54 Westbrook Avenue, Toronto (Woodbine-Lumsden), Ontario, M4C2G4




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$649,000
Toronto
This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $649,000, it is attractively priced about 32% below the $949,000 median asking price in Toronto. It has been on the market 36 days, fresher than the Toronto average of 42 days.
Attention Builders, Investors & End Users! Exceptional opportunity in the sought-after Woodbine-Lumsden neighbourhood to build a custom home on a 25 x 100 ft lot. Much of the groundwork is already complete, including Committee of Adjustment approvals, architectural plans and drawings, and a comprehensive permit package substantially advanced toward final issuance. The proposed plans feature an impressive approximately 2,000 sq. ft. two-storey detached home plus a finished lower level, offering 4 bedrooms, a garage, and a thoughtfully designed layout for modern family living. An outstanding opportunity for a builder to take over an advanced project or for an end user to create a personalized custom home without starting the lengthy design and approvals process from scratch. Situated on a quiet residential street in an established East York neighbourhood, close to the Danforth, TTC subway, parks, schools, shops, restaurants and everyday amenities. Plans, Committee of Adjustment approvals and permit package available for review. A rare opportunity to move a custom-build project significantly forward in a highly desirable Toronto location.... Complete Plans, Approvals & Permit package include with the sale.... Flexible closing (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 36 days on market, against an average age of 42 days across the listings currently for sale in this city
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.
This 4-bed single family in Toronto (Woodbine-Lumsden) has been listed for 36 days, which is 6 days fresher than the city average of 42. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $649,000, about 7.8× the local median household income of $83,000.
Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 53% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4C)
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Loading rates, 30-yr amortization
Cash Needed to Close
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