$1,750,000

For sale

42 Raeburn Avenue, Toronto (Lansing-Westgate) - Single Family for Sale

42 Raeburn Avenue, Toronto (Lansing-Westgate), Ontario, M3H1G8

3 beds3 baths3 parking1,300 ft²41 × 125 ft (5,125 sq ft) lot sizeListed 9 days ago

Overview

This 3-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,750,000, it is attractively priced about 19% below the $2,149,000 median asking price in Toronto. It has been on the market 9 days, fresher than the Toronto average of 86 days.

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Description

Welcome to 42 Raeburn Avenue, an exceptional home nestled on a pretty tree lined street in prestigious Armour Heights. Beautifully appointed and thoughtfully maintained, this 3 bedroom, 3 bath residence offers an inviting blend of timeless elegance, modern comfort and exceptional family living. The sun-filled, open concept main floor is enhanced by a large living room front window and double French glass doors in the dining area. The generous living room opens to a spacious dining area and modern kitchen, while the dining room overlooks the expansive deck and private garden beyond. A rare and highly desirable main floor powder room adds both convenience and sophistication. On the second level, three bedrooms provide comfort and tranquility, complemented by a beautifully renovated 4-piece bathroom. The finished lower level offers an inviting recreation room, 3 piece bathroom, laundry area and ample storage. This home is ideal for family living, entertaining and relaxed outdoor living. An attached garage and private driveway add further convenience. Ideally situated in one of Toronto's most sought after neighbourhoods and school districts, this home is steps away from transit, schools, parks, Avenue Road Shops and Restaurants. An exceptional home in an outstanding family setting. (id:66096)

Property Details

MLS®: C14119818
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 41 × 125 ft (5,125 sq ft)
Frontage: 41 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $8,916.16/yr
Listed

Rooms

Main level

Living room: 3.81 x 4.8 meters
Dining room: 3.26 x 3.65 meters
Kitchen: 2.66 x 4.22 meters

Second level

Primary Bedroom: 3.72 x 4.27 meters
Bedroom 2: 3.13 x 3.39 meters
Bedroom 3: 2.65 x 3.46 meters

Lower level

Recreational, Games room: 3.26 x 4.82 meters
Utility room: 3.26 x 2.65 meters
Cold room: 1.45 x 1.12 meters

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

Features

Appliances: Washer, Refrigerator, Whirlpool, Gas stove(s), Dishwasher, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Hardwood, Laminate, Porcelain Tile
Foundation: Concrete
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

Toronto (Lansing-Westgate) listings, avg age

86d

Price / ft²

$1,346

List price

$1.75M

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 (Lansing-Westgate) has been listed for 9 days, which is 77 days fresher than the city average of 86. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · MIRELLA CESARIO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3H)

This home lists at $1,750,000, about 19.0× the local median household income of $92,000.

Carrying it typically needs a household income of about $341,836 (20% down, 25-yr amortization, stress-tested) — roughly 272% above the area median.

Median household income: $92,000
Population: 38,416
Median age: 40.8
Owner / renter: 54% / 46%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M3H)

$1,750,000· $1,346/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $350,000

Min 20%50%

Mortgage payment$7,463/mo

Property tax (est.)$743/mo

Total monthly$8,206

Cash Needed to Close

Down payment (20%)$350,000

Land transfer tax$62,950

Est. closing costs$7,750

Total cash needed$420,700

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