$898,000

$998,800For salePrice drop↓ $100,800 (10%)

50 Killamarsh Drive, Toronto (York University Heights) - Single Family for Sale

50 Killamarsh Drive, Toronto (York University Heights), Ontario, M3J1J3

4 beds2 baths4 parking1,300 ft²41 × 116 ft (4,752 sq ft) lot sizeListed 20 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $898,000, it is attractively priced about 24% below the $1,189,000 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 66 days.

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Description

Space, Location & Opportunity in Downsview! Discover this well-maintained, unique back-split nestled in the heart of Downsview's established residential community! Featuring 4 bedrooms, spacious principal rooms, an updated kitchen and a 4-piece bathroom, this home offers plenty of room for comfortable family living. Gardeners, take note! Enjoy an impressive 76-foot-wide rear garden, perfect for green thumbs, outdoor entertaining and creating your own backyard oasis. A large patio adds even more space to relax and enjoy the outdoors. Location is a 10! With Finch West Subway Station and the Finch West LRT nearby, enjoy convenient access to downtown Toronto, York University and Vaughan Metropolitan Centre. Highways 400 and 407 are also just minutes away. Whether you're a first-time buyer looking for space to grow, a family searching for a place to call home, or an investor seeking a rental opportunity near York University, this is an opportunity you won't want to miss! Ready to explore the possibilities? (id:66096)

Property Details

MLS®: W14085112
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 41 × 116 ft (4,752 sq ft)
Frontage: 41 ft
Basement: Finished, Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport, No Garage
Ownership: Freehold
Property Tax: $4,304.61/yr
Listed: 20 days ago

Rooms

Ground level

Living room: 5.51 x 3.29 meters
Dining room: 2.84 x 3.01 meters
Kitchen: 4.85 x 2.91 meters
Bedroom 4: 2.87 x 3.03 meters

Upper Level

Primary Bedroom: 2.93 x 4.04 meters
Bedroom 2: 3.84 x 2.81 meters
Bedroom 3: 2.8 x 2.72 meters

Basement

Recreational, Games room: 6.87 x 3.15 meters
Laundry room: 1.89 x 3.15 meters

Features

Appliances: Washer, Refrigerator, Central Vacuum, Gas stove(s), Dishwasher, Dryer, Microwave, Window Coverings
Flooring: Laminate, Ceramic
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (York University Heights) listings, avg age

66d

Price / ft²

$691

List price

$898K

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 (York University Heights) has been listed for 20 days, which is 46 days fresher than the city average of 66. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · KAREN MILLAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3J)

This home lists at $898,000, about 11.9× the local median household income of $75,500.

Carrying it typically needs a household income of about $175,411 (20% down, 25-yr amortization, stress-tested) — roughly 132% above the area median.

Median household income: $75,500
Population: 26,600
Median age: 36
Owner / renter: 48% / 52%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3J)

$898,000· $691/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.22% · $64,800

Min 7.22%50%

Mortgage payment$4,619/mo

↳ CMHC premium ($33,328 capitalized)

Property tax (est.)$359/mo

Total monthly$4,978

Cash Needed to Close

Down payment (7.22%)$64,800

Land transfer tax$28,870

Est. closing costs$5,194

Total cash needed$98,864

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