$1,125,000

For sale

57 Morse Street, Toronto (South Riverdale) - Single Family for Sale

57 Morse Street, Toronto (South Riverdale), Ontario, M4M2P7

3 beds2 baths1 parking900 ft²16 × 129 ft (2,012 sq ft) lot sizeListed 10 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $1,125,000, it is attractively priced about 13% below the $1,298,000 median asking price in Toronto. It has been on the market 10 days, fresher than the Toronto average of 49 days.

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Description

Location, lifestyle and convenience - this Leslieville gem has it all! Welcome to 57 Morse Street, a charming 3-bedroom, 2-bathroom end-unit row house ideally located on a quiet, tree-lined one-way street across from Morse Street Playground, in one of Toronto's most sought-after neighborhoods. The bright, open-concept living and dining area flows into the kitchen, where French doors open on to a private rear deck - perfect for morning coffee, summer barbecues and entertaining. This home features hardwood and laminate flooring throughout, with carpet only in one bedroom. The primary bedroom also includes a practical stand-alone wardrobe for clothes and storage. As an end unit, the property offers added privacy and appeal, while the detached garage with lane way access is a rare and valuable feature in this area offering flexibility and the potential for a future laneway or coach house subject to municipal approvals. Experience the perfect blend of neighborhood charm and urban convenience, just steps from trendy cafés, popular restaurants, boutique shops, parks, and public transit. With Queen Street East nearby and easy access to downtown Toronto, everything you need is within reach. Whether you're a young family, a professional or simply looking to embrace the Leslie Ville lifestyle, this home offers a wonderful opportunity to live in one of Toronto's most desirable neighborhoods. A fantastic location, a welcoming community and a place to call home. Don't miss this opportunity! (id:66096)

Property Details

MLS®: E14118718
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 900 ft²
Lot Size: 16 × 129 ft (2,012 sq ft)
Frontage: 16 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $5,486.27/yr
Listed: 10 days ago

Rooms

Main level

Living room: 3.76 x 2.82 meters
Dining room: 3.76 x 3.07 meters
Kitchen: 3.43 x 2.84 meters

Second level

Bedroom: 3.2 x 4.09 meters
Bedroom 2: 3.76 x 2.49 meters
Bedroom 3: 2.01 x 2.87 meters

Basement

Recreational, Games room: 2.92 x 3.66 meters

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

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dryer, Window Coverings
Flooring: Hardwood, Laminate, Carpeted
Foundation: Block
Exterior: Brick
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

Toronto (South Riverdale) listings, avg age

49d

Price / ft²

$1,250

List price

$1.13M

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 (South Riverdale) has been listed for 10 days, which is 39 days fresher than the city average of 49. Act while there is still low competition.

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Listed by ROYAL LEPAGE TERREQUITY REALTY · KAREN REA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4M)

This home lists at $1,125,000, about 11.4× the local median household income of $99,000.

Carrying it typically needs a household income of about $219,752 (20% down, 25-yr amortization, stress-tested) — roughly 122% above the area median.

Median household income: $99,000
Population: 25,052
Median age: 38.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$1,125,000· $1,250/ft²

For sale

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Full Cost Breakdown

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Down Payment7.78% · $87,500

Min 7.78%50%

Mortgage payment$5,752/mo

↳ CMHC premium ($41,500 capitalized)

Property tax (est.)$457/mo

Total monthly$6,209

Cash Needed to Close

Down payment (7.78%)$87,500

Land transfer tax$37,950

Est. closing costs$5,875

Total cash needed$131,325

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