$3,475,000

$3,550,000For salePrice drop↓ $75,000 (2%)

553 Broadway Avenue, Toronto (Leaside) - Single Family for Sale

553 Broadway Avenue, Toronto (Leaside), Ontario, M4G2S2

5 beds5 baths3 parking2,250 ft²31 × 135 ft (4,185 sq ft) lot sizeListed 59 days ago

Overview

This 5-bedroom, 5-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Its $3,475,000 asking price sits right in line with the $3,475,000 median in Toronto. It has been on the market 59 days, fresher than the Toronto average of 75 days.

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Description

This Leaside jewel has serious attention to detail everywhere you look. Classic finishes with design elements well integrated throughout the entire home create an elegant, serene flow from one exquisite space to the next. Ebony hardwood floors greet you on entry through the front living room and formal dining room. The gourmet kitchen with breakfast bar is combined with a family room which features a built-in entertainment wall, and there is also a casual dining area overlooking the walkout sundeck and stunning south facing landscaped yard. On the second floor the primary bedroom features soaring ceilings, a Juliet balcony, 6 piece ensuite with steam shower and a generous walk-in closet. There are also three more large bedrooms (all with ensuites) and convenient second floor laundry. The lower level is expansive and bright, with nine foot ceilings, a massive recreation room with a gas fireplace, walk-out to the yard and in-law/nanny suite optionality. As you walk through, it just feels like home. Not to be missed. (id:66096)

Property Details

MLS®: C13753904
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 5
Half Baths: 1
Parking: 3
Interior Size: 2,250 ft²
Lot Size: 31 × 135 ft (4,185 sq ft)
Frontage: 31 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.96 x 4.7 meters
Dining room: 3.96 x 3.8 meters
Eating area: 3.38 x 2.13 meters
Kitchen: 4.6 x 2.77 meters
Family room: 4.19 x 5.94 meters

Lower level

Recreational, Games room: 6.81 x 6.15 meters
Bedroom 5: 3.66 x 5.89 meters
Furnace: 3.18 x 3.05 meters
Cold room: 1.22 x 0.91 meters
Laundry room: 2.69 x 1.52 meters

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Wine Fridge, Range, Oven, Dryer, Microwave, Freezer, Window Coverings, Garage door opener, Garage door opener remote(s)
Flooring: Concrete, Hardwood, Carpeted, Ceramic
Foundation: Unknown
Exterior: Brick, Stucco
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

59d

Toronto (Leaside) listings, avg age

75d

Price / ft²

$1,544

List price

$3.48M

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 (Leaside) has been listed for 59 days, which is 16 days fresher than the city average of 75. Act while there is still low competition.

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Listed by REAL ESTATE HOMEWARD · MICHAEL WACHOLTZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4G)

This home lists at $3,475,000, about 26.7× the local median household income of $130,000.

Carrying it typically needs a household income of about $678,789 (20% down, 25-yr amortization, stress-tested) — roughly 422% above the area median.

Median household income: $130,000
Population: 19,598
Median age: 44.4
Owner / renter: 68% / 32%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4G)

$3,475,000· $1,544/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $695,000

Min 20%50%

Mortgage payment$14,820/mo

Property tax (est.)$1,268/mo

Total monthly$16,088

Cash Needed to Close

Down payment (20%)$695,000

Land transfer tax$146,700

Est. closing costs$12,925

Total cash needed$854,625

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