$699,000

For sale

48 Corby Avenue, Toronto (Caledonia-Fairbank) - Single Family for Sale

48 Corby Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E1V3

2 beds1 bath2 parking900 ft²18 × 108 ft (1,944 sq ft) lot sizeListed 46 days ago

Overview

This 2-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $699,000, it is attractively priced about 19% below the $859,900 median asking price in Toronto. It has been on the market 46 days, fresher than the Toronto average of 51 days.

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Description

Welcome to 48 Corby Ave! Nestled in Toronto's rapidly growing Caledonia-Fairbank neighbourhood, this 2-storey detached home is the perfect blank-canvas opportunity. Situated on a deep lot, the property boasts a private backyard that offers exceptional outdoor space to expand, garden, or entertain. Fantastic location in an up and coming neighbourhood with exceptional value. Steps away from Earlscourt Park, the J.J. Piccininni Community Centre, the vibrance and dining of St. Clair West, and efficient access to transit links including the Eglinton Crosstown LRT and St Clair Streetcar line. Whether you are aiming to flip, create a personalized dream home, or add a high-upside project to your investment portfolio, this property offers incredible long-term value. Property is being sold in as-is condition-bring your contractor and your vision! (id:66096)

Property Details

MLS®: W13808344
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 18 × 108 ft (1,944 sq ft)
Frontage: 18 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Carport, No Garage
Ownership: Freehold
Property Tax: $3,461.26/yr
Listed: 46 days ago

Rooms

Other

Living room: 3.25 x 4.08 meters
Dining room: 3.4 x 4.08 meters
Kitchen: 2.76 x 4.08 meters
Mud room: 2.08 x 1.6 meters

Second level

Primary Bedroom: 3.35 x 4.08 meters
Bedroom 2: 4.14 x 2.26 meters

Basement

Other: 7.64 x 3.86 meters
Bedroom: 2.71 x 3.86 meters

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

Features

Foundation: Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Toronto (Caledonia-Fairbank) listings, avg age

51d

Price / ft²

$777

List price

$699K

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 2-bed single family in Toronto (Caledonia-Fairbank) has been listed for 46 days, which is 5 days fresher than the city average of 51. Act while there is still low competition.

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Listed by AREA REALTY INC. · OWEN FAWCETT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $699,000, about 8.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$699,000· $777/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$288/mo

Total monthly$3,915

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$20,910

Est. closing costs$4,597

Total cash needed$70,407

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