$5,950,000

For sale

48 Lowther Avenue, Toronto (Annex) - Single Family for Sale

48 Lowther Avenue, Toronto (Annex), Ontario, M5R1C6

5 beds4 baths4 parking4,250 ft²33 × 109 ft (3,597 sq ft) lot sizeListed 12 days ago

Overview

This 5-bedroom, 4-bathroom home in Toronto is for sale offering roughly 4,250 sq ft of space. It has been on the market 12 days, fresher than the Toronto average of 58 days.

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Description

A sophisticated urban lifestyle on one of Yorkville's most desirable streets (between Avenue & Bedford Road), steps to shopping, restaurants, galleries & schools. With its impressive proportions and abundant natural light, this detached 3-storey home presents an opportunity to create a state-of-the-art residence in the heart of the city. Floor-to-ceiling windows, a beautiful staircase and a large third-floor skylight are among the home's distinctive features. The kitchen and breakfast area also enjoy natural light from above, while the adjoining den walks out to a beautiful two-level city garden, creating a private outdoor retreat. The second floor could be transformed into an exceptional primary suite. The lower level features above-grade windows and walk-outs to both the front of the home and the garden. A double built-in garage with direct access to the home completes the offering. A distinctive Yorkville address, ready for its next chapter. (id:66096)

Property Details

MLS®: C14109720
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 4,250 ft²
Lot Size: 33 × 109 ft (3,597 sq ft)
Frontage: 33 ft
Storeys: 3
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $31,551.83/yr
Listed

Rooms

Main level

Foyer: 4.65 x 2.03 meters
Living room: 8.31 x 5.74 meters
Dining room: 8.31 x 5.74 meters
Kitchen: 4.29 x 3.53 meters
Eating area: 2.87 x 2.79 meters
Family room: 4.67 x 3.61 meters

Lower level

Recreational, Games room: 4.57 x 4.32 meters
Bedroom 5: 4.04 x 3.84 meters

Second level

Primary Bedroom: 6.1 x 4.7 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Oven, Dryer
Flooring: Hardwood, Marble, Carpeted
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,400

List price

$5.95M

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 (Annex) has been listed for 12 days, which is 46 days fresher than the city average of 58. Act while there is still low competition.

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Listed by SUTTON GROUP-ASSOCIATES REALTY INC. · EVA SCHILLING

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $5,950,000, about 69.2× the local median household income of $86,000.

Carrying it typically needs a household income of about $1,162,243 (20% down, 25-yr amortization, stress-tested) — roughly 1251% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$5,950,000· $1,400/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $1,190,000

Min 20%50%

Mortgage payment$25,375/mo

Property tax (est.)$2,629/mo

Total monthly$28,005

Cash Needed to Close

Down payment (20%)$1,190,000

Land transfer tax$270,450

Est. closing costs$20,350

Total cash needed$1,480,800

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