$849,000

For sale

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541 Vaughan Road, Toronto (Oakwood Village) - Single Family for Sale

541 Vaughan Road, Toronto (Oakwood Village), Ontario, M6C2R2

4 beds3 baths3 parking lot size

310 Lauder Avenue, Toronto (Oakwood Village), Ontario, M6C2J9

5 bd5 ba2 pk2,250 ft²Lot size 26 × 120 ft (3,120 sq ft)

Listed by SAGE REAL ESTATE LIMITED

313 Robina Avenue, Toronto (Oakwood Village), Ontario, M6C3Z2

For saleJust listed

6 days ago

$2.00M

313 Robina Avenue, Toronto (Oakwood Village), Ontario, M6C3Z2

5 bd4 ba5 pk2,250 ft²Lot size 32 × 100 ft (3,150 sq ft)

Listed by HOMELIFE REGIONAL REALTY LTD.

174 Cedric Avenue, Toronto (Oakwood Village), Ontario, M6C3X8

For saleJust listed

6 days ago

$2.79M

174 Cedric Avenue, Toronto (Oakwood Village), Ontario, M6C3X8

5 bd5 ba2 pk2,250 ft²Lot size 25 × 106 ft (2,638 sq ft)

Listed by RIGHT AT HOME REALTY

170 Robina Avenue, Toronto (Oakwood Village), Ontario, M6C3Y7

For sale

7 days ago

$858K

170 Robina Avenue, Toronto (Oakwood Village), Ontario, M6C3Y7

2 bd3 ba1 pk900 ft²Lot size 17 × 106 ft (1,836 sq ft)

Listed by ROYAL LEPAGE SECURITY REAL ESTATE

Investment analysis

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$849,000

Toronto

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Description

Why settle for one income stream when this home may offer more? This detached bungalow in Oakwood Village comes with a DUPLEX description per MPAC (report is available upon request), a self-contained 1-bedroom basement apartment with its own laundry, a second basement unit (bachelor suite) potential for setup. Two separate entrances to the basement (each unit has it's own entrance). Perfect for buyers looking to offset mortgage costs, accommodate extended family, or expand their investment portfolio. The flexible main-floor layout includes a third bedroom currently styled as a home office. Private gated driveway adds extra convenience and security. Close to transit, schools, shops, and everyday essentials. (id:66096)

Property Details

MLS®: C13214806
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Parking: 3
Lot Size: 24 × 97 ft (2,360 sq ft)
Frontage: 24 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Radiant heat, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,958.96/yr
Listed: 160 days ago

Market Timing

Days on market

160d

Toronto (Oakwood Village) listings, avg age

59d

List price

$849K

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 (M6C)

This home lists at $849,000, about 9.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 82% 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)

$849,000

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,900.00

Min 7.06%50%

Mortgage payment$4,375/mo

↳ CMHC premium ($31,564 capitalized)

Property tax (est.)$330/mo

Total monthly$4,705

Cash Needed to Close

Down payment (7.06%)$59,900

Land transfer tax$26,910

Est. closing costs$5,047

Total cash needed$91,857

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

541 Vaughan Road, Toronto (Oakwood Village) - Single Family for Sale

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Description

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Neighbourhood profile (M6C)

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