$968,000

For sale

47 Roywood Drive, Toronto (Parkwoods-Donalda) - Single Family for Sale

47 Roywood Drive, Toronto (Parkwoods-Donalda), Ontario, M3A2C8

5 beds4 baths2 parking1,300 ft²30 × 113 ft (3,425 sq ft) lot sizeListed 56 days ago

Overview

This 5-bedroom, 4-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $968,000, it is attractively priced about 25% below the $1,299,000 median asking price in Toronto.

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Description

Welcome to 47 Roywood Drive - A Rare Semi-Detached Opportunity in Prime Parkwoods! This well-maintained 3-bedroom semi-detached home offers exceptional flexibility, privacy, and income potential in one of North York's most desirable family neighborhoods. Main & Upper Levels: Bright and spacious living room. Functional kitchen. Convenient 2-piece powder room on the main floor. Three comfortable bedrooms upstairs with a full bathroom. The Showstopper - Fully Renovated Basement (Completed November 2022 - $80,000 invested):Two private bedrooms, each with its own full ensuite bathroom.Shared secondary kitchen with washer & drier. Separate laundry/furnace room with two machines Ideal for extended family, multi-generational living, or generating strong rental income. This thoughtfully designed lower level is a true game-changer in today's market. Surprisingly large, quiet and private backyard - rare for a semi-detached home. Two convenient parking spaces. Located in the heart of Parkwoods with easy access to highways, TTC, top-rated schools, parks, shopping, and all amenities. A versatile home that perfectly combines comfortable family living, outdoor privacy, and outstanding income potential. (id:66096)

Property Details

MLS®: C13765310
Property Type: Single Family
Zoning: Residental
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 30 × 113 ft (3,425 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Finished, Full, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold

Rooms

Main level

Living room: 7.62 x 3.2 meters
Dining room: 7.62 x 3.2 meters
Kitchen: 3.1 x 2.8 meters

Second level

Primary Bedroom: 3.75 x 3 meters
Bedroom 2: 3.75 x 3.1 meters
Bedroom 3: 3.7 x 3 meters

Basement

Bedroom 4: 4.12 x 3.2 meters
Bedroom 5: 4.27 x 2.74 meters
Kitchen: 3.96 x 1.83 meters

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

Features

Appliances: Dryer, Microwave, Two stoves, Window Coverings, Two Washers, Two Refrigerators
Flooring: Hardwood, Laminate
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

56d

Toronto (Parkwoods-Donalda) listings, avg age

51d

Price / ft²

$745

List price

$968K

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 (Parkwoods-Donalda) 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 RIGHT AT HOME REALTY · NED MIHAJLOVIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3A)

This home lists at $968,000, about 11.4× the local median household income of $85,000.

Carrying it typically needs a household income of about $189,084 (20% down, 25-yr amortization, stress-tested) — roughly 122% above the area median.

Median household income: $85,000
Population: 34,361
Median age: 40.8
Owner / renter: 39% / 61%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M3A)

$968,000· $745/ft²

For sale

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Full Cost Breakdown

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Down Payment7.42% · $71,800

Min 7.42%50%

Mortgage payment$4,969/mo

↳ CMHC premium ($35,848 capitalized)

Property tax (est.)$351/mo

Total monthly$5,320

Cash Needed to Close

Down payment (7.42%)$71,800

Land transfer tax$31,670

Est. closing costs$5,404

Total cash needed$108,874

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