$1,999,800
Toronto
55 Hemford Crescent, Toronto (Banbury-Don Mills), Ontario, M3B2S4
This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,999,800, it is attractively priced about 22% below the $2,549,000 median asking price in Toronto. It has been on the market 45 days, fresher than the Toronto average of 49 days.
A spectacular opportunity in one of Toronto's most prestigious neighbourhoods. Live in this beautifully updated, charming home or undertake a major renovation, or design and build your dream residence on an extraordinary 15,000+ sq. ft. lot backing directly onto the scenic Don Mills Spur Line Trail. (Please see artist renderings attached.) Nestled on a quiet, highly sought-after crescent surrounded by multi-million dollar homes, this exceptional property offers endless possibilities. The existing home has been tastefully updated and features the rare advantage of a double-car garage plus parking for up to six vehicles. The expansive backyard rivals the area's finest parks, creating an incredibly private setting for family living and outdoor entertaining. Inside, the spacious living and dining rooms are ideal for hosting, while large picture windows fill the home with natural light and frame beautiful views of the lush gardens. Enjoy an outstanding family-friendly lifestyle just moments from top-rated schools, Bond Park (baseball, tennis, soccer), the Don Mills Spur Line Trail (for riding or walking), the public library, and the vibrant Shops at Don Mills. Boutique shopping, Metro, IndigoSpirit, Shoppers Drug Mart, VIP Cineplex, and an exceptional selection of casual and fine dining are all within easy reach. A truly rare offering to secure one of the area's largest lots in a premier location, combining exceptional lifestyle, natural surroundings, and outstanding future potential. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 45 days on market, against an average age of 49 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 (Banbury-Don Mills) has been listed for 45 days, which is 4 days fresher than the city average of 49. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,999,800, about 16.5× the local median household income of $121,000.
Carrying it typically needs a household income of about $390,631 (20% down, 25-yr amortization, stress-tested) — roughly 223% above the area median.
Source: Statistics Canada, 2021 Census (FSA M3B)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.