$918,900

For sale

55 Picaro Drive, Toronto (Glenfield-Jane Heights) - Single Family for Sale

55 Picaro Drive, Toronto (Glenfield-Jane Heights), Ontario, M3N2B6

3 beds2 baths3 parking1,300 ft²30 × 130 ft (3,900 sq ft) lot sizeListed 39 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Its $918,900 asking price sits right in line with the $949,000 median in Toronto. It has been on the market 39 days, fresher than the Toronto average of 62 days.

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Description

Welcome to 55 Picaro Drive, a beautifully maintained home in the sought-after Glenfield-Jane Heights community. This meticulously cared-for semi-detached bungalow is situated on a large 30 x 130 ft. lot, offering exceptional pride of ownership, comfort, and value throughout. The bright and spacious main floor features 3 spacious bedrooms and 1 - 4 pc bathroom, along with a large living and dining area, newly installed engineered hardwood flooring, new interior doors, fresh paint throughout, and an updated kitchen with ceramic flooring and backsplash.A separate entrance leads to the finished basement, providing excellent potential for multi-generational living, an in-law suite, or possible income potential. The lower level includes a second kitchen, a 3-piece bathroom, and a spacious open-concept recreation room with a cozy gas fireplace. The home has been impeccably maintained both inside and out and is truly move-in ready for its next owners.Conveniently located steps to the new Finch West LRT, and close to schools, parks, shopping, restaurants, hospitals, public transit, York University, and Highways 400 and 401, this property offers unmatched everyday convenience in a highly connected neighbourhood. A turnkey opportunity offering comfort, location, and income potential. A must-see! (id:66096)

Property Details

MLS®: W13833768
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 30 × 130 ft (3,900 sq ft)
Frontage: 30 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Separate entrance, Walk-up, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 4.14 x 3.96 meters
Dining room: 3.15 x 2.74 meters
Kitchen: 3.81 x 2.36 meters
Eating area: 3.04 x 2.59 meters
Primary Bedroom: 4.08 x 3.14 meters
Bedroom 2: 3.78 x 2.79 meters
Bedroom 3: 3.04 x 2.74 meters

Basement

Recreational, Games room: 6.09 x 3.75 meters
Kitchen: 6.09 x 3.53 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Gas stove(s), Dishwasher, Dryer, Window Coverings, Garage door opener
Flooring: Hardwood, Laminate, 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

39d

Toronto (Glenfield-Jane Heights) listings, avg age

62d

Price / ft²

$707

List price

$919K

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 (Glenfield-Jane Heights) has been listed for 39 days, which is 23 days fresher than the city average of 62. Act while there is still low competition.

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Listed by REALTY EXECUTIVES PRIORITY ONE LIMITED · FRANK COVELLO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3N)

This home lists at $918,900, about 13.8× the local median household income of $66,500.

Carrying it typically needs a household income of about $179,493 (20% down, 25-yr amortization, stress-tested) — roughly 170% above the area median.

Median household income: $66,500
Population: 40,846
Median age: 38
Owner / renter: 37% / 63%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA M3N)

$918,900· $707/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.28% · $66,890

Min 7.28%50%

Mortgage payment$4,724/mo

↳ CMHC premium ($34,080 capitalized)

Property tax (est.)$294/mo

Total monthly$5,018

Cash Needed to Close

Down payment (7.28%)$66,890

Land transfer tax$29,706

Est. closing costs$5,257

Total cash needed$101,853

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