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$1,398,000

For saleJust listed

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50 Silverview Drive, Toronto (Newtonbrook East) - Single Family for Sale

50 Silverview Drive, Toronto (Newtonbrook East), Ontario, M2M2B3

4 Michigan Drive, Toronto (Newtonbrook East), Ontario, M2M3J1

3 bd2 ba6 pk350 ft²Lot size 65 × 129 ft (8,353 sq ft)

Listed by REAL BROKER ONTARIO LTD.

65 Northwood Drive, Toronto (Newtonbrook East), Ontario, M2M2J9

For saleJust listed

Yesterday

$2.29M

65 Northwood Drive, Toronto (Newtonbrook East), Ontario, M2M2J9

4 bd5 ba7 pk5,000 ft²Lot size 54 × 217 ft (11,718 sq ft)

Listed by FOREST HILL REAL ESTATE INC.

212 Cummer Avenue, Toronto (Newtonbrook East), Ontario, M2M2E7

For saleJust listed

2 days ago

$2.00M

212 Cummer Avenue, Toronto (Newtonbrook East), Ontario, M2M2E7

6 bd3 ba8 pk2,250 ft²Lot size 68 × 325 ft (21,938 sq ft)

Listed by REAL ONE REALTY INC.

64 Risebrough Avenue, Toronto (Newtonbrook East), Ontario, M2M2E3

For saleJust listed

6 days ago

$3.80M

64 Risebrough Avenue, Toronto (Newtonbrook East), Ontario, M2M2E3

5 bd7 ba4 pk4,250 ft²Lot size 52 × 137 ft (7,148 sq ft)

Listed by iCloud Realty Ltd.

Investment analysis

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$1,398,000

Toronto

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Description

Fully Renovated 3 Bed 4 bathrooms Bungalow In Prime Location Within Walking Distance To The Subway! Beautiful Mature 50 X 120 Ft Lot With A Clear Park View. Reno'd Kitchen W/ Quartz Counters & Backsplash & Island. Reno'd Bathroom With New Tiles, Vanity, Toilet, Faucets. Spacious Living & Dining Room W/ Gas Fireplace. New Entrance Door & Doors & Handels. Smooth Ceiling With Fresh Painting, New Floor. Good Potential Income ( 2 Bedroom Basement Unit). Separate Entrance Door (id:66096)

Property Details

MLS®: C14134112
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 4
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 50 × 120 ft (6,000 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $7,677/yr
Listed: 5 days ago

Rooms

Basement

Bedroom: 3.95 x 3.59 meters
Bathroom: 1.95 x 1.1 meters
Utility room: 4.65 x 3.3 meters
Living room: 5.27 x 4.72 meters
Bedroom 4: 3.95 x 3.59 meters
Kitchen: 4.51 x 3.78 meters

Main level

Living room: 5.69 x 3.82 meters
Dining room: 3.19 x 3.06 meters
Kitchen: 3.92 x 2.95 meters
Primary Bedroom: 4.18 x 3.6 meters
Bedroom 2: 4.07 x 2.88 meters
Bedroom 3: 3.83 x 3.26 meters

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

Market Timing

Days on market

Toronto (Newtonbrook East) listings, avg age

67d

Price / ft²

$1,075

List price

$1.40M

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.

Area context

Neighbourhood profile (M2M)

This home lists at $1,398,000, about 17.3× the local median household income of $81,000.

Carrying it typically needs a household income of about $273,078 (20% down, 25-yr amortization, stress-tested) — roughly 237% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$1,398,000· $1,075/ft²

For sale

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Full Cost Breakdown

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Down Payment8.21% · $114,800

Min 8.21%50%

Mortgage payment$7,114/mo

↳ CMHC premium ($51,328 capitalized)

Property tax (est.)$640/mo

Total monthly$7,754

Cash Needed to Close

Down payment (8.21%)$114,800

Land transfer tax$48,870

Est. closing costs$6,694

Total cash needed$170,364

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Open houses

50 Silverview Drive, Toronto (Newtonbrook East) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

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Neighbourhood profile (M2M)

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