$1,329,000

For sale

53 Wilmar Road, Toronto (Islington-City Centre West) - Single Family for Sale

53 Wilmar Road, Toronto (Islington-City Centre West), Ontario, M9B3R8

6 beds3 baths3 parking1,300 ft²50 × 120 ft (6,000 sq ft) lot sizeListed 61 days ago

Overview

This 6-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,329,000, it is attractively priced about 11% below the $1,499,900 median asking price in Toronto.

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Description

Fantastic opportunity for homeowners, multi-generational families or investors! Detached 4+2 bedroom home on an impressive 50 x 120 ft. lot offering 3 separate living areas and excellent income potential. The main residence features hardwood floors, thermal windows and an open-concept living, dining and kitchen area. Separate Nanny Suite with kitchen and bathroom, plus a spacious 2-bedroom In-Law suite in lower-level suite. Detached 1 1/2 car garage and parking for five cars. Live on the main Floor and have income with Great Tenants . Freshly Painted Idea investment. Surrounded by multimillion dollar homes. Steps to Kipling Subway and GO Transit-a versatile property offering space, flexibility and income potential in a convenient central location Etobicoke location. (id:66096)

Property Details

MLS®: W13749136
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 3
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 50 × 120 ft (6,000 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $5,829/yr

Rooms

Ground level

Living room: 5.38 x 4.17 meters
Kitchen: 5.38 x 4.17 meters
Primary Bedroom: 5.44 x 3.35 meters
Bedroom 2: 3.35 x 3.35 meters
Bedroom 3: 3.58 x 2.79 meters
Bedroom 4: 4.27 x 3.38 meters

Basement

Cold room: 1.68 x 1.14 meters
Laundry room: 3.15 x 1.32 meters
Furnace: 3.96 x 1.65 meters
Living room: 3.51 x 2.84 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Blinds, Garage door opener
Flooring: Concrete, Hardwood, Laminate, Ceramic
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

61d

Toronto (Islington-City Centre West) listings, avg age

56d

Price / ft²

$1,022

List price

$1.33M

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 (Islington-City Centre West) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX PROFESSIONALS INC. · JEFF MACKO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9B)

This home lists at $1,329,000, about 12.3× the local median household income of $108,000.

Carrying it typically needs a household income of about $259,600 (20% down, 25-yr amortization, stress-tested) — roughly 140% above the area median.

Median household income: $108,000
Population: 33,236
Median age: 42
Owner / renter: 74% / 26%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M9B)

$1,329,000· $1,022/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment8.12% · $107,900.00

Min 8.12%50%

Mortgage payment$6,770/mo

↳ CMHC premium ($48,844 capitalized)

Property tax (est.)$486/mo

Total monthly$7,256

Cash Needed to Close

Down payment (8.12%)$107,900

Land transfer tax$46,110

Est. closing costs$6,487

Total cash needed$160,497

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