$950,000

For sale

41 Wishing Well Drive, Toronto (Tam O'Shanter-Sullivan) - Single Family for Sale

41 Wishing Well Drive, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T1H9

6 beds2 baths4 parking900 ft²45 × 125 ft (5,625 sq ft) lot sizeListed 225 days ago

Overview

This 6-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $950,000, it is attractively priced about 11% below the $1,069,000 median asking price in Toronto.

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Description

Detached bungalow in a quiet, family-friendly neighbourhood with strong rental potential ($2600+/month). Major updates include windows (2022), roof, furnace, plumbing & electrical (2021), gutters (2023), and new flooring/baseboards (2026).Main floor features 3 bedrooms, a full bathroom with walk-in shower, and a bright open-concept layout with south-facing living room. Modern kitchen with stone countertops, stainless steel appliances (fridge, stove, dishwasher), ample storage, and existing plumbing/electrical for potential main-floor laundry. Finished basement with separate entrance offers 3 bedrooms with large windows, full bathroom with walk-in shower, living area, full kitchen, washer/dryer, and waterproofing-ideal for in-law suite or income potential. Private driveway parking for 4 vehicles. Owned hot water tank and A/C (2021). Spacious backyard with two storage sheds (10x16 ft) on a premium 45 x 125 ft lot, offering potential for expansion, pool, or deck. Convenient location within walking distance to TTC, parks, schools, places of worship, grocery stores, and restaurants, with quick access to Hwy 401. Vacant and move-in ready with flexible closing. Easy to show with lockbox. Offers anytime with 24-hour irrevocable. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: E12918366
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 45 × 125 ft (5,625 sq ft)
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $4,569.77/yr
Listed

Rooms

Main level

Living room: 6.3 x 6.4 meters
Dining room: 6.3 x 3.4 meters
Kitchen: 4 x 3.3 meters
Primary Bedroom: 4 x 3.3 meters
Bedroom 2: 3.3 x 3 meters
Bedroom 3: 3.1 x 3 meters

Basement

Bedroom: 6.2 x 3.8 meters
Bedroom 2: 2.9 x 2.9 meters
Bedroom 3: 3 x 2.9 meters
Kitchen: 3 x 3.1 meters

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

Features

Appliances: Washer, Dishwasher, Dryer, Two stoves, Water Heater, Two Refrigerators
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

225d

Toronto (Tam O'Shanter-Sullivan) listings, avg age

64d

Price / ft²

$1,056

List price

$950K

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 6-bed single family in Toronto (Tam O'Shanter-Sullivan) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1T)

This home lists at $950,000, about 13.3× the local median household income of $71,500.

Carrying it typically needs a household income of about $185,568 (20% down, 25-yr amortization, stress-tested) — roughly 160% above the area median.

Median household income: $71,500
Population: 34,607
Median age: 44.8
Owner / renter: 52% / 48%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M1T)

$950,000· $1,056/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.37% · $70,000

Min 7.37%50%

Mortgage payment$4,879/mo

↳ CMHC premium ($35,200 capitalized)

Property tax (est.)$381/mo

Total monthly$5,260

Cash Needed to Close

Down payment (7.37%)$70,000

Land transfer tax$30,950

Est. closing costs$5,350

Total cash needed$106,300

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