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$1,675,000

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48 Glen Manor Drive, Toronto (The Beaches) - Single Family for Sale

48 Glen Manor Drive, Toronto (The Beaches), Ontario, M4E2X2

5 beds3 baths3 parking2,250 ft²22 × 90 ft (2,016 sq ft) lot sizeListed 5 days ago

Overview

This 5-bedroom, 3-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Its $1,675,000 asking price sits right in line with the $1,739,000 median in Toronto. It has been on the market 5 days, fresher than the Toronto average of 48 days.

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Description

**MUST SEE! EXCEPTIONAL INVESTMENT OPPORTUNITY IN TORONTO'S DESIRABLE BEACHES NEIGHBOURHOOD!**An outstanding opportunity to own an immaculately maintained, solid-brick, semi-detached multiplex featuring **3 separate residential units**, situated in a fantastic location just one block from Lake Ontario!Perfect for owner-occupancy with two additional rental income units, multigenerational family living, or a long-term investment. This unique property offers a flexible floor plan with a spacious **1+1 bedroom second floor unit featuring an open deck terrace**, a **2 bedroom main floor**, and a **large basement unit**.Additional highlights include **1 garage and parking for 2 cars at the rear**, accessible via a shared laneway, beautifully landscaped, low-maintenance grounds, and wonderful original oak hardwood floors that preserve the property's timeless character and charm.Meticulously maintained and managed by long-time owners, this remarkable property boasts numerous thoughtful upgrades and improvements while retaining its original character.Ideally suited for extended families seeking comfortable living arrangements with privacy and independence, or investors looking for a well-maintained income-generating property. The property has a history of attracting quality tenants and generating consistent rental income.Whether you're seeking a prime investment opportunity, a family home with supplemental rental income, or a flexible property that can accommodate your children or extended family now or in the future, **this exceptional property offers tremendous versatility, character, and location!**Enjoy the unbeatable Beaches lifestyle, with Lake Ontario, waterfront parks, beaches, shopping, restaurants, and neighbourhood amenities nearby. **A RARE OPPORTUNITY TO OWN A WELL-MAINTAINED, INCOME-GENERATING PROPERTY IN ONE OF TORONTO'S MOST SOUGHT-AFTER NEIGHBOURHOODS!**Thank you for taking the time to review the property information and photographs. (id:66096)

Property Details

MLS®: E14135862
Property Type: Single Family
Zoning: R(d0.6*356)
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Parking: 3
Interior Size: 2,250 ft²
Lot Size: 22 × 90 ft (2,016 sq ft)
Frontage: 22 ft
Storeys: 2
Basement: Finished, N/A
Heating: Natural gas
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $8,478.79/yr
Listed

Rooms

Main level

Living room: 5.03 x 4.21 meters
Dining room: 4.21 x 2.87 meters
Kitchen: 4.21 x 2.04 meters
Bedroom: 3.54 x 2.8 meters
Bedroom 2: 3.63 x 2.74 meters

Upper Level

Kitchen: 3.66 x 3.05 meters
Living room: 0.31 x 3.05 meters
Bedroom

Basement

Bedroom: 3.93 x 2.74 meters
Kitchen: 3.66 x 2.74 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Tile, Ceramic, Vinyl
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (The Beaches) listings, avg age

48d

Price / ft²

$744

List price

$1.68M

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 (The Beaches) has been listed for 5 days, which is 43 days fresher than the city average of 48. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · MARIO COLANGELO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4E)

This home lists at $1,675,000, about 15.0× the local median household income of $112,000.

Carrying it typically needs a household income of about $327,186 (20% down, 25-yr amortization, stress-tested) — roughly 192% above the area median.

Median household income: $112,000
Population: 25,473
Median age: 42.8
Owner / renter: 64% / 36%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4E)

$1,675,000· $744/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $335,000

Min 20%50%

Mortgage payment$7,143/mo

Property tax (est.)$707/mo

Total monthly$7,850

Cash Needed to Close

Down payment (20%)$335,000

Land transfer tax$59,950

Est. closing costs$7,525

Total cash needed$402,475

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Open house

48 Glen Manor Drive, Toronto (The Beaches) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M4E)

Book a showing

Full Cost Breakdown

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