$1,888,000

For saleJust listed

47 Harlandale Avenue, Toronto (Lansing-Westgate) - Single Family for Sale

47 Harlandale Avenue, Toronto (Lansing-Westgate), Ontario, M2N1N9

8 beds4 baths7 parking1,300 ft²50 × 118 ft (5,885 sq ft) lot sizeListed 6 days ago

Overview

This 8-bedroom, 4-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,888,000, it is attractively priced about 12% below the $2,149,000 median asking price in Toronto. It has been on the market 6 days, fresher than the Toronto average of 86 days.

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Description

Strategic Location! Modern Renovated Bungalow Featuring 3 Separate Units! Endless Opportunities and Multiple Use Possibilities >> Live In, Rent Out, Professional Office, Or A Combination, Plus Outstanding Investment & Development Potential > Unit #1: Versatile Office Space with 3 Rooms, A 3-Pc Bath, A Beautiful Modern Kitchen and with A Separate Front Entrance, Easily Adaptable For Residential Use! Unit #2: 2-Bedroom Unit Includes One Bedroom and One Studio With A Wet Bar, A Modern 3-Pc Bath, Stacked In-Suite Washer & Dryer, and Separate Side Access. Unit #3: Spacious Basement Apartment with 3 Bedrooms, 2 Washrooms (3-Pc Bath and 2-Pc Ensuite), A Large Kitchen and Sitting Area, and A Huge Laundry Area. 6 Parking Space in Front and A Detached Garage with Two Doors in Front and Back Which Giving the Option to Use the Large Interlocked Patio in The Back for Another Two Parking Spaces. *** Outstanding Investment & Development Potential >> Strategically Positioned with Excellent Future High Rise Development Under the Sheppard Avenue West Secondary Plan, Buyer to Verify with City Planner. *** A Rare Opportunity That Offers Exceptional Versatility, Income Potential, and Long-Term Value in A Prime Location In the Heart of North York *** (id:66096)

Property Details

MLS®: C14129408
Property Type: Single Family
Bedrooms: 8
Beds (above / below): 5 above · 3 below
Bathrooms: 4
Half Baths: 1
Parking: 7
Interior Size: 1,300 ft²
Lot Size: 50 × 118 ft (5,885 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Baseboard heaters, Radiant heat, Electric, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold

Rooms

Main level

Office: 3.72 x 2.89 meters
Office: 4.27 x 2.4 meters
Kitchen: 3.63 x 3.2 meters
Bedroom: 3.06 x 2.89 meters
Bedroom: 3.83 x 3.41 meters

Basement

Bedroom: 3.9 x 3.8 meters
Bedroom: 4.68 x 2.75 meters
Bedroom: 3.56 x 3.55 meters
Kitchen: 3.2 x 2.72 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, Dishwasher, Stove, Dryer, Microwave, Cooktop, Freezer, Oven - Built-In, Hood Fan, Garage door opener remote(s), Water Heater
Flooring: Laminate, Ceramic
Foundation: Block
Exterior: Brick
Lot Features: Level lot

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

$1,452

List price

$1.89M

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 8-bed single family in Toronto (Lansing-Westgate) has been listed for 6 days, which is 80 days fresher than the city average of 86. Act while there is still low competition.

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Listed by RE/MAX REALTRON BIJAN BARATI REAL ESTATE · BIJAN BARATI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $1,888,000, about 23.0× the local median household income of $82,000.

Carrying it typically needs a household income of about $368,792 (20% down, 25-yr amortization, stress-tested) — roughly 350% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$1,888,000· $1,452/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $377,600

Min 20%50%

Mortgage payment$8,052/mo

Property tax (est.)$613/mo

Total monthly$8,665

Cash Needed to Close

Down payment (20%)$377,600

Land transfer tax$68,470

Est. closing costs$8,164

Total cash needed$454,234

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