$1,599,000

For sale

497 Sackville Street, Toronto (Cabbagetown-South St. James Town) - Single Family for Sale

497 Sackville Street, Toronto (Cabbagetown-South St. James Town), Ontario, M4X1T6

3 beds1 bath1 parking1,300 ft²14 × 116 ft (1,636 sq ft) lot sizeListed 38 days ago

Overview

This 3-bedroom, 1-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,599,000, it is attractively priced about 8% below the $1,735,000 median asking price in Toronto. It has been on the market 38 days, fresher than the Toronto average of 55 days.

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Description

Classic Cabbagetown character meets thoughtful modern design in this beautifully upgraded three-bedroom home. Wide-plank engineered white oak floors, custom millwork and upgraded lighting create a warm, refined feel throughout the main level. The renovated kitchen features Carrera marble countertops, backsplash, LG appliances, wine fridge, bar and mudroom area. Upstairs, enjoy wainscotting throughout, a rebuilt staircase with white oak treads, custom built-ins and a fully renovated bathroom with terrazzo tile, floating vanity, wall-hung toilet and glass enclosure. The lower level includes new laundry and a cedar dry sauna. Major upgrades include 200-amp electrical service, upgraded water line, furnace with humidifier, restored front brick, new eavestroughs and gutters, and fully rebuilt front and rear outdoor spaces with new decking, turf, fencing, concrete pathways and oversized one-car lane parking. Tucked away on a quiet dead-end street, just steps to Riverdale Farm, parks, shops, restaurants and TTC. Enjoy the charm of Cabbagetown, a close-knit neighbourhood known for its strong sense of community, beautiful streetscapes and exceptional city lifestyle. (id:66096)

Property Details

MLS®: C13838226
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 14 × 116 ft (1,636 sq ft)
Frontage: 14 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $6,840/yr
Listed: 38 days ago

Rooms

Ground level

Kitchen: 4.15 x 3.05 meters
Living room: 3.75 x 3.11 meters
Foyer: 2.1 x 2.3 meters
Dining room: 3.51 x 2.79 meters

Second level

Primary Bedroom: 3.35 x 4.06 meters
Bedroom 3: 2.27 x 3.12 meters

Basement

Other: 7.35 x 4.22 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Wine Fridge, Dryer
Foundation: Brick
Exterior: Brick Facing
Lot Features: Lane, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Toronto (Cabbagetown-South St. James Town) listings, avg age

55d

Price / ft²

$1,230

List price

$1.60M

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 3-bed single family in Toronto (Cabbagetown-South St. James Town) has been listed for 38 days, which is 17 days fresher than the city average of 55. Act while there is still low competition.

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · HENRY DINEEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4X)

This home lists at $1,599,000, about 27.2× the local median household income of $58,800.

Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 431% above the area median.

Median household income: $58,800
Population: 19,896
Median age: 39.2
Owner / renter: 15% / 85%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M4X)

$1,599,000· $1,230/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $319,800

Min 20%50%

Mortgage payment$6,819/mo

Property tax (est.)$570/mo

Total monthly$7,389

Cash Needed to Close

Down payment (20%)$319,800

Land transfer tax$56,910

Est. closing costs$7,297

Total cash needed$384,007

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