$799,000

For sale

50 Rushley Drive, Toronto (Bendale) - Single Family for Sale

50 Rushley Drive, Toronto (Bendale), Ontario, M1P3S5

6 beds3 baths3 parking900 ft²30 × 105 ft (3,150 sq ft) lot sizeListed 20 days ago

Overview

This 6-bedroom, 3-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $799,000, it is attractively priced about 19% below the $988,000 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 69 days.

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Description

With a great location in the high demand Bendale neighborhood this 3-bedroom premium semi-detached bungalow has a lot to offer. Excellent traditional floor plan, modern renovated kitchen and 4pc bath, finished bsmt with loads of potential, steps to transit and massive Thompson park right across the street. Around the corner on Lawrence there's Scarborough General hospital and the future McCowan subway to downtown. Absolutely move in condition. Spacious bedrooms, exceptional basement layout, separate entrance and a family-friendly neighbourhood. It is the only semi in the hood that has two separate basement units, which provide you with an opportunity for more income. Note: Main Floor is currently vacant. All Major upgrades are done such as windows replaced, A/C, Furnace, Washer, Dryer, and Attic Insulation. Tenanted Basement. Rental from Bsmnt ($1300+ Revenue From Extra Bsmnt Br = $600). Stainless Steel Appliances - Refrigerator, Gas range, Microwave, Bosch Dishwasher. Washer, Dryer, and Electric Light Fixtures. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: E14090472
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 30 × 105 ft (3,150 sq ft)
Frontage: 30 ft
Storeys: 1
Style: Bungalow
Basement: Separate entrance, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Ground level

Living room: 6.75 x 3.35 meters
Dining room: 6.75 x 3.35 meters
Kitchen: 4.32 x 2.49 meters
Primary Bedroom: 4.3 x 3.05 meters
Bedroom 2: 4.3 x 2.62 meters
Bedroom 3: 3.12 x 4 meters

Basement

Kitchen: 1.25 x 1.76 meters
Living room: 4.11 x 4 meters
Bedroom 4: 3.5 x 3 meters
Bedroom 5: 3.5 x 2.89 meters

Features

Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Bendale) listings, avg age

69d

Price / ft²

$888

List price

$799K

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 6-bed single family in Toronto (Bendale) has been listed for 20 days, which is 49 days fresher than the city average of 69. Act while there is still low competition.

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Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $799,000, about 10.5× the local median household income of $76,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 105% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$799,000· $888/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$301/mo

Total monthly$4,426

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$24,910

Est. closing costs$4,897

Total cash needed$84,707

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