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$885,000
Toronto
5 1/2 Luttrell Avenue, Toronto (East End-Danforth), Ontario, M4C5E2
This 3-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $885,000, it is attractively priced about 26% below the $1,199,000 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 55 days.
Your first place - and it actually feels like yours. A freehold 2-storey semi in the east end, renovated top to bottom, with private parking and potential to build a laneway house down the road.The enclosed front porch with its exposed brick wall is the reading nook/study den/drop zone or the "let the groceries sit for a sec" extra room many semi's this size don't have. Open living and dining, pot lights throughout, gleaming floors and an open staircase. The kitchen was built for someone who actually cooks, or wants to learn how: quartz counters, an island with a breakfast bar and feature hood range, stainless appliances, and two skylights that keep the whole space sunlit. Sliding glass doors open to a private backyard. Upstairs, two bedrooms with closets (primary bedroom storage unit will stay) and a fully renovated 3-piece bath. The finished basement flexes as a home office, playroom, guest room or movie den, with laundry tucked in.The expensive things are already handled - heat pump with A/C, roof, skylights and main sewer line all recently done. The heat pump means no large gas bill, which matters more than it sounds when you're buying your first house. Steps to the Danforth's coffee, shops and restaurants, and a short walk to the Bloor-Danforth line. Flexible closing. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 16 days on market, against an average age of 55 days across the listings currently for sale in this city
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.
This 3-bed single family in Toronto (East End-Danforth) has been listed for 16 days, which is 39 days fresher than the city average of 55. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $885,000, about 10.7× the local median household income of $83,000.
Carrying it typically needs a household income of about $172,871 (20% down, 25-yr amortization, stress-tested) — roughly 108% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4C)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice