$1,375,000

For sale

483 Roxton Road, Toronto (Palmerston-Little Italy) - Single Family for Sale

483 Roxton Road, Toronto (Palmerston-Little Italy), Ontario, M6G3R5

4 beds4 baths1 parking1,750 ft²12 × 121 ft (1,490 sq ft) lot sizeListed 27 days ago

Overview

This 4-bedroom, 4-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $1,375,000, it is attractively priced about 23% below the $1,788,000 median asking price in Toronto. It has been on the market 27 days, fresher than the Toronto average of 57 days.

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Description

Attention Builders, Investors and End Users! 483 Roxton Road offers a rare head start on your custom build. The property comes with Committee of Adjustment approval for an expanded footprint and a full set of architectural drawings for an approximately 2,300 sq ft home, with 4+1 bedrooms, 4 bathrooms, and a detached garage with a second-level suite above. It sits on a 12.3 x 121 ft lot with lane access on a quiet, tree-lined street in Palmerston-Little Italy, one of the city's most sought-after pockets. The existing semi-detached home includes a separate-entrance lower level, so you can plan the build on your own timeline. You're steps from Ossington Station, the restaurants and shops of Bloor, Ossington and Harbord, and the green space of Christie Pits. Sold as is, where is. (id:66096)

Property Details

MLS®: C13882638
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Parking: 1
Interior Size: 1,750 ft²
Lot Size: 12 × 121 ft (1,490 sq ft)
Frontage: 12 ft
Storeys: 2
Basement: Separate entrance, N/A
Heating: Forced air, Natural gas
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $6,297/yr
Listed: 27 days ago

Rooms

Main level

Living room
Dining room
Kitchen

Second level

Primary Bedroom
Bathroom
Bedroom 2

Basement

Living room
Bathroom

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

Features

Foundation: Unknown
Exterior: Brick
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Palmerston-Little Italy) listings, avg age

57d

Price / ft²

$786

List price

$1.38M

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 4-bed single family in Toronto (Palmerston-Little Italy) has been listed for 27 days, which is 30 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · ANDRES RIVADENEIRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6G)

This home lists at $1,375,000, about 15.1× the local median household income of $91,000.

Carrying it typically needs a household income of about $268,586 (20% down, 25-yr amortization, stress-tested) — roughly 195% above the area median.

Median household income: $91,000
Population: 30,600
Median age: 39.6
Owner / renter: 49% / 51%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6G)

$1,375,000· $786/ft²

For sale

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Full Cost Breakdown

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Down Payment8.18% · $112,500

Min 8.18%50%

Mortgage payment$7,000/mo

↳ CMHC premium ($50,500 capitalized)

Property tax (est.)$525/mo

Total monthly$7,524

Cash Needed to Close

Down payment (8.18%)$112,500

Land transfer tax$47,950

Est. closing costs$6,625

Total cash needed$167,075

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