FRANK LOMBARDI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Z)

This home lists at $1,050,000, about 9.5× the local median household income of $111,000.

Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.

Median household income: $111,000
Population: 19,312
Median age: 40.4
Owner / renter: 80% / 20%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M8Z)

$1,050,000· $1,167/ft²

For sale

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Full Cost Breakdown

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Down Payment7.62% · $80,000

Min 7.62%50%

Mortgage payment$5,378/mo

↳ CMHC premium ($38,800 capitalized)

Property tax (est.)$419/mo

Total monthly$5,797

Cash Needed to Close

Down payment (7.62%)$80,000

Land transfer tax$34,950

Est. closing costs$5,650

Total cash needed$120,600

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