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$1,299,000

$1,378,000For salePrice drop↓ $79,000 (6%)

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507 Rushton Road, Toronto (Humewood-Cedarvale) - Single Family for Sale

507 Rushton Road, Toronto (Humewood-Cedarvale), Ontario, M6C2Y4

3 beds2 baths2 parking900 ft²20 × 120 ft (2,400 sq ft) lot sizeListed 22 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $1,299,000, it is attractively priced about 35% below the $1,999,999 median asking price in Toronto. It has been on the market 22 days, fresher than the Toronto average of 39 days.

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Description

A Rushton Road Gem - Beautifully Renovated, Exceptional Parking & Endless Possibilities! Fall in love with this beautifully renovated home on Rushton Road, one of Toronto's most charming and sought-after residential streets! Thoughtfully updated with style and comfort in mind, this inviting home features high-efficiency brand-new windows, a brand-new entrance door, elegant wide-plank flooring, fresh paint throughout, and brand-new Kitchen Appliances. Significant investment in landscaping enhances the home's curb appeal, creating a welcoming first impression inside and out. ABOVE AVERAGE HOME INSPECTION AVAILABLE. A truly rare find, the property offers coveted two-car parking-an exceptional advantage in this sought-after neighborhood along with exciting potential to explore the addition of a laneway suite, subject to applicable approvals and zoning requirements. But what truly sets this home apart is its incredible Rushton Road lifestyle. Enjoy a wonderful, established neighborhood atmosphere where tree-lined streets, community charm, and everyday conveniences come together. Families will appreciate the walkable access to highly regarded Leo Baeck Day School and Humewood Community School, while food lovers can explore the area's fantastic local restaurants, cozy cafés, and irresistible ice cream spots. From casual neighborhood outings to weekend strolls and family adventures, this location offers the best of Toronto living right at your doorstep. Stylish updates, rare parking, future potential, and an exceptional neighbourhood-all on Rushton Road. A wonderful opportunity to own a move-in-ready home in a location you'll love! (id:66096)

Property Details

MLS®: C14082806
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 900 ft²
Lot Size: 20 × 120 ft (2,400 sq ft)
Frontage: 20 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $6,760.01/yr
Listed: 22 days ago

Rooms

Main level

Foyer: 3.97 x 1.7 meters
Living room: 4.42 x 3.05 meters
Dining room: 4.42 x 2.54 meters
Kitchen: 4.42 x 2.38 meters

Second level

Primary Bedroom: 4.19 x 3.97 meters
Bedroom 2: 2.85 x 2.75 meters
Bedroom 3: 3.66 x 2.26 meters

Basement

Recreational, Games room: 4.62 x 4.01 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, Stove, Oven, Dryer
Flooring: Hardwood, Laminate
Foundation: Concrete
Exterior: Brick, Aluminum siding
Lot Features: Ravine, Lane, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Toronto (Humewood-Cedarvale) listings, avg age

39d

Price / ft²

$1,443

List price

$1.30M

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 (Humewood-Cedarvale) has been listed for 22 days, which is 17 days fresher than the city average of 39. Act while there is still low competition.

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Listed by MCCANN REALTY GROUP LTD. · RASHI NARULA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6C)

This home lists at $1,299,000, about 14.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 179% above the area median.

Median household income: $91,000
Population: 23,997
Median age: 40.4
Owner / renter: 50% / 50%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6C)

$1,299,000· $1,443/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$563/mo

Total monthly$7,184

Cash Needed to Close

Down payment (8.08%)$104,900

Land transfer tax$44,910

Est. closing costs$6,397

Total cash needed$156,207

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Open house

507 Rushton Road, Toronto (Humewood-Cedarvale) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6C)

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Full Cost Breakdown

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