$929,000

For sale

467 Keele Street, Toronto (Junction Area) - Single Family for Sale

467 Keele Street, Toronto (Junction Area), Ontario, M6N3E1

5 beds3 baths2 parking1,300 ft²19 × 120 ft (2,280 sq ft) lot sizeListed 50 days ago

Overview

This 5-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $929,000, it is attractively priced about 23% below the $1,199,900 median asking price in Toronto. It has been on the market 50 days, fresher than the Toronto average of 63 days.

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Description

This is the recently renovated and converted multi-unit property you've been looking for. Greatfor investors and end users. Each self contained unit has been meticulously designed with agreat layout, allowing 3 functional and stylish units. Each unit is open concept and modern,attracting AAA tenants to achieve over 7% gross cap rate. Or live in one unit and rent out theothers.This property is turn key and well maintained, easy to manage with key pad entry and lockboxset up. The main floor is a 2 bedroom unit, the second floor also has 2 bedrooms where one roomwalks out to a balcony. The basement is a well designed 1 bedroom unit. Laundry is shared andlocated on the main floor. 2 parking spots, accessible by lane way. There is also a beautifulshared front yard set up with seating to relax.Location is unbeatable, in trendy Junction area. Big box stores and restaurants across thestreet and The Stockyards is close by for all your shopping needs. TTC is right at yourdoorstep. (id:66096)

Property Details

MLS®: W13790940
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 19 × 120 ft (2,280 sq ft)
Frontage: 19 ft
Storeys: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $5,806/yr
Listed: 50 days ago

Rooms

Second level

Living room: 5.62 x 3.66 meters
Kitchen: 5.62 x 3.66 meters
Primary Bedroom: 4.55 x 3.14 meters
Bedroom 2: 3.4 x 2.5 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: Laminate
Foundation: Unknown
Exterior: Brick, Stone
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

50d

Toronto (Junction Area) listings, avg age

63d

Price / ft²

$715

List price

$929K

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 5-bed single family in Toronto (Junction Area) has been listed for 50 days, which is 13 days fresher than the city average of 63. Act while there is still low competition.

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Listed by CITYSCAPE REAL ESTATE LTD. · IMRAN LATIF

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6N)

This home lists at $929,000, about 12.3× the local median household income of $75,500.

Carrying it typically needs a household income of about $181,466 (20% down, 25-yr amortization, stress-tested) — roughly 140% above the area median.

Median household income: $75,500
Population: 40,252
Median age: 40.8
Owner / renter: 58% / 42%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6N)

$929,000· $715/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.31% · $67,900

Min 7.31%50%

Mortgage payment$4,774/mo

↳ CMHC premium ($34,444 capitalized)

Property tax (est.)$484/mo

Total monthly$5,258

Cash Needed to Close

Down payment (7.31%)$67,900

Land transfer tax$30,110

Est. closing costs$5,287

Total cash needed$103,297

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