$1,498,888

For sale

55 Muir Avenue, Toronto (Humber Summit) - Single Family for Sale

55 Muir Avenue, Toronto (Humber Summit), Ontario, M9L1H5

5 beds5 baths8 parking2,250 ft²38 × 93 ft (3,488 sq ft) lot sizeListed 61 days ago

Overview

This 5-bedroom, 5-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. It has been on the market 61 days, fresher than the Toronto average of 96 days.

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Description

Prepare to be amazed by this one-of-a-kind, custom-built luxury home built in 2022 in prestigious Humber Summit! Designed with modern elegance and superior craftsmanship, this sun-filled 4+1 bedroom, 5-bath masterpiece offers approximately 3,500 sq.ft. of refined living space, including a beautifully finished walk-up basement with separate entrances from the side and back. The home features four spacious bedrooms upstairs-each with its own ensuite-and a versatile in-law suite below, perfect for extended family or guests. Flooded with natural light from 7 stunning skylights, and warmed by two elegant fireplaces, every room showcases exceptional detail and quality. The gourmet kitchen flows seamlessly into the open-concept living and dining areas, creating an inviting space for entertaining. Step out onto the backyard deck for serene outdoor enjoyment. The exterior impresses with new interlocking and concrete work (front and back), and a massive driveway with no sidewalk-parking for up to 8 cars! With timeless curb appeal, thoughtful design, and luxurious finishes throughout, this is more than a home-it's a lifestyle of comfort, style, and sophistication in one of Toronto's most desirable neighbourhoods. (id:66096)

Property Details

MLS®: W13748968
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 5
Half Baths: 1
Parking: 8
Interior Size: 2,250 ft²
Lot Size: 38 × 93 ft (3,488 sq ft)
Frontage: 38 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Ground level

Dining room: 3 x 3.72 meters
Family room: 4 x 3.81 meters
Kitchen: 3.41 x 4 meters
Eating area: 3.31 x 3.1 meters

Basement

Bedroom: 3.21 x 3.3 meters
Kitchen: 3.32 x 3.1 meters
Family room: 3.5 x 4 meters

Second level

Primary Bedroom: 4.6 x 3.74 meters
Bedroom 2: 3.1 x 3.65 meters

Features

Appliances: Washer, Refrigerator, Water softener, Gas stove(s), Dishwasher, Dryer, Water Heater
Foundation: Poured Concrete
Exterior: Brick, Stone
Lot Features: Carpet Free, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

61d

Toronto (Humber Summit) listings, avg age

96d

Price / ft²

$666

List price

$1.50M

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 5-bed single family in Toronto (Humber Summit) has been listed for 61 days, which is 35 days fresher than the city average of 96. Act while there is still low competition.

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Listed by RE/MAX EXPERTS · RIZWAN SADIQ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9L)

This home lists at $1,498,888, about 18.5× the local median household income of $81,000.

Carrying it typically needs a household income of about $292,785 (20% down, 25-yr amortization, stress-tested) — roughly 261% above the area median.

Median household income: $81,000
Population: 11,737
Median age: 41.6
Owner / renter: 75% / 25%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA M9L)

$1,498,888· $666/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,888.80

Min 8.33%50%

Mortgage payment$7,618/mo

↳ CMHC premium ($54,960 capitalized)

Property tax (est.)$547/mo

Total monthly$8,164

Cash Needed to Close

Down payment (8.33%)$124,889

Land transfer tax$52,906

Est. closing costs$6,997

Total cash needed$184,791

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