$1,248,000

For sale

54 Albani Street, Toronto (Mimico) - Single Family for Sale

54 Albani Street, Toronto (Mimico), Ontario, M8V1X2

3 beds2 baths1 parking1,300 ft²25 × 125 ft (3,125 sq ft) lot sizeListed 9 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Its $1,248,000 asking price sits right in line with the $1,229,000 median in Toronto. It has been on the market 9 days, fresher than the Toronto average of 57 days.

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Description

This Modern Farmhouse Stunner By The Lake Could Be Yours! So Much Value I Don't Even Know Where To Start! Let's Go With How Ideally Located It Is On A Quiet One-Way Family-Friendly Street! No... Let's Begin With How Gorgeous The Traditional Charm (Wainscotting, Stained-Glass Windows, Etc.) W/ Modern Features/Finishes Throughout. Actually... How About We Get Started By Talking About The Open Main-Floor Layout W/ Incredible Family Room Rear Addition! Potential To Build On Top Of This To Gain A Primary Ensuite & W/I Closet Upstairs. Wait... Did I Mention The Secluded Backyard Oasis? Surrounded By Beautiful Character Homes? Surely I Mentioned The Walking Distance To Shops/Cafes/Resto's Along Lake Shore Village? And Humber Bay Shores W/ Scenic Waterfront Views? Mimico GO Station & Mimico Village W/ San Remo Bakery, Revolver Pizza & Jimmy's Coffee? Hold On... Did I Bring Up The Curb Appeal? I Must Have Highlighted The Short 10-15 Min Commute To Downtown/Airport... Right? Honestly... I Would Tell You All About How Incredible This Opportunity Is... But I Wouldn't Even Know Where To Start! Carson Dunlop Pre-List Inspection Report Available. Don't Miss Out On This Amazing Home! (id:66096)

Property Details

MLS®: W14117078
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 25 × 125 ft (3,125 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $4,773/yr
Listed: 9 days ago

Rooms

Main level

Living room: 7.8 x 2.8 meters
Kitchen: 3.4 x 2.6 meters
Living room: 3.3 x 4.2 meters

Second level

Primary Bedroom: 3.4 x 3.7 meters
Bedroom 2: 3.4 x 3.2 meters
Bedroom 3: 2.7 x 2.3 meters

Lower level

Recreational, Games room: 5.3 x 4.2 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, Dryer, Hood Fan, Window Coverings
Flooring: Hardwood, Ceramic
Foundation: Block
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Mimico) listings, avg age

57d

Price / ft²

$960

List price

$1.25M

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 (Mimico) has been listed for 9 days, which is 48 days fresher than the city average of 57. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · JOEL KEITNER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $1,248,000, about 15.8× the local median household income of $79,000.

Carrying it typically needs a household income of about $243,778 (20% down, 25-yr amortization, stress-tested) — roughly 209% above the area median.

Median household income: $79,000
Population: 44,144
Median age: 40
Owner / renter: 49% / 51%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M8V)

$1,248,000· $960/ft²

For sale

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Full Cost Breakdown

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Down Payment8.00% · $99,800.00

Min 8.00%50%

Mortgage payment$6,366/mo

↳ CMHC premium ($45,928 capitalized)

Property tax (est.)$398/mo

Total monthly$6,764

Cash Needed to Close

Down payment (8.00%)$99,800

Land transfer tax$42,870

Est. closing costs$6,244

Total cash needed$148,914

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